Year: 2016

Abraj Misr pays EGP 600m out of total EGP 800m for The Gate’s land

A number of bank financing offers for the project are being studied;…

Daily News Egypt

Ryanair profits rise, but Brexit a headache

Irish airline Ryanair has reported a decent rise in first-quarter profits not…

Deutsche Welle

Burj Global develops New Cairo residential project, invests $70m

The project is situated on an area of 35 acres, says chairperson

Shaimaa Al-Aees

Yahoo reported near deal to sell core assets

Internet pioneer Yahoo appears close to a deal to sell its core…

Deutsche Welle

Georgia offers 5 real estate, tourist projects to Egypt investors

Georgia calls for housing investments in luxury, middle, and low-income housing, says…

Shaimaa Al-Aees

Rio Athletes Village ‘not ready’ as Olympians move in

The head of the Australian Olympic team has described blocked toilets and…

Deutsche Welle

60% of EIB investment in MENA region directed to Egypt in 2015-2016: chief economist

Among other ventures planned for the near future, the European Investment Bank…

Shaimaa Al-Aees

Mauritania hosts Arab League summit amid tension and Al-Sisi’s absence

In the ministerial meeting ahead of the summit, Shoukry passed authority of…

Toqa Ezzidin

Egyptian renewable energy disinvestment over price and arbitration disagreements

The government’s plans to develop renewable energy is to blame for mismanagement…

Nicholas Mehling

DPI acquires 33.3% of B.TECH, worth $35m

EFG Hermes acted as an advisor to the deal between DPI and…

Adel M. Fakhry