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Damietta Container and Cargo Handling files for a capital hike ahead of a rumored public offering
The company wants to increase its issued and paid-up capital to EGP 1.1 bn
Maersk doesn’t see Red Sea traffic picking up before mid-2025
A trickle of US- and UK-linked ships passed through the Red Sea safely after Yemen’s Houthis announced they would only…
Cabinet signs off on new oil and gas agreements and more
The cabinet approved five concession agreements, that will see no less than USD 225.3 mn invested to drill at least…
Private equity firm RMBV plans to invest USD 100 mn in Egypt in 2025
PLUS- Egytrans and Saudi-based Links Investments have launched Egytrans Arabia
Gov’t on the lookout for new partner for USD 2.3 bn pumped storage hydropower project in Ataka. PLUS: KFH Egypt, Dsquares + Prepit, CI Capital, Aria Technologies, MM Group, Coca Cola
China's SinoHydro initially inked an agreement to build the 2.4 GW project all the way back in 2015
AD Ports eyes Alexandria logistics hub project
The hub is expected to be one of the largest in the Mediterranean
AfDB approves USD 170 mn private sector development, economic diversification loan. PLUS: Paymob, Masria Digital Payments, SideUp, Mobica, Shell, Orascom Financial Holding
The funds will have a special emphasis on green growth
Does the Gaza ceasefire mean the imminent return of Suez Canal traffic?
Red Sea disruptions cost the public purse USD 7 bn in Suez Canal revenues in 2024
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