Egypt

Egypt, Energy
Egypt will build a $7 billion petrochemical complex in New Alamein with a group led by Shared Capital Partners

Egypt will build a $7 billion petrochemical complex in New Alamein with a group led by Shared Capital Partners A group of…

Egypt, Financial, Investment, Real Estate
Egyptian real estate company SODIC reports an 84% increase in yearly net profit, reaching $50.3 million after tax

Egyptian real estate company SODIC reports an 84% increase in yearly net profit, reaching $50.3 million after tax Egypt's Sixth of October…

Egypt, Energy, Financial, Oman, UAE
Dana Gas reports a 5.6% drop in net profit to $151 million for 2024 due to a one-time impairment charge

Dana Gas reports a 5.6% drop in net profit to $151 million for 2024 due to a one-time impairment charge UAE-based energy…

Business, Economy, Egypt
Egypt’s non-oil private sector grew in January due to an increase in production and sales

Egypt's non-oil private sector grew in January due to an increase in production and sales Egypt's private businesses (excluding oil) grew well…

Egypt, Saudi Arabia
Egyptian startup Simplex has raised $13 million to build a CNC factory in Saudi Arabia

Egyptian startup Simplex has raised $13 million to build a CNC factory in Saudi Arabia The Egyptian startup Simplex, which makes CNC…

Economy, Egypt, Food
Egypt’s yearly inflation decreased to 23.4% in December because food prices fell

Egypt's yearly inflation decreased to 23.4% in December because food prices fell Egypt's inflation rate dropped to 23.4% in December, down from…

Economy, Egypt
Egypt is expected to get a $1.2 billion loan from the IMF in January, according to a report

Egypt is expected to get a $1.2 billion loan from the IMF in January, according to a report Egypt will get $1.2…

Business, Egypt, Saudi Arabia, UAE
The Middle East’s Tech Boom: Startups to Watch

The Middle East's Tech Boom: Startups to Watch The Middle East is undergoing a remarkable transformation as it emerges as a hub…

Egypt, Stock Markets
Cairo-based Premium has successfully completed a $7.9 million bond issuance with advice from EFG Hermes

Cairo-based Premium has successfully completed a $7.9 million bond issuance with advice from EFG Hermes Premium International for Credit Services, based in…

Abu Dhabi, Business, Dubai, Egypt, Saudi Arabia, Technology, UAE
Main Takeaways from MENA’s Funding Scene

Main Takeaways from MENA's Funding Scene In the first nine months of 2024, total funding in the region’s venture capital market dropped…

Egypt, Energy, Saudi Arabia
Saudi ACWA Power Secures $700M Loan for Suez Wind Farm Project

Saudi ACWA Power Secures $700M Loan for Suez Wind Farm Project Saudi Arabia's utility company ACWA Power has signed a $700 million…

Dubai, Economy, Egypt, Financial, Technology
Hassan Heikal: Local Public Debt Poses the Greatest Risk to Egypt’s Economy

Hassan Heikal: Local Public Debt Poses the Greatest Risk to Egypt's Economy Egyptian businessman Hassan Heikal warned that Egypt's local public debt,…