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Automakers are already lining up for the government’s local manufacturing initiative
Five automotive players are looking to either expand their local production or start assembling their units locally
Introducing the cabinet’s Economic Ministerial Group. PLUS: News from Madinet Masr, Eastern Company, Infinity Power
The group will be headed by Prime Minister Moustafa Madbouly
TMG’s SouthMed rakes in USD 4.2 bn of sales in six days
Good morning, friends, and happy long weekend. We hope you enjoy a well-earned break with family and friends. Dreaming of…
Emirati-Egyptian partnership to launch USD 500 mn Nile-side development. PLUS: Talaat Moustafa Group, ACWA Power + AMEA Power, Elsewedy, Admaius, Concrete, Puma
The project will see the construction of three mixed-use towers and a five-star hotel
Record sales for TMG’s SouthMed jump to EGP 200 bn in six days
Good afternoon, friends. The news cycle has kept easing us into the last days before the much-anticipated long weekend. THE…
Eni looks to up production with plans to drill new wells. PLUS: IBRD allocates loan to help develop railway line, Madinet Masr taps construction company to work on Sarai
Back in April, it was reported that Eni had slowed down exploration operations in Egypt
Adeer to set up mixed-use development in East Cairo alongside Paragon
The Saudi real estate developer has plans to partner with Egyptian companies on projects in Egypt and Saudi
Azimut one step closer to launching shariah-compliant fund after getting FRA approval. PLUS: Neom, LRT, Adeer + Hassan Allam Properties + Melee Development
The fund will invest in stocks listed on the EGX’s newly-launched shariah-compliant EGX33
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