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The Mogamma will become the Cairo House Hotel by the end of 2024
The Mogamma’s face-lift could be finished in 2024: The consortium of investors redeveloping the Mogamma into a hotel will finish…
The first half of the year was good for M&A in Egypt
Egypt has been a MENA M&A hotspot so far in 2022: Egypt recorded 65 M&A transactions worth USD 3.2 bn…
Arab Alloys to build EGP 1 bn industrial complex in SCZone
The newly-established Arab Alloys Company is investing EGP 1 bn to build a ferroalloys industrial complex in the Suez Canal…
CFC Group to build USD 400 mn industrial complex in Qena under the new regional industrial partnership
Emirati fertilizer company CFC Group will establish an industrial complex in Qena Governorate under the new joint industrial partnership between…
THIS EVENING: Egypt-UAE-Jordan-Bahrain industrial partnership moving forward + Gaza gets power back
Good afternoon, wonderful people. It’s only Monday, but it’s another day of good news on the business front. THE BIG…
Saudi wealth fund sets up company to invest in Egypt
Introducing the SEIC: Saudi Arabia’s sovereign wealth fund has set up a company to manage its investments in Egypt as…
Vitro could invest USD 400 mn in Egypt + more interest from Qatari investors
One of the world’s largest glass companies could be coming to Egypt: Mexican glass manufacturer Vitro plans to expand to…
Homzmart closes USD 23 mn pre-series B round
Homzmart just closed one of Egypt’s largest funding rounds this year: Furniture and home goods marketplace Homzmart has closed a…
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