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Madbouly’s investment charm offensive in Riyadh continues to dominate the talk show circuit
The day was capped off by Saudi Crown Prince Mohammed bin Salman’s directive that the PIF inject USD 5 bn…
Mohammed bin Salman tells PIF to pump USD 5 bn in investments into Egypt in “first phase”
Details on the kinds of investments to be targeted remained sparse
Bayt El Khebra is setting up a EGP 15 bn investment fund
The fund will target tourism, real estate, and industrial projects
Palm Hills to embark on USD 300 mn project to set up 15 Saudi schools. PLUS: Contact Financial, Brotinni, ISIS Organic, EFG Hermes, Ayadi, Vacsera
The developer also has plans to set up ten schools in the Egyptian market
T&C Garments readies investments to up production 30% 2026. PLUS: Madinet Masr, Urban Development Fund, ZeroCarbon, ERG Development
The investments will go towards adding new production lines, as well as replacing and restoring older machines
Al Baraka Capital readies sharia-compliant industrial investment-, sport-focussed funds
Al Baraka Capital is also currently working on three sukuk issuances worth EGP 9 bn
Egypt inks over USD 1.1 bn worth of agreements and MoUs at Forum on China-Africa Cooperation
The agreements include a host of new industrial facilities in the SCZone and investments in the telecommunications sector
Cairo, Ankara deepen cooperation, economic ties during El Sisi’s first official visit to Turkey
The visit, which follows Erdogan’s trip to Cairo in February, is a landmark moment for the two erstwhile regional rivals
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