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Real estate player Tabarak Holding to IPO on the EGX by 2H 2025
The company is soon to sign final agreements with NUCA to launch its 800-acre New Sphinx project
Elsewedy Electric partners with Siemens to develop USD 800 mn power plant in Saudi Arabia
The move comes as more and more Egyptian firms bring their expertise to bear in the Saudi market
No more power cuts, more investments, and more from Madbouly’s latest presser
Our natural gas output will return to normal levels before June 2025
Turkey’s Beko has officially set up shop in Egypt with new USD 100 mn factory. PLUS: SEIC + Abu Qir Fertilizers, Beko, EgyptAlum, Zilla Capital, City Lab + Cairo Clinical Lab
Beko is among a number of companies that have received golden licenses to operate in Egypt
Madbouly’s investment charm offensive in Riyadh continues to dominate the talk show circuit
The day was capped off by Saudi Crown Prince Mohammed bin Salman’s directive that the PIF inject USD 5 bn…
Mohammed bin Salman tells PIF to pump USD 5 bn in investments into Egypt in “first phase”
Details on the kinds of investments to be targeted remained sparse
New tax measures set to be announced today were the talk of the town last night
Egypt-Saudi relations also got some coverage
T&C Garments readies investments to up production 30% 2026. PLUS: Madinet Masr, Urban Development Fund, ZeroCarbon, ERG Development
The investments will go towards adding new production lines, as well as replacing and restoring older machines
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