Egypt Edition 
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AI + Innovation (MENA) 
Logistics (MENA) 
Volkswagen to work with gov’t on auto industrial zone study
The project is aiming to attract USD 240 m in investments and employ 6k people
How can we keep the Egyptian furniture industry flourishing?
Incentives should take center stage to improve the sector’s competitiveness
Elsewedy Capital and Ezz El Arab Automotive team up to locally assemble cars
The newly found company aims to annually produce 50k units in the “coming years”
Egypt awards contracts for logistics zones, dry port + inks agreements to give our transport sector a boost
Egypt inked a slew of new agreements to develop our logistics, maritime and land transport sectors at TransMEA 2023
Pico and Kufpec want to invest USD 119.5 mn in Gulf of Suez exploration. PLUS: Equinox ups stake in Rameda, UAE embassy move, power generator plant
The two companies also requested 20-year licenses for the concession
Schneider is investing EUR 8 mn in the local market before year end. PLUS: Prime, Vestas, petrochemical industry, Kharafi, Cofra, Heliopark
Schneider Electric plans to invest EUR 8 mn in the local market
More funding from the AfDB. PLUS: ICON is heading to Saudi and we’re in for Indian, and German investments
The AfDB plans to lend us USD 349 mn before the end of the year
Gas supplies to energy-intensive industries slashed by up to 30%
The move comes after gas imports fell to zero following Israel’s suspension of all gas exports to Egypt
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