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Six golden licenses attract EGP 5.6 bn of fresh investments
The projects span the fields of tourism, transport, housing, internal trade, food, and green energy.
Two European firms mull USD 270 mn investments in plays on Egypt’s growing gold industry
EGAS has signed off on the two factories’ requests for natural gas supplies
Turkish firm eyes USD 7 bn logistics and industrial zone in Gargoub
Operations are expected to begin in 2026 with a multipurpose terminal and logistics area
Results of EFG Hermes Research’s annual One-on-One live poll are out
Most respondents are bullish about investments this year
MoneyHash secures USD 4.5 mn in seed funding. PLUS: Acacia invests in Kenyan startup Tappi, Saudi’s CoreVision acquires VeFund
MoneyHash plans to use the proceeds to invest in its technology and to expand its growth across the region
ECHEM, ANRPC mulling USD 380 mn sustainable jet fuel project with unnamed private sector company
Work on the project will kick off in late 2026
ADQ acquires development rights to Ras El Hekma for USD 24 bn, will invest a further USD 11 bn in “real estate and other prime projects”
Ras El Hekma will be transformed into a “next-generation city,” housing tourism, urban, commercial, and recreational spaces
UAE’s UDC to invest EGP 60 bn in a mixed-use development project. PLUS: NHMC is building a USD 300 mn medical and educational complex
UDC’s project will feature residential, administrative, entertainment, commercial, and hospitality units
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