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NACCUD in talks with foreign investors over sports complex in Egypt’s new capital
The New Administrative Capital Company for Urban Development (NACCUD) is in talks with unnamed investors to develop a 150 feddan…
investment watch
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SANAD Fund, Green for Growth Fund plan to invest USD 30-80 mn in Egypt
Up to USD 80 mn in love for renewables and SMEs. SANAD Fund and Green for Growth Fund (GGF) are…
EIPICO to set up pharma factory for EGP 1 bn
ACDIMA subsidiary the Egyptian International Pharma. Industries Company (EIPICO) is planning to set up a biosimilar production facility at a…
Sawiris looks to acquire license for SME-focused bank in Egypt
Hope springs eternal: Naguib Sawiris would like to set up an SME-focused financial institution once the Central Bank of Egypt…
Teda to invest USD 320 mn in Suez Canal development projects
The Teda Investment company has signed agreements with a consortium of eight other investment firms to offer USD 320 mn…
MENA fund managers are bullish on Egypt, Dubai
MENA fund managers are bullish on Egypt, Dubai: Around half of Middle East fund managers say they are looking to…
CPG in talks with Egypt’s NUCA to acquire 500 feddans in Sheikh Zayed
Capital Group Properties (CPG) is in talks with the New Urban Communities Authority (NUCA) to purchase 500 feddans in Sheikh…
ITDA contracts Egyptian, foreign investors to develop EGP 30 bn logistics centers
The Internal Trade Development Authority (ITDA) has awarded contracts to Egyptian and foreign investors to develop six logistics and commercial…
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