Arabian Gulf Business Insight on MSN

Chinese company to build $2bn tire factory in Egypt

China’s Shandong Linglong Tire Co. intends to invest nearly $2 billion to build a car tire factory in Egypt, with most of its output to be exported to the Gulf countries and the US. Shandong Linglong, ...
Egypt plans to focus on tourism in the coming years and attract even more vacationers. Several mega-projects are planned for this purpose, with the latest one recently launched. Currently, three ...
African Mining Week (AMW) to Spotlight Opportunities in Egypt Amid National Exploration and Beneficiation Drive ...
The financing supports a major industrial development intended to expand sustainable fuel capacity across the Middle East and Africa . QNB finances major sustainable aviation fuel project in Egypt .
ACWA Power, a Saudi Arabian developer, investor and operator of power generation and desalinated water plants in 13 markets, has finalized the project agreements for the 200 MW Kom Ombo PV plant in ...
Norwegian developer Scatec ASA has signed a 25-year power purchase agreement (PPA) for a 1 GW solar array and 100 MW/200 MWh battery storage project in Egypt. CEO Terje Pilskog says it is Egypt’s ...
Backed by Talaat Moustafa Group, the development aims to fuse digital twin infrastructure, edge AI and data-driven economic planning to create a scalable smart city model ...
Minister of Industry Khaled Hashem discussed with representatives from Egypt Amun Green Ammonia (EAGA); a consortium that ...
The International Monetary Fund (IMF), in its fifth and sixth reviews of the Egyptian economy, projected that tourism revenues would reach approximately $28.2 billion in fiscal year 2029-2030, around ...
CAIRO, Feb 22 (Reuters) - Egypt's cabinet on Thursday approved a major investment project with foreign participation that will increase foreign currency inflows, Prime Minister Mostafa Madbouly said ...