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Concentrix to invest USD 1 bn to expand Egypt outsourcing operations
The company is also planning to open a new service center in Mansoura
FDI growth continued in 2024, but uncertainty weighs on prospects for 2025
The Middle East attracted USD 70 bn in FDI in 2024
Orascom Construction, Hassan Allam Construction, Elsewedy Electric’s Rowad near completion of USD 1 bn Tripoli Third Ring Road. PLUS: SIAC Construction, Al Amal Auto + Forthing, Ariston, Telecom Egypt + Cisco
The consortium will complete the project “very soon,” said Libyan Prime Minister Abdul Hamid Dbeibah
Gender gap in VC funding widens as AI companies dominate
Funds targeting female founders are going through a rough patch
Nas Investments makes 90% EgyFert acquisition bid official with MTO. PLUS: Heliopolis Housing, JA Solar + AMEA Power, Healthy, Elsewedy Electric, Misr Petroleum, Ezdehar, Robbiki Leather City
M&A- UAE-based Nas Investments Holding submitted a mandatory tender offer to acquire an additional 57.5% stake in EGX-listed fertilizers player…
IDG to invest EGP 3 bn developing its zones this year
IDH currently owns three industrial zones
Organi Group to launch region’s first chlorine pellet plant with USD 100 mn investment
The plant is expected to launch by year-end, and could save Egypt USD 200 mn in import costs
National Investment Bank to offload entire stake in Alamal Alsharif Plastics through direct EGX listing in 2Q 2025
The National Investment Bank is reportedly looking to divest its entire 29.5% in the company
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