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Egypt, Turkey discuss freight line, bilateral trade, and cross-border banks
Egypt wants to boost trade volumes with Turkey by 50% to USD 15 bn in the next five year
Emaar eyeing up state-owned New Alamein towers. Plus: PFI-owned Red Sea global looks toward Egypt
The Emaar chairman stated that the company is committed to making further investments in the country
Egypt targets USD 25 bn in annual FDI in 5 years -GAFI head
The green energy sector is expected to receive more than USD 50 bn over the coming decade
Tax incentives and policy stability will be hallmarks of FinMin’s upcoming tax policy framework
The document outlines the Finance Ministry’s plans for tax reform to encourage FDI and reassure investors
Saudi Bashayer could deploy an initial EGP 1 bn to develop industrial land in Egypt. PLUS: Japanese investment, Re.life, AirArabia, Drive Finance
SBD is partnering with an unnamed German company with “extensive experience” in waste treatment and recycling
UAE’s Al Dahra wants to buy up more land in Toshka
Al Dahra is in talks to buy up to 500k feddans of agricultural land
SCZone secures over USD 100 mn in Chinese textile projects + Turkish companies looking to expand here
The SCZone head and representatives met with Chinese investors yesterday during the Shanghai leg of its China roadshow
Saudi healthcare giant invests USD 100 mn in Alex project. PLUS: Centamin to invest USD 440 mn in Egypt over two-year period
Saudi German Hospital’s parent group will invest the money in its Batterjee Medical City complex
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