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NORTH AFRICA
Hospitality
SODIC, Nobu unveils 3rd venture in Egypt
North Africa
Egypt approves establishing special free zone Ras al-Hikma
Equities
Arab Cotton Ginning’s consolidated profit leaps 371% YoY in H1-23/24
Manufacturing
Sipchem to suspend 3 plants for scheduled maintenance
Energy
Egypt in talks with Norway’s Hoegh LNG for regasification unit rental
Energy
Egypt seeks to scale up crude oil production by 9% in FY2024/25
Professional Services
Tunisia: Digitisation of RNE services to reach 90% by mid-2025
Aviation
Tunisian Government determined to promote aeronautics industry
North Africa
Tunisia: National economy expected to recover in 2024
North Africa
Egyptian exporters advocate for two-year tax exemption
Real Estate
Arab Developers eyes $145.6mln contracted sales in 2024
North Africa
Goldman Sachs expects Egypt to lower interest rates by 200 bps
North Africa
Egypt: Al Ahly Sabbour eyes $104mln loans for developing 2 projects
Banking & Insurance
Tunisia: BNA Bank sees net banking income up 7.5% end-March 2024
North Africa
Egypt seeks 4.2% economic growth in FY24/25 – El-Said
Utilities
Algeria awards new 80MW solar power project
Energy
Egypt: SCZONE signs $297mln contract with Chinese XinFeng for iron products project in Sokhna Industrial Zone
Energy
Egypt to ramp up LNG imports as output drops and summer nears
North Africa
Egypt seeks 4.2% economic growth in FY24/25
Energy
20 private firms eye P2P renewable energy projects in Egypt
Energy
Egypt to import 3 LNG shipments monthly at $120mln each
North Africa
Egypt to receive $400mln from UK in budget support
Oil & Gas
Morocco plans to build LNG regasification terminals
North Africa
Egypt central bank's net foreign deficit shrinks sharply
North Africa
Egypt: Price cut on unsubsidized bread starting April 21st
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