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Smartenergy wants to build a green hydrogen plant in Egypt
An agreement between the gov’t and the company is reportedly “imminent”
THIS EVENING: Swiss private investment firm Smartenergy in talks to set up USD 1 bn green hydrogen facility in Egypt
Happy THURSDAY, ladies and gentlemen. For those of you reading us as you head up to the North Coast, we…
THIS EVENING: Singapore’s Indorama has its eyes on investing in Egypt
Happy almost-THURSDAY, wonderful people. It may have been an abridged workweek, but we’re very much looking forward to the upcoming…
Japanese auto parts manufacturer given land for factory
Japanese manufacturer Yazaki will begin construction of its EUR 30 mn factoryin Fayoum’s first freezone after signing land contracts with…
Gennecs’ huge vaccine plant + four other projects receive golden licenses
The plant is expected to produce 300 mn vaccines a year, making it the largest of its kind in the…
Swedish appliances manufacturer Electrolux to exit Egypt
The Zanussi manufacturer will sell all of its brands and assets in Egypt as part of global “reprioritization” plans
MTI to acquire 40% of B Investments’ B Pharma
The transaction values B Pharma at around EGP 512.5 mn
Foreign investors are interested in Banque Misr’s digital bank
The bank has applied for a digital banking license following the new regs that were published last week
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