The Spine: A practical application of special investment zones in Egypt
“The Spine” project has officially entered the implementation phase, marking its territory as one of the largest mixed-use developments in the country’s history. At its core, the project is rooted in the concept of a Special Investment Zone, aligning with
Egypt expands mental health services nationwide through new initiative
Egypt’s Ministry of Health has launched new clinics under the presidential “Your Health is Happiness” initiative to expand mental health services and further integrate psychological care into the public healthcare system. Speaking at the launch event, held in partnership with
Egypt discusses new Alexandria hospital project with Greek Orthodox Patriarchate
Egypt’s Ministry of Health has discussed plans with the Greek Orthodox Patriarchate of Alexandria to establish a new hospital attached to the Patriarchate’s headquarters in Alexandria, as part of efforts to expand healthcare services and strengthen community partnerships. In a
Slower monetary easing to support banks’ profitability: HC
The research department of HC Securities & Investment has released its latest evaluation of Commercial International Bank stock (COMI), projecting that Egypt’s banking sector profitability will benefit from a slower monetary easing cycle and a lower required reserve ratio (RRR).
The Facility Investing for Employment launches a New Call for Proposals in Egypt
©️ KfW Bildarchiv / photothek.net The Facility Investing for Employment has launched a competition round in Egypt. Companies as well as public and non-profit organisations can apply for co-financing grants. To be eligible for a grant, investment projects must create
Egypt’s IDA streamlines rules for changing, expanding industrial activities
Egypt’s Industrial Development Authority (IDA) has introduced a new set of streamlined regulations allowing manufacturers to change or add industrial activities within approved industrial zones, in a move aimed at reducing administrative burdens and accelerating licensing procedures. Under the updated
Egypt eyes broader partnership with IsDB: Planning Minister
Ahmed Rostom, Minister of Planning and Economic Development and Egypt’s Governor at the Islamic Development Bank Group (IsDB), held talks with Nour El-Din Mabrouk, Director of the Bank’s Regional Hub in Cairo, and his delegation to explore frameworks for future
Contact Financial Holding appoints Manal Abdel Razek as chairperson
Contact Financial Holding announced on Wednesday the appointment of Manal Abdel Razek as Chairperson of its Board of Directors, effective 28 April, succeeding Hazem Moussa. Abdel Razek brings more than three decades of leadership experience across Egypt’s financial services sector,
GE Vernova wins order for power plant upgrades, long-term services in Egypt
GE Vernova announced on Wednesday that it has secured an order from Middle Delta Electricity Production Company (MDEPC), an affiliate of Egyptian Electricity Holding Company (EEHC), to carry out upgrade and service projects at the Banha and Nubaria power plants.
Catalyst Partners Middle East moves ahead with plan to acquire controlling stake in EIH Consulting
Catalyst Partners Middle East (CPME), Egypt’s first special purpose acquisition company (SPAC), has announced that its board has granted in-principle approval to proceed with the acquisition of a controlling stake, potentially up to 100%, in EIH Consulting and its subsidiaries.