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Finance in Motion to invest USD 20 bn in Benban through Green for Growth Fund
Germany-based impact investor Finance in Motion is planning to invest USD 20 mn in a renewable energy project in the…
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Executive regulations for Food Cart Act ready soon
LEGISLATION WATCH- Executive regulations for the Food Cart Act will be ready “soon,” Investment Minister Sahar Nasr said, according to…
TUI to launch two new Marsa Alam, Hurghada hotels, Ukrainians love Egypt
INVESTMENT WATCH- UK-based travel tourism company TUI will launch two new concept hotels, one each in Marsa Alam and Hurghada,…
Russia’s Metprom to invest EUR 210 mn in two steel projects in Egypt
INVESTMENT WATCH- Russia’s Metprom to invest EUR 210 mn in two steel projects: Russian metallurgy company Metprom is planning to…
Algebra Ventures joins USD 16 mn series ‘C’ funding for the UAE’s HolidayMe
INVESTMENT WATCH- Algebra Ventures joins USD 16 mn series ‘C’ funding for the UAE’s HolidayMe: Our friends at Algebra Ventures…
Economic court settle sfive bankruptcy disputes worth EGP 7 bn
The Cairo Economic Court has settled five bankruptcy cases worth a combined USD 7 bn from companies in the food,…
AIIB eyes new investments in Egypt’s infrastructure
The Asian Infrastructure Investment Bank (AIIB) is eyeing fresh investments in Egyptian infrastructure projects, a delegation from the bank told…
Investment minister meets with World Bank, discuss Upper Egypt development
Sahar Nasr discusses USD 500 mn Upper Egypt development program with World Bank: Investment and International Cooperation Minister Sahar Nasr…
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