Aristo to market residential resort in Egyptian market with €100m in investments
Company sold property to Egyptians with sales worth €20m in 3 years, says Marketing Manager
ERA targets EGP 3.6bn in sales for developers during 2019
Company focuses on marketing commercial, administrative projects, alongside residential ones
Shell Egypt appoints Khaled Kacem as Chairperson, Managing Director
Shell Egypthas announced the appointment of Khaled Kacem as the Chairperson and Managing Director of the Company, replacing Gasser Hanter, to commence his duties as of May 2019. Hanter will…
Faisal Islamic Bank intends to increase its capital by $73.36m
Bank's business increased to EGP 95.98bn end-February, against EGP 84.43bn in February 2018
IFC ready to invest in Egypt’s hotel development fund
The International Finance Corporation (IFC) expressed its readiness to inject new investment into Egypt's planned hotel development fund, the COO of the IFC, Stephanie von Friedeburg, said. Egypt's ministry of…
Government purchases electricity from private sector for EGP 400m
The government has purchased electricity from the private sector for EGP 400m until March 2019. Sources at the ministry of electricity told Daily News that the Egyptian Electricity Transmission Company…
Swiss companies, embassy to promote cooperation in vocational education with Egypt
Egyptian government declared 2019 as year of education, we will leave our foot print on that, says Swiss ambassador
CI Capital launches ‘Mahfazty’ platform to provide a variety of services, secure trading
CI Capital’s securities brokerage and trading arm, the Commercial International Brokerage Co (CIBC), has launched its new trading platform ‘Mahfazty’ which offers its clients a wide range of brokerage services,…
Reform achievements are impressive, ensuring sustainability is essential: Beltone
Firm forecasts EGP 17.6 per USD in FY 2018/19, EGP 17.1 per USD in FY 2019/20
Egypt aims to increase fuel prices by about 25% in June
Country imports around 35% of domestic consumption of petroleum, says industry source
