Raya Foods secures $40m investment from Helios to boost expansion
Raya Holding for Financial Investments has announced securing an investment of approximately $40m from Helios Investment Partners, Africa’s largest investment fund which manages around $37.5bn in assets, into Raya Foods. Through this investment, Helios will acquire 49% of Raya Foods’
No garage, no driveway, no problem: itselectric is bringing curbside EV charging to the US
itselectric establishes best practices for curbside EV chargers. Q&A with itselectric co-founder and CEO Nathan King. For the last few years, the EV industry has been agonizing over the
Al-Sisi calls for enhanced economic cooperation at BRICS Business Forum
Egyptian President Abdel Fattah Al-Sisi delivered a recorded address to the BRICS Business Forum on Friday, emphasizing the importance of economic cooperation and investment among member countries. “This forum is being held at a time when the world is witnessing
Egypt, UK strengthen ties, discuss investment, climate action
Egypt’s Minister of Planning and Economic Development, Rania Al-Mashat, welcomed Hamish Falconer, Parliamentary Under-Secretary of State (Middle East, North Africa, Afghanistan and Pakistan) at the Foreign, Commonwealth and Development Office of the United Kingdom, on his first visit to Egypt.
3rd Edition of “CEO Women” Conference to Address Future of Healthcare Investment, Gathering 300 CEOs from 30 Arab and African Nations
The third annual CEO Women conference, organized by ON AIR GROUP in strategic partnership with the Health Care Authority, will commence, under the patronage of Prime Minister Mostafa Madbouly. The conference will delve into the interconnection between public health
SCZONE, ‘Ebda’ cooperate to boost investment, industry localisation
Walid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZONE), and Amani Eid, the head of the National Initiative for Developing Egyptian Industry “Ebda” (Start), signed a cooperation protocol to support investment and localise industry. Under the protocol, the
Government attracts more investment, fosters private sector’s role: El-Khatib
Hassan El-Khatib, Minister of Investment and Foreign Trade, said that the government is working to attract more investments and foster the role of the private sector as a major engine of innovation and economic growth. He added that the private
Swiss Barry Callebaut to establish $30m factory in Egypt
Yasser Abbas, Deputy CEO of the General Authority for Investment and Free Zones (GAFI), met with a delegation from the Swiss company Barry Callebaut, led by Vamsi Mohan, Regional Head for Asia, Africa, and the Middle East, to discuss the
SCZone Chairperson promotes zone’s investment opportunities in Marseille
Walid Gamal El-Din, Chairperson of the Suez Canal Economic Zone (SCZone), recently participated in a promotional tour in Marseille, France, seeking to attract French investment to the SCZone. Gamal El-Din participated in a session titled “Business Climate in Egypt: Challenges,
Volvo CE expands Swedish facility for electric wheel loader production – Charged EVs
Volvo CE, the Swedish automaker’s construction equipment subsidiary, has inaugurated a new facility to support the production of electric wheel loaders at its plant in Arvika, Sweden. The building