Egypt Edition 
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AI + Innovation (MENA) 
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Egypt’s clothing + textile industry is getting a boost in investments
Egypt currently has 4.2k spinning and weaving factories across the country
Egypt should set specific climate targets, boost the private sector role in combating climate change, the OECD suggests
OECD also recommends Egypt should double down on phasing out energy subsidies
Industry players are breathing a sigh of relief after the EGP float
But the higher interest rate environment is cause for concern for some
Building materials manufacturers are looking to boost compliance with EU environmental standards
The industry needs to monitor its carbon footprint and introduce CE marking, head of CBMI told us
Telecom Egypt’s net income rose by 25% y-o-y in 2023. PLUS: Bolt, Danieli, Majid Al Futtaim, Fawry + PayMe, FABMisr, Al Baraka Bank
The company’s revenues were up 28% y-o-y to reach EGP 56.7 bn, which it attributed to higher data services and…
Manufacturer of the Month: Beyti CEO Mark Wyllie
Beyti was established in 1998 and is operated by Saudi’s Almarai
China looks to establish industrial zone on the Mediterranean
The new industrial zone would both work to meet the needs of the local market, while also exporting to the…
Aman Holding and Contact Financial plan GCC expansions in 2024. PLUS: GB Capital + Golden Coast sukuk news, new gold fund, Banknbox + SWFT, PayTabs
Aman Holding will start providing installment services in Saudi Arabia in the second half of the year
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