
$72m total investment acquired by Careem since inauguration
Around 15 females work with Careem as captains in its Egyptian fleet
249 Articles
Around 15 females work with Careem as captains in its Egyptian fleet
Company acquired 22.75% in the North Alexandria concession as well as 2.75% in West Mediterranean Concession
Figure compares to 8.5% registered in the same period the preceding year
500,000 inhabitants in 79 villages in Kafr El-Sheikh to benefit from the project
EU’s contribution to programme will help establish 1,200 community schools in “disadvantaged” Egyptian governorates
Cairo based Meivo International sells 51% of its stake to Saudi SPIMACO
The 20-year usufruct system hinders idea of establishing New Car City, says businessman
Several investment plans by Nissan are on hold due to foreseen risks, says Nissan GM
Two IPOs to be launched in pharmaceuticals and construction sectors by mid 2016
“If I were planning a vacation, Egypt would not be on my list,” says Nigerian journalist
Mobile clinic serves 1,000 patients a month in poverty-stricken community
Philips is working on converting old street lighting in Cairo to LED and HID technologies
We are in discussions in Egypt about manufacturing consumer products with local private companies, says JJ Van Douneng
Dolphinus’ is expected to receive 4 BCM of gas per year over 10-15 years with final agreement
Qabil to meet with officials from Russia and the UAE to outline works of the fund and agree on amount of capital
IFC’s contribution to energy sector aided in raising the region’s capacity with an excess of 10,000 GW
Last week CBE issued $1bn as part of bank’s plan to flood the market with a total of $4bn to meet the requests for foreign currency in import contracts
Facility will be used to import gas turbines and other related equipment supplied by General Electric
China Petroleum Corporation is looking for a local partner in the public sector to pursue investment plan
12 contracts signed in pipeline sector
1.5m acres reclamation project on top of government agenda
Project is expected to begin operations by end of 2016 and to reach full capacity by mid-2018
Abraaj Group is a lead investor in the new deal for the application-based car service provider
Splitting up the group, paying back securitisation deal main/temporary reasons behind decline in profits, says Investor Relations Manager
Group sales reached approximately EGP 5.177bn, exceeding group’s objective of EGP 4.68bn
An independent commission was formed in Egypt to eliminate all types of discrimination against women
Growth was primarily driven by a strong boost in revenues that reached EGP 668m
A national leasing company can harm rather than support the leasing sector, says investment minister
We’re still at the tip of the ice berg; there are various opportunities in the sector, says Executive Chairman at EFG Hermes Leasing
World Bank highly considers giving $3bn loan to support budget, the first since 25 January Revolution