Odds and consequences for the no-deal Brexit scenario
How will a no-deal Brexit, which is highly expected by politicians, affect…
SODIC reports EGP 2bn revenues in 1H19, a 92% growth
Gross profit grew 23% to hit EGP 630m during the period, reflecting…
Lekela reaches financial close for its 1st wind farm in Egypt
Project to reduce more than 550,000 tonnes of carbon dioxide emissions per…
Hilton, Alshaya Group partner to develop 70 Hampton by Hilton Hotels
With the first hotel expected to open in Kuwait in 2021, Alshaya…
EFG Hermes net profits up 49% y-o-y to record EGP 304m in 2Q19
The company achieved revenues of EGP 1.1bn, reflecting a 13% y-o-y increase…
MNHD revenues record EGP 1.089bn in 1H 2019
Despite the strategic postponement of new launches in Taj City to the…
Egypt’s headline inflation drops to 4-year low of 8.7%, core inflation retreats to 5.9% in July
The announcement defied analyst expectations, as in July the Egyptian authorities decided…
Match Group acquires matchmacking Harmonica app
Match Group announced that it acquired Cairo-based Harmonica, a matchmaking application.
El Shams Housing to start construction of Solana project in NAC end-August
Project will be self-financed by EGP 3.4bn from the company's liquidity and…
Palm Hills debuts Mazeej Hotel on 4,000sqm in North Coast
The hotel is a collaboration with Palm Hills Developments and G’nK Hospitality…