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Polaris Parks to invest EGP 10.5 bn to develop two new industrial parks
The company will start developing its project in New October City at the beginning of 2025
The international press take note of the new capital’s Forbes International Tower that is set to become the world’s first net-zero-carbon tower
The tower will be powered by hydrogen and solar power
Cairo, Ankara deepen cooperation, economic ties during El Sisi’s first official visit to Turkey
The visit, which follows Erdogan’s trip to Cairo in February, is a landmark moment for the two erstwhile regional rivals
GCC investors want a stake in the new capital’s Mount International School
The school is currently valued at some EGP 700 mn
Turkish USD 700 mn denim factory gets gov’t greenlight. PLUS: Ades inks drilling contract, Forbes International Tower to cost USD 1 bn, Sahl eyes digital banking license, Alwady Green heads to KSA
The factory will be built on an area of 100k sqm and will provide around 5k jobs during its first…
Smart mobility could help solve Egypt’s urbanization issues and promote sustainability
Chronic urban issues from pollution to heavy traffic and overcrowding could be reduced through the introduction of smart mobility systems
EFG Hermes ONE to launch a digital onboarding process. PLUS: GREGY tenders go live, Qatari developer eyes Sixth of October project
EFG Hermes One is the first in the country to get the green light from the FRA for the new…
Egyptian-American Enterprise Fund to finance Tanmiya Capital Ventures fund. PLUS: City Lab stake sale fast approaching
The Egyptian-American Enterprise Fund will provide USD 50 mn in financing for Tanmiya Capital Ventures’ upcoming fund
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