Siemens’ Healthineers starts flotation of minority stake
Prior to a planned IPO, German engineering giant Siemens is offering investors a minority stake in its medical imaging business Healthineers. The IPO itself is likely to become Germany's biggest…
Nature’s gift? The many uses of algae
Seaweed is a global phenomenon and is often seen as either a plague or a blessing. Over the past 99 episodes, eco@africa has looked into the many uses of this…
Elite to launch project in New Administrative Capital worth EGP 1bn
Elite Real Estate Consultancy is launching a new project in the New Administrative Capital on an area of 14 feddans with initial investments of EGP 1bn, according to Managing Director…
Royal Gate directs EGP 150m to real estate projects in 2018
Royal Gate for Housing Development targets pumping EGP 150m worth of investments in 2018 to develop separate real estate projects in the cities of Shorouk, Madinaty, and New Cairo. The…
Ammar for building pumps EGP 800m in Sixth of October city
Abeer Essam, chairperson of Ammar for Building, said the company began working in commercial real estate after a long period of focus only on the housing field. The company obtained…
250m Egyptian sports fund launched by Banque Misr
The Fund will be managed by Misr Beltone
No reduction in prices of gas supplied to factories: Petroleum Ministry
Objectors to prices can resort to importing, say sources
Electricity Ministry studies increasing consumer fees starting July
Increase ranges from 14-37% for all consumers, sources say
Japan logs trade deficit after months of surpluses
Japan has said it started the year with a trade deficit as imports of fossil fuel overwhelmed the revenue from outbound shipments from the Asian nation. The negative figure came…
Government outstanding debt rises EGP 21.65bn in January 2018
Balance increased from EGP 676.68bn to EGP 698.33bn by end-December 2017: Ministry of Finance