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Elsewedy Electric’s subsidiary sign KWD 16m deal with Kuwait’s Ministry of Electricity
Elsewedy Electric Co announced that its subsidiary Elsewedy Electric Transmission and Distribution signed a new contract with Kuwait’s Ministry of Electricity and Water
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Lower natgas costs on parliamentary committee agenda to prop up local industry
The House Industry Committee pushing forward with its agenda to press the Oil Minister Tarek El Molla to cut prices of natural gas to factories in order to help prop up local industry, according to…
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Egypt’s Deputy Foreign Minister attends G5 Sahel conference in Chad
Ambassador Hamdi Sanad Loza, Egypt’s Deputy Minister of Foreign Affairs for African Affairs, is attending the two-day seventh regular session of Heads of State of the G5 Sahel summit in the Chadian…
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Nigeria’s Okonjo-Iweala named first female, African WTO boss
Nigeria's Ngozi Okonjo-Iweala was appointed Monday as the first female and first African head of the beleaguered World Trade Organization, saying a stronger WTO would be vital for the global…
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Orascom Financial Holding acquires 29% stake in Sarwa Capital, 74.5% of Beltone
Orascom Investment Holding (OIH) sold its entire stake of 29.25 percent in Sarwa Capital Holding for Financial Investments while it parts with its entire stake of 74.55 percent in Beltone Financial…
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LuLu Hypermarket opens largest Egypt branch at Porto New Cairo
The LuLu Hypermarket Group opened its largest branch in Egypt, earlier this week, with the branch at Park Mall in the Porto New Cairo project spread over an area of 9,500 sqm.
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Elsewedy Electric’s subsidiary sign EGP 126m deal for a sewage treatment plant
Elsewedy Electric’s subsidiary Elsewedy Electric for Trading and Distribution and Alexandria Petroleum Maintenance Co. Petromaint signed a contract to implement the sewage treatment plant in…
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Raya’s new fund for movable assets could be first mainstream alternative to securitization
Raya Holding is planning to set up a fund that will invest in the portfolios of non-banking financial services (NBFS) companies, Al Mal reports.
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Egypt, France discuss cooperation to provide development finances for current projects
Minister of International Cooperation Rania Al-Mashat met with a delegation from the French Treasury on Sunday to follow up on the status of current projects and harness new opportunities for…
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Egypt’s Sisi reiterates trust in AU role in helping resolve GERD issue
Egyptian President Abdel-Fattah al-Sisi on Saturday expressed confidence in the African Union (AU) to contribute to the advancing of efforts aimed at reaching a binding legal deal on the Grand…
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