Latest Business News
Egypt successfully raises $4bn in eurobond issuance; closes 3 times oversubscribed
The three-tranche offering is distributed across $1.25bn in five-year notes, with a…
Your Home Engineer targets investing EGP 200m in several real estate projects
Your Home Engineer company, which began as an initiative, aims to launch…
Oscar Misr targets EGP 300m contractual sales in the current year
Company to launch new housing project by end-February
Ride-hailing company Uber logs huge annual loss
Uber has booked massive full-year losses, a technology site has reported. The…
Jumeirah Real Estate markets Jumeirah Golf project in Egypt, expects AED 1bn sales
Company marketed about 60% of units, Egyptian clients purchased about 11% of…
Lower interest rate, expiry of higher certificates to revive real estate sector in H2 2018
Most cash flow available after expiration will be pumped as investment in…
Agreement between Petroleum Ministry, BHGE to market petroleum exploration
Minister of Petroleum and Mineral Resources Tarek El-Molla signed a cooperation agreement…
Zohr field to save Egypt $4bn by end-2019
Production of Nooros gas field estimated at 1.2bn cubic feet per day;…
Egypt’s petroleum minister meets Algerian counterpart to improve bilateral cooperation
Minister of Petroleum Tarek El-Molla met with his Algerian counterpart Mustapha Guitouni…