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Singapore chemicals firm to invest USD 700 mn in 2 factories. PLUS news from BP, Orascom Construction, aiBank, Glamera, and Waterway Developments.
PLUS: BP to drill four exploratory gas wells in the Mediterranean before the end of the year
Egypt aims to raise USD 5 bn from privatization by June 2024
It expects to raise the money by selling seven assets to private investors
BP to invest USD 3.5 bn in Egypt in 3 years. PLUS: latest on Middle East Glass, Cairo-Tokyo flights + new education visas
BP CEO Bernard Looney held talks with President Abdel Fattah El Sisi yesterday
El Sisi announces fresh measures to support manufacturing activity + Russian, Chinese manufacturers to invest in new plants in Egypt
Industrial projects in priority sectors will get a five-year exemption from most taxes
EGX approves Al Ezz Dekheila delisting. PLUS: News on corn, East Port Said, Microsoft
Al Ezz Dekheila Steel plans to buy back the government’s 31% stake and delist from the exchange
GV Investments’ huge industrial project in Giza just got approved
The investment zone will include industrial, logistics, financial and business centers, and other amenities
Gulf capital is backing the USD 5 bn redevelopment of Mubarak-era HQ
Nilus to build a hotel and a garage where the NDP HQ once stood
Apache to invest USD 1.4 bn in Egypt in 2024. PLUS: Cairo International Airport Terminal 4, another GASC wheat tender + new solar tender
The US oil company is interested in exploring for gas in the Eastern Mediterranean
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