Qatar seeks to buy 30% of Egypt’s Hotels Holding at $750m
Initial agreement to be signed within a month: Sources
African delegation meets Putin over initiative to resolve Ukraine crisis
The African delegation included the Presidents of South Africa, Senegal, the Comoros, and Zambia, and the Egyptian Prime Minister Mostafa Madbouly as well as representatives of Uganda and the Republic of the Congo
Talaat Moustafa Group on Forbes’ Egypt’s Top 50 Listed Companies 2023
As the largest listed real estate company in Egypt, Talaat Moustafa Group currently has a land bank of 74 million square meters
inDrive strengthens B2B segment through acquisition of Master Delivery
inDrive, a global mobility and urban services platform, is strengthening its B2B segment by introducing new solutions in “inDrive.Freight” and “inDrive.Couriers” delivery verticals. inDrive will broaden its offering through expanding…
Egypt’s petrochemical sector offers 437 investment opportunities
The Chemical and Fertilizers Export Council said that there are approximately 437 investment opportunities in the petrochemical industry sector, according to Egypt’s investment map. The council added that registered chemical…
Egypt inaugurates MEA’s first sugar cane seedling breeding station in Aswan
The Minister of Agriculture, the Governor of Aswan, and the Head of the Upper Egypt Development Authority inspected the first station for producing sugar cane seedlings in the Middle East…
Egypt works on boosting trade relations at St. Petersburg International Economic Forum
Egypt’s Minister of Trade and Industry Ahmed Samir has held meetings on the sidelines of his participation in the activities of the St. Petersburg International Economic Forum in its 26th…
Optimism about greater increase in MOPCO’s profits drives jumps in its stock price
The stock price of Misr Fertilizer Production Company (MOPCO) increased 1.5x to about EGP 248 over eight trading sessions, before it declined in two consecutive sessions at the end of…
La Mancha invests $100m in acquisition of two nickel and copper mines in Brazil
The Luxembourg-based La Mancha Fund has announced an investment of $100m through one of its arms in support of ACG Electric Metals' acquisition of the Atlantic Nickel and Mineraçao Vale…
Egyptian Golf League 2023 finals start in Madinaty with participation of 10 clubs
The tournament features 80 players representing the top 10 golf clubs in Egypt, including Madinaty, Sporting Club, Gezira Sports Club, Palm Hills, New Giza, Allegria, Sokhna, and Dreamland.