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Elsewedy Electric, Qatar’s UCC sign to build Libyan power plant
The contract is worth at least EUR 800 mn
“Fake weather news” bill making its way through the House
Committee claims the bill could prevent the loss of “bns of USD”
Madinet Masr plans to spend more this year
Company to deploy EGP 3 bn in mainly construction capex this year
MPs to vote next week on bringing back daylight saving time. PLUS: News from Cheiron, Bahrain investment, Mytilineos, Madinet Masr / Madinet Nasr, and Rosatom
The House Local Administration Committee approved the draft bill yesterday
Spinneys to open 12 new branches by mid-2024
The supermarket chain will spend EGP 450 mn on the expansion
SFE picks developer to turn Lazoghly into a Downtown Cairo business and tech hub
A Investments turn Interior Ministry’s Lazoghly HQ into a tech and business hub
Giza Systems wants to spend up to USD 40 mn on acquisitions this year. PLUS: Al Baraka Bank + BdC’s Taly?
The tech company wants to buy Saudi firms that have Egyptian talent
IFC commits EUR 25 mn to Mediterrania Capital’s regional fund
The IFC could later increase investment to EUR 45 mn
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