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Dar Ventures co-founder Nader Aboushadi wins ACT Treasury Professional of the Year in Dubai
PLUS: Sixteen industrial sectors are being targeted by the Investment and Foreign Trade Ministry for its new FDI strategy
Redcon Construction has plans to expand its presence regionally
PLUS- Egypt plans to resume imports of 12 mn barrels of crude oil annually from Iraq starting 3Q 2025
Auto distributors push for more locally-assembled vehicles to make up for import restrictions. PLUS: Somabay + Redcon, SODIC, TMG, Mass Developments, EFG Hermes, Kima
A group of companies that assemble vehicles led by GB Auto have agreed to increase their allocations to accredited distributor
Raya Contact Center’s board greenlights full acquisition of Gulf CX. PLUS: Oxy Egypt’s UAE expansion, new private freezone plans, Ras El Hekma marina greenlit
Raya CX acquired an 85% stake in the company in 2021
Bonyan expands portfolio with acquisition in Redcon's Golden Gate project
Redcon is eying the residential sector with target properties in the North Coast and Fifth Settlement
Orascom, Metito reach financial close for Abu Dhabi desalination project. PLUS news from Dar and Acacia, Banque Misr, Alameda, Siemens Healthineers
The USD 2.2 bn project includes a 500k cbm/day desalination plant and a 75-km water pipeline
Nashwa Kamel appointed CEO of e-Cards
Kamel was head of bank operations at Credit Agricole Egypt for the past 20 years
Regulators just greenlit Egypt’s first ever gold investment fund. PLUS: Data center upgrade, new Sawari tech fund, oil + gas exploration.
Gold prices have surged 60% this year on ongoing economic uncertainty
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