Al Sedek Real Estate intends not to increase projects’ prices

Company invests EGP 600m in real estate sector

Shaimaa Al-Aees

Mountain View establishes solar energy plant in Mountain View North Coast

Soliman said in press statement on Wednesday that the project is located on an area of about 6,700 sqm in the service area in the compound.

Shaimaa Al-Aees

ACUD allocates lands to 12 companies in R8 in New Administrative Capital

Company launches competition to choose name, logo for NAC

Shaimaa Al-Aees

City Centre Almaza hands over possession to retailers, confirming September 2019 opening is firmly on track

On track to open its doors to the public on September 30 this year, City Centre Almaza features 103,000 square metres of unique retail space, dining outlets and exciting lifestyle…

Daily News Egypt

Ebtikar increases stake in e-payments firm Masary to 45.8%

The statement indicates that the deal was worth EGP 42m, accordingly, it will increase MM Group’s stake in Masary to 35% from 29%.

Daily News Egypt

Egypt, EU agree on €110m projects for 2020 in energy, water, trade, investment and local development sectors

The projects, worth €110m come as part of the €500 Single Support Framework (SSF) for EU to Egypt 2017-2020. 

Daily News Egypt

Danish investment funds actively eying new opportunities in Egypt

Companies injected $1bn in new investments in 3 years, says Danish ambassador

Hagar Omran

Dice agrees with CIB, QNB, Attijariwafa, EALB to borrow EGP 90m

The purpose of the borrowing is to finance the acquisition deal over Cairo Cotton in a deal worth EGP 140m. Dice will self-fund the remaining EGP 50m.

Alyaa Stohy

USAID, PepsiCo Egypt sign MoU to Support Egyptian potato farmers

According to the statement, the joint programme will increase transparency and sustainability in the potato supply chain.

Daily News Egypt

Faisal Islamic Bank of Egypt registers EGP 1.376bn in profits in H1of 2019

Total assets of bank increased to EGP 97.289bn end-June, up from EGP 85.902bn in June 2018

Hossam Mounir