Elsewedy Electric, an integrated energy and infrastructure solution provider, has entered into a purchase agreement with R.F. Energy, a subsidiary of F.G Europe, to acquire 100% stake in four Greece-based companie ...
Khaled El Hosseini, spokesperson of the Administrative Capital for Urban Development (ACUD), has received more than ten offers by foreign companies to develop projects in the New Administrative Capital (NAC).
The Central Bank of Egypt (CBE) announced on April 3 that the country’s net foreign reserves climbed to USD 44.11 bn at the end of March, up from USD 44.06 bn a month earlier.
The Internal Trade Development Authority (ITDA) has awarded contracts to some Egyptian and foreign investors to develop six logistics and commercial zones in six different governorates, with combined investments w ...
The Central Bank of Egypt (CBE) announced on February 5 that net foreign reserves rose to USD 42.616 bn by the end of January 2019, compared to USD 38.2 bn in the prior-year period.
UAE-based Aster DM Healthcare, a major private sector healthcare company, plans to invest USD 68.1 mn in new projects across the Gulf region, however, suspending entering the Egyptian market due to fears over the ...
The Central Bank of Egypt (CBE) has announced that remittances from Egyptian expats, one of the country’s main sources of foreign currency, rose 8% YoY during the first ten months of 2018 to reach USD 21.4 bn, up ...
The Egyptian Resorts Company (ERC) has announced recording a significant growth in contracted sales and reservations at its latest Sahl Hasheesh development, Bay Village, since its launch in October
The Central Bank of Egypt (CBE) decided on November 28 to terminate the foreign exchange repatriation mechanism, starting from December 4, for new portfolio investments
Abu Dhabi's hotel group Rotana has unveiled plans to bolster its Africa portfolio with the signing of a new agreement with Grandview Hotels and Resorts for the management of a five-star hotel in the Republic of Za ...
