Taipei 360° MOBILITY trade show concludes, expects over $338m in business opportunities
Taipei – A four-day 360° MOBILITY exhibition in Taipei concluded on Friday with expectations of generating more than $338m in follow-on business opportunities following 815 one-on-one procurement meetings with international buyers, the Taiwan External Trade Development Council (TAITRA) said. The
Egypt’s EPROM reports record EGP 1.586bn profit in 2025 amid international expansion
The Egyptian Projects Operation and Maintenance (EPROM) recorded the highest net profit in its history at EGP 1.586bn for 2025, marking a 44% increase from EGP 1.096bn the previous year, as the company expanded operations into Nigeria and Iraq, the
Egypt, Eritrea move to deepen industrial, investment cooperation
Egypt’s Minister of Industry, Khaled Hashem, held talks with Hagos Gebrehiwet, Economic Adviser to the Eritrean President, and Nasr El-Din Saleh, Eritrea’s Minister of Trade and Industry, to explore avenues for strengthening bilateral cooperation in industry and joint investment. Hashem
Sakr to invest EGP 940m in three projects at Sokhna Industrial Zone
Waleid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), witnessed the signing of contracts for three new projects by Sakr for Electronics and Energy (SDC Investment Fund) within the MDC industrial developer’s zone in the integrated Sokhna Industrial
FRA chief pushes responsible pricing to boost SME financing confidence
Islam Azzam, Chairperson of the Financial Regulatory Authority (FRA), convened an expanded meeting with representatives of companies financing micro, small, and medium enterprises (MSMEs), reinforcing the authority’s commitment to open dialogue and sector development. The discussions centered on operational and
IBF & COMPANY invests in Techno Metal to strengthen industrial portfolio
IBF & COMPANY, an investment and strategic advisory firm focused on growth-stage companies, has completed a strategic equity investment in Techno Metal, an Egyptian provider of industrial storage solutions and metal racking systems. The transaction forms part of IBF &
Startup Sync facilitates Edafa Venture’s six-figure acquisition of Cyclex to boost Egypt’s circular economy
Startup Sync, the entrepreneurship platform active in Egypt and Saudi Arabia, has successfully facilitated the acquisition of Egyptian recycling startup Cyclex by Edafa Venture, a leading venture capital firm in both markets. Cyclex specializes in recycling non-hazardous solid waste and
Egypt–Saudi partnership launches EGP 2bn entertainment investment platform in Egypt
PMaestro has announced a strategic partnership with Saudi Arabia’s Safari Group, the regional franchise rights holder of global brand Chuck E. Cheese, to establish a large-scale investment and operational platform in Egypt’s entertainment sector. Valued at approximately EGP 2bn, the
Egypt explores expanding climate finance in partnership with banking sector
Egypt’s Ministry of Local Development and Environment is stepping up efforts to expand climate finance and support sustainability-focused projects in cooperation with the banking sector, as part of advancing the country’s Vision 2030 and addressing mounting climate challenges. In a
Egypt signs deal to deploy AI-powered drones for environmental monitoring
Egypt’s Ministry of Local Development and Environment has signed a cooperation agreement with Drone Tech to deploy a smart aerial monitoring system using drones powered by artificial intelligence and geospatial analysis, as part of efforts to modernise oversight and improve