Tags Result

UGREEN enters Egyptian market with $5M investment

Blooms Group has officially launched UGREEN, the global leader in electronics, mobile accessories, and advanced charging solutions, in the Egyptian market with an investment of $5 million.

Updated 2/3/2025 8:37:00 AM
Kuwaiti Al Mulla Group in talks with Mitsubishi for car manufacturing in Egypt

Kuwait’s Al Mulla Group is negotiating with Mitsubishi International Corporation (MIC) to manufacture cars in Egypt.

Updated 2/3/2025 7:50:00 AM
Earth Development begins operations in Egypt with EGP 30B investments

Earth Development has announced the launch of its operations in Egypt, bringing over 15 years of experience from Saudi Arabia’s Al-Zawka Construction Company.

Updated 2/3/2025 1:02:00 AM
RMBV to invest $100M in Egypt during 2025

RMBV, a Netherlands-based private equity firm, is planning to invest $100 million in Egypt this year through acquiring 20% to 40% stakes in four to five companies

Updated 2/2/2025 4:14:00 AM
Passenger Car Sales Surge

Updated 1/9/2025 3:31:00 PM
WiFi calling service to launch in Egypt this week

WiFi calling services, which allow users to make voice calls over internet connections instead of traditional mobile networks, will become available in the Egyptian market by next week.

Updated 12/24/2024 8:24:00 AM
Unionaire plans $500M investment in Egypt by 2025

Unionaire intends to increase its investments in Egypt to $500 million in 2025, a significant increase from the $300 million invested in 2024.

Updated 12/22/2024 3:32:00 AM
Egypt’s car sales rise by 12.02% YoY in 10 months

Car sales in Egypt increased by 12.02% during the first 10 months of 2024, with total sales reaching approximately 78,400 vehicles, compared to 70,010 in the same period of 2023, according to a report by the Automotive Market Information Council (AMIC).

Updated 12/10/2024 9:22:00 AM
Gold prices in Egypt expected to rise by 4% by end-2024: official

Gold prices in the Egyptian market are forecast to go up by 4% by the end of 2024.

Updated 12/8/2024 12:02:00 PM
Nissan Egypt signs investment contract to manufacture 3rd model locally

Nissan Egypt has signed an investment contract to locally manufacture a third model at its factory in Egypt.

Updated 12/4/2024 11:56:00 AM
Cabinet approves vision to regulate Egypt’s automotive market by 2025

The Egyptian cabinet has approved a proposed vision by the Ministry of Investment and Foreign Trade to regulate the automotive market by 2025.

Updated 12/4/2024 3:19:00 AM
Egypt's voluntary carbon market sees 14 projects registered

A total of 14 projects have been registered in Egypt's voluntary carbon market, Chairman of the Egyptian Financial Regulatory Authority (FRA) Mohamed Farid announced during a meeting with Prime Minister Mostafa Madbouly.

Updated 9/18/2024 4:05:00 AM
Egypt targets presence of 4 global smartphone producers

Egypt is currently targeting the presence of four global smartphone producers in the local market, Prime Minister Mostafa Madbouly announced during his inspection tour at the 10th of Ramadan factories on May 11th.

Updated 5/12/2024 3:01:00 AM
FTSE Russell puts Egypt on reclassification watchlist

FTSE Russell has decided to keep Egypt on the watchlist amidst concerns over a potential downgrade from its emerging-market status to unclassified status.

Updated 3/28/2024 8:51:00 AM
Signify launches new Ecolink products in Egyptian market

The Dutch lighting corporation Signify has launched its latest multi-purpose Ecolink products in the Egyptian market at competitive prices

Updated 12/19/2023 12:35:00 PM
EFG Holding targets EGP 4B investments in Egypt during 2023

EFG Holding (HRHO) is planning to invest EGP 4 billion in the Egyptian market this year, according to Head of Private Equity Department at EFG Holding Samer Yassa.

Updated 7/11/2023 5:14:00 AM
China’s Vivo officially starts smartphone manufacturing in Egypt

Chinese smartphone manufacturer Vivo has officially started manufacturing and rolling out its devices in the Egyptian market via its factory in 10th of Ramadan City

Updated 6/12/2023 8:14:00 AM