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Helios’ Raya Foods bid collapses, marking its second failed Egypt deal in two months
Good morning, folks. It’s President Xi Jinping’s last day in Cairo, and we have a recap of all the arrangements…
Eni plans 230 new wells in Egypt over 2026-2027 as country races to slow gas decline
PLUS: Industry Ministry studies Qima scores to reward deeper localization
Gov’t raises industrial land prices again as it widens payment and tenure options
New Cairo land is up 10% to EGP 6,435 per sqm, while Qatameya tops the latest schedule at EGP 8,520
Delayed factories are getting up to an 18-month construction grace period to start operating
Projects closest to completion will receive full late-penalty waivers, while repeat delays get one final three-month window
Industry Ministry preparing to launch new industrial land leasing scheme for SMEs
Industry Minister Khaled Hashim said the scheme directly targets what he called “the main impediment” for SMEs — land cost…
IDA seeks EGP 21 bn to fix industrial land shortage
The Industrial Development Authority is asking for EGP 21 bn to service 17 industrial zones, but lawmakers want the authority…
QNB Egypt joins the tactical tightening club
Good morning, wonderful people. It is another warm day with no big story dominating the news cycle. The government pushed…
Contact co-founder Hazem Moussa steps down as chairman after 25-year run as consumer finance pioneer
The architect of Egypt’s consumer finance industry is moving on to “new ventures” after turning Contact into a diversified NBFS…
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