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Sailun Group to invest USD 1 bn in Sokhna tire plant
The factory will be developed over the next three years, with the first phase set to go online in 2026
China’s Changzhou Ramada to invest USD 22.6 mn in Qantara West textile plant
The Qantara West Industrial Zone has attracted 32 projects so far
Local steelmakers invest in expanding production and boosting exports
The steel industry has been a key target of the state’s localization push
Lorax Capital Partners-led consortium acquires AfricInvest’s entire MDP stake. PLUS: Genesis opens first Egypt showroom, Fawry partners with Forsa
Lorax’s acquisition bid was backed by the EBRD, International Finance Corporation, and the French Development Agency’s Proparco
Orient Tours to invest USD 200 mn in the tourism sector
The expansion plan covers hotel renovations, Nile cruise upgrades, and a new water park
Tech Valley breaks ground on its first two projects worth a combined USD 40 mn
The two Indian factories will manufacture diverse alloy products
Gov’t studies incentives package to boost investment in tech-focused universities
Five technological universities have already been approved for establishment
Abou Hashima-controlled companies eye IPO + USD 300 mn renewables investment
PLUS- MAFI mulls IPO or stake sale by 2030
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