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Al Ahly Financial Services launches sukuk arm. PLUS: Locally-made PV cells, semiconductors, TVs
From startups, to food and beverages and TVs, it’s a morning full of investment news. AL AHLY FINANCIAL SERVICES LAUNCHES…
SMEs scramble to pay suppliers as credit card limits bite
From early-stage startups to agencies and professional services firms, it’s a slog to find ways of paying Google, Microsoft, and…
Damietta Port lines up USD 455 mn for second cargo terminal
The terminal will have a final capacity of 3.5 mn TEUs and begin operation by 2024.
THIS EVENING: European consortium + International lenders ink financing agreements for Damietta cargo terminal II
Good afternoon, ladies and gentlemen, and a very happy THURSDAY. The weekend is finally just around the corner, although we’ll…
Ahmed Ezz ups his stake in own company. PLUS: News from SODIC, Gorilla Technology, El Etreby
Steel magnate raised his stake to 66.4%
Edita wants to invest 1 EGP bn to expand production capacity
The company’s sales saw a 20% y-o-y in 2023
EFG Hermes eyes USD 300 mn second close for Vortex renewable energy fund
The close could wrap up before the year’s end, bringing the fund’s total size to over USD 500 mn
Real estate players chime in with proposals for the real-estate-for-FX scheme
Real estate players have come up with a host of proposals and incentives designed to attract expats and foreigners towards…
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