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Trade and Industry Ministry launches industrial investment map
The Trade and Industry Ministry launched its investment map of some 4,136 projectsup for grabs in eight sectors at a…
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Bavarian Automotive to invest EUR 3 mn in BMW assembly line
Bavarian Automotive is going to invest EUR 3 mn in its Sixth of October plant to assemble BMW cars, Al…
EFG Hermes partners with Philips Egypt on healthcare leasing solutions
EFG Hermes Leasing has entered into a cooperation agreement with Philips Egypt to provide tailored leasing solutions for healthcare professionals…
BPE Partners closes on three plants with combined 130 MW production capacity in Benban, OC consortium to develop a USD 400 mn 250 MW wind Farm in Ras Ghareb
The push for renewables continues: Our friends at BPE Partners announced yesterday (pdf) that it reached financial close alongside Egypt’s…
TCV closes second growth capital transaction in Misr Food Investment
INVESTMENT WATCH- TCV closes second growth capital transaction in food additives provider Misr Food Investment: Egypt’s TCV (formerly Tanmiya Capital…
Elaj reportedly acquires 15% stake in International Eye Hospital
M&A WATCH- Saudi’s Elaj Group is on a tear. Fresh off its acquisition of 74% of clinical laboratory group Cairo…
Egypt seeing broad-based growth, Neom to benefit the whole region -IMF
Egypt is now seeing a “‘broad-based,’ recovery across industries, a sign that reform measures such as floating the currency are…
Egypt drops to 128 on the WBG Doing Business report
Really, WBG? It’s like that? Egypt dropped six places in the World Bank Group’s (WBG) Doing Business report 2018 (pdf)…
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