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Rameda eyes majority stakes in two companies
The company is eyeing a pharma company and a cosmeceuticals firm
IDA offers up land plots + a new phase of its investment map to spur local manufacturing
The plan is to slash USD 30 bn in import expenses
Updates on the car import scheme + plans to draw FX through real estate sales
A number of laws aimed at encouraging foreign ownership of real estate will soon head to the cabinet
More Turkish firms eye local market as relations improve
Turkish companies Vestel and Zorlu to establish a USD 70 mn joint venture in Egypt.
SCZone gets the greenlight to set up investment arm
SCZone Istithmar will manage the authority’s investments
B Investments + MTI invest EGP 500 mn in EZ International
The investment will help EZ International expand El Ezaby’s presence in the local market
Orascom Pyramids to double investment in Giza Plateau redevelopment. PLUS: Tabreed halts investment amid EGP uncertainty
The company will invest a further EGP 500 mn in its project to redevelop the pyramids area
More oil and gas exploration in the Med and Gulf of Suez
ExxonMobil, Kufpec and Pico Energy will partner with state energy firms to explore for hydrocarbons
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