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Gov’t pays back USD 21 mn of its dues to Dana Gas. PLUS: News from Masdar, Nile Developments
The energy firm received 64% of its dues for the period
What can Egypt’s construction industry do to ensure a sector-wide rebound?
The construction industry in Egypt is expected to see a compounded annual growth rate of above 8% until 2029
Contact Financial is setting up an ins. consultancy firm. PLUS: News from Banque Misr, Visa, Misr Ins., Emaar Misr
The firm will have an initial capital of EGP 10 mn and will provide comprehensive ins. services
Egypt could soon welcome its first SPAC. PLUS: News from NREA, Raya, New Jersey Developments
Catalyst Partners has applied for a SPAC license
Gov’t wants to set up a pharma raw material hub. PLUS: News from OPay, Telecom Egypt, Madinet Masr
The hub will aim to meet local market needs and regional exports
SODIC’s net income rises 87% y-o-y in 1H 2024
Gross contracted sales rose 34% y-o-y to EGP 10.9 bn during 1H 2024
More on the new cabinet’s goals for real estate, healthcare, and communications infrastructure
New public hospitals, housing units, and cellular towers are on the newly sworn-in cabinet’s three-year agenda
Marriott to open new Downtown hotel. PLUS: News from Infinity, Azimut, Arco, Madinet Masr
The hotel, set to open in 2029, will be within close proximity to Tahrir Square, the Egyptian Museum, and the…
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