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Delemar Aluminum to invest EGP 750 mn in new factory, eyes IPO in 2023
Delemar Aluminum is investing EGP 750 mn in a new factory in Sadat City, with an eye to begin construction…
Swvl to invest USD 15 mn in Argentina expansion
Mass transit firm Swvl is investing USD 15 mn in Argentina over the next three years to scale the company’s…
Tax incentives announced for green + emerging investments
Gov’t announces tax breaks to boost green economy + other emerging sectors: The government has widened the number of companies…
Scatec to build green ammonia plant in Egypt + Lekela eyes green hydro, desal projects
Investment into green energy and infrastructure is starting to heat up ahead of COP27:- Norwegian renewable energy giant Scatec plans…
Gov’t has incentives for green economy, AI and other priority sectors
A first look at new incentives to spur investment in emerging sectors: The Madbouly government is introducing incentives to spur…
Shatablee receives USD 1.2 mn investment
Interior design startup Shatablee has received a USD 1.2 mn investment, the company announced in a press release, without disclosing…
Carrefour Egypt to spend EGP 250 mn on Egypt expansion
Carrefour Egypt plans to invest EGP 250 mn and build 10 new stores in Egypt this year, Masrawy quotes Carrefour…
UAE-based Gulf Capital to invest USD 250 mn in Egypt, will use Cairo as hub for Egypt and Africa
UAE-based asset management firm Gulf Capital plans to invest some USD 250 mn in Egypt over the next five years,…
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