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E-commerce logistics services platform SIDEUP expands to Oman

SIDEUP, an e-commerce logistics services platform, has announced its entry into the Omani market, marking a significant step in its Middle East expansion strategy.

Updated 1/23/2025 8:03:00 AM
MDP expands into Libya with North African Bank migration

Masria Digital Payments (MDP), Africa's largest payment provider, has completed the migration of North African Bank’s card processing systems, marking its entry into the Libyan market.

Updated 1/22/2025 11:50:00 AM
Paymob, Homzmart expand partnership to support digital transformation in furniture retail sector

Paymob, a financial services enabler in the MENA region, and Homzmart, Egypt's e-commerce platform for furniture, have signed a memorandum of understanding (MoU) to expand their strategic partnership.

Updated 11/28/2024 9:45:00 AM
DHL Express Egypt plans for EGP 500M in investment in 2025

DHL Express Egypt is seeking to invest between EGP 400 million and EGP 500 million in 2025 as part of its expansion strategy.

Updated 11/26/2024 7:57:00 AM
Giza Spinning and Weaving to invest $15M in expansion with 5 new factories

Giza Spinning and Weaving is planning to establish five new factories over the next five years, with an investment of $15 million.

Updated 11/26/2024 7:53:00 AM
Bonyan for Development to raise capital to EGP 1.6B for expansion projects

Bonyan for Development and Trade, a subsidiary of Compass Capital, is planning to raise its capital by EGP 416 million to EGP 1.6 billion for new expansions.

Updated 11/5/2024 11:21:00 AM
El-Khatib reviews Sumitomo’s projects in Egypt

The Minister of Investment and Foreign Trade Hassan El-Khatib has met with a delegation from Sumitomo Electric-Egypt to review its investment projects in Egypt.

Updated 10/30/2024 8:35:00 AM
El-Khatib reviews P&G Egypt’s ongoing projects, expansion plans

The Minister of Investment and Foreign Trade Hassan El-Khatib has met with a delegation from Procter & Gamble Egypt (P&G Egypt) to review the firm’s ongoing projects in Egypt.

Updated 10/29/2024 1:19:00 AM
Minister of Investment meets with Mercedes-Benz Egypt to discuss expansion plans

Egypt's Minister of Investment and Foreign Trade Hassan El Khatib held a comprehensive meeting with a delegation from Mercedes-Benz Egypt, led by CEO Stephanie Voltz, to discuss the company's ongoing projects and future expansion plans within the Egyptian market.

Updated 10/24/2024 7:42:00 AM
Helios Investment eyes stakes in 3 Egyptian companies

Helios Investment Partners, a leading private equity firm focused on the African market, is considering acquiring stakes in three Egyptian companies as part of its ongoing expansion strategy.

Updated 10/23/2024 9:08:00 AM
Raya Information Technology secures EGP 1.2B in credit facilities from Suez Canal Bank

Raya Information Technology, a subsidiary of Raya Holding for Financial Investments, has signed a cooperation protocol with Suez Canal Bank to receive credit facilities totaling EGP 1.2 billion

Updated 10/10/2024 10:45:00 AM
PaySky seeks to expand in Saudi market in Q1 2025

The payment solutions provider PaySky is planning to expand in the Saudi market within the first quarter (Q1) of 2025 via its Yalla app.

Updated 10/9/2024 10:07:00 AM
Kraft Heinz expands Cairo factory to boost production, exports

Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel El-Wazir has inaugurated the new expansions of the Cairo Food Industries Factory (Kraft Heinz) in the 6th of October City.

Updated 9/29/2024 6:54:00 AM
Mansour Automotive to invest $100M in Egypt over 4 years

Mansour Automotive, the official General Motors (GM) dealer in Egypt, is planning to inject over $100 million in new investments into the Egyptian market over the next four years.

Updated 9/29/2024 6:19:00 AM
Tatweer Misr eyes securing up to EGP 3B bank funding

The Egyptian real estate company Tatweer Misr is planning to secure bank loans ranging from EGP 2 to EGP 3 billion over the coming period.

Updated 9/25/2024 1:13:00 PM
AstraZeneca to pump $50M into new investments in Egypt

AstraZeneca Egypt is planning to inject $50 million into new investments in Egypt, equivalent to nearly 50% of the company’s capital.

Updated 9/22/2024 9:45:00 AM
CFC Mall expands to meet changing customer needs

Cairo Festival City Mall, owned by Al-Futtaim Real Estate, is expanding its range of stores to better serve the needs of its customers.

Updated 9/19/2024 7:00:00 PM
Petronas explores expanding investment in Egypt

Egypt's Minister of Petroleum and Mineral Resources Karim Badawi met with Chief Operating Officer of Malaysia's Petronas Group Adnan Zainal Abidin to discuss the company’s current and future investments in Egypt.

Updated 9/19/2024 7:50:00 AM
Mountain View to make debut in Saudi Arabia before end-2024

Mountain View for Real Estate Development and Investment is planning to begin its operations in Saudi Arabia before the end of this year.

Updated 9/17/2024 8:47:00 AM
Investment Minister discusses Samsung Electronics' investments, expansion plans in Egypt

The Minister of Investment and Foreign Trade Hassan El Khatib met with Head of Samsung Electronics’ factory in Beni Suef Jun Su Jung and his accompanying delegation to review the company’s current investments and expansion plans in the Egyptian market.

Updated 8/27/2024 10:28:00 AM