The project will span 26k square meters in the Qantara West Industrial Zone
Author Archives: enterpriseam admin
EBRD greenlights USD 275 mn loan for Gulf of Suez mega wind farm
EBRD is contributing USD 200 mn and the remaining USD 75 mn will be coming from Arab Bank and Standard Chartered
El Zahy Group secures EGP 4.2 bn syndicated loan
El Zahy Group secures EGP 4.2 bn in financing: Local construction player El Zahy Group inked a syndicated loan agreement with three banks — the National Bank of Egypt (NBE), Banque Misr, and QNB Egypt — for EGP 4.2 bn, according to a press release (pdf). (Tap or click the headline above to read this […]
Sunrise Resorts & Cruises plans to add 4k hotel rooms in 2025
PLUS: Talaat Moustafa Group reported a record EGP 500 bn in sales in 2024
Honda, Nissan, and Mitsubishi eye potential USD 58 bn merger amid rising EV competition
Honda shares climbed 3.8% on the news, and Nissan shares 1.6%
2024 DECEMBER 26 December (Thursday): Central Bank of Egypt’s Monetary Policy Committee meeting EVENTS WITH NO SET DATE End of 2024: The launch of the high-speed train line linking Ain Sokhna with Al Alamein City 2025 January: CBE to launch InstaPay remittances for Egyptians abroad February: Orascom Pyramids Entertainment to bring total investments in the […]
Your mobile and internet bills could be going up as much as 30%
Good afternoon all you wonderful people, and happy Christmas Eve. At the top of the docket for today is another hike to our phone and internet bills, followed by the latest on AI applications in the realm of animal communication and the business of prediction. THE BIG STORIES TODAY #1- Your mobile contract plans just […]