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BdC’s updated valuation study has been approved by a cabinet committee, marking a step closer to IPO
Good morning, folks. We’ve got three stories to kickstart the week, one about a macro surprise, another on our friends…
HSBC boosts Swvl’s working capital facility by 110% to USD 1.4 mn
Plus: Modon awards EGP 12 bn infrastructure and residential contract for Ras El Hekma’s first district
July auto sales jump 15.6% y-o-y, as buses, trucks outpace passenger cars
The auto market grew 15.6% y-o-y in July as buses and trucks once again drove growth, with passenger cars staging…
Sahl is preparing to launch in DIFC to serve Egyptian expats in the UAE
Plus: FRA approves investment fund platforms for Azimut and Menthum Holding
VLens, EFG Holding to pilot remote e-passport identity verification for foreign investors
Plus: EV Industries to open smart lighting factory later this month with USD 15 mn investment
Nine new factories go live in Sokhna as SCZone manufacturing base hits 212 plants
Nine new industrial projects worth USD 84.5 mn have come online in the SCZone’s Sokhna zone, the second nine-plant opening…
Egypt’s economy grew 5.1% in FY 2025/26, beating the IMF’s forecast
Good morning, folks. Today we’re minding the gap between what’s planned on paper and what’s actually working in practice with…
Factories follow the Sahel development boom
The North Coast’s development boom is beginning to build an industrial economy alongside the homes, hotels, and tourism infrastructure reshaping…
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