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Orascom Construction, Metito to build USD 2.4 bn desalination plant in Abu Dhabi. PLUS: Standard Chartered eyes Egypt, FX crisis hits Arab Alloys industrial complex
The project will process more than 500k cbm of seawater per day
Partment users can now access payment plans via valU
Partment is an online platform that allows people to purchase shares in a second home
FinMin announces temporary VAT exemption on imported machinery and equipment. PLUS: Microfirms can borrow more, new PwC center,
Ministry didn’t disclose how long the exemption will remain in place
Jinu Johnson appointed CEO of EFG Hermes’ Tanmeyah
Johnson has more than 20 years of experience in the banking sector
Al Baraka Bank secures USD 30 mn in green funding from IsDB. PLUS: Italy debt swap agreement extension?
Green SME-led projects to receive funding from IsDB: Al Baraka Bank Egypt will receive USD 30 mn in sharia-compliant funding…
Egypt Education Platform + Modon to launch new school in Alex in 2025. PLUS: News from Banque Misr, MaxAB, Kandil Steel, Qardy, NOSCO, Mastercard and Skoda
Construction on the school will start next year.
The EGX for Dummies
Your starter guide to investing in Egyptian securities:As banks across the country promise unprecedented interest rates through high-interest certificates of…
New regs to help SMEs access finance
MSMEDA finance can be used to unlock bank loans
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