Abu Dhabi’s sovereign wealth fund ADQ is buying state-held stakes in Egyptian fertilizer and cargo companies as …
"Sovereign Fund of Egypt"
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BanksFeatureFinancial InstitutionsMoney
ADQ to buy stakes in CIB, Fawry, other Egyptian bourse-listed firms: Bloomberg
Abu Dhabi’s sovereign wealth fund ADQ agreed with Egyptian authorities to invest around $2 billion by buying …
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Egypt’s central bank will raise key interest rates in its upcoming 24 March monetary policy meeting, said …
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Egypt NewsFeatureIndustry & TradeNewsTech/AI
Scatec signs deal to build $5 billion green ammonia facility in Egypt
Norwegian renewable energy producer Scatec has on Thursday signed a memorandum of understanding to develop a green …
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Egypt’s state-run Abu Qir Fertilizers and Chemicals Industries said on Wednesday it is studying a project to …
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Egypt NewsFeatureIndustry & TradeNewsTech/AI
Saudi Arabia’s Sary acquires Egypt’s B2B platform Mowarrid
by Hatem Askerby Hatem AskerSaudi Arabia-based B2B e-commerce platform Sary has acquired Egyptian B2B marketplace Mowarrid for an undisclosed amount, the …
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Egypt has named six international banks, including Citigroup and HSBC Holdings, to manage its first sale of …
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FeatureIndustry & TradeTech/AI
Germany’s H2 Industries plans to launch $3 billion waste-to-hydrogen plant in Egypt
German energy firm H2 Industries will be investing $3 billion to establish a waste-to-hydrogen plant in East …
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Egypt NewsFeatureIndustry & TradeNewsTech/AI
Egypt to open first green hydrogen plant in November 2022 – official
Egypt plans to launch its first green hydrogen plant in November 2022 to coincide with its hosting …
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Egypt NewsFeatureIndustry & TradeNewsTech/AI
Orascom Construction joins consortium to develop Egypt’s first green hydrogen production facility
Orascom Construction announced on Wednesday it had joined a consortium with Fertiglobe, Scatec and the Sovereign Fund …