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Egypt signs green energy agreements
Egypt has signed major agreements with international companies to produce green energy in the Suez Canal Economic Zone (SCZone) in…
SFE sub-funds for state-owned stake sales?
The Sovereign Fund of Egypt (SFE) could launch a sub-fund responsible for managing the sale of state-owned companies on the…
SFE plans two investments in financial inclusion + NBFS sectors
SFE to invest in NBFS + financial inclusion companies: The Sovereign Fund of Egypt (SFE) is planning to invest in…
THIS EVENING: ADQ eyes listed + unlisted stake purchases; Saudi’s PIF could snag Al Wataniya + Siemens power plant stakes. Plus: Shoukry joins Arab League diplomacy push in Russia
Good afternoon, ladies and gentlemen. We thought we were doing well during Ramadan without incessant caffeinating, but we also just…
Contact + Nawy sign EGP 1 bn financing agreement + Med wealth funds launch a colab
Contact + Nawy sign EGP 1 bn financing agreement: Contact Financial’s real estate finance subsidiary will lend EGP 1 bn…
Scatec inks Ain Sokhna green hydrogen pact with SFE and OC
Welcome to our much greener future: The Sovereign Fund of Egypt (SFE), Norway’s Scatec, Nassef Sawiris-backed ammonia producer Fertiglobe and…
ACWA Power in advanced talks with SFE over wind farm in Gulf of Suez
ACWA Power in talks over c. 250 MW wind farm: Saudi renewables company ACWA Power is in advanced talks with…
NERIC eyes production of electric locomotives by end of 2022
NERIC to begin electric locomotive production by year-end: The National Egyptian Railway Industries Company (NERIC) will begin manufacturing electric locomotives…
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