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Americana Egypt to invest EGP 150 mn this year
Americana Egypt plans to invest EGP 150 mn this year in new outlets and branch development, Managing Director Mohamed Hassan…
Future Pharma negotiating with banks to part-finance new EGP 500 mn factory
Future Pharma Industries (FPI) is negotiating several unidentified local banks to secure funding for a new EGP 500 mn factory,…
USAID, Al Mashat talk cooperation
USAID, Al Mashat talk cooperation: International Cooperation Minister Rania Al Mashat met with USAID Egypt boss Sherry Carlin and the…
HHD posts EGP 351.3 mn profit in 2H2019
EARNINGS WATCH- Real estate company Heliopolis Housing and Development (HHD) posted net profits of EGP 351.3 mn in 2H2019, up…
Elaraby Group to invest EGP 1 bn in 2020 to expand production
INVESTMENT WATCH- Elaraby Group will invest EGP 1 bn this year in expanding its production capacity in Egypt, Vice President…
Centamin to invest USD 190 mn in its Sukari Gold mine facility in 2020
INVESTMENT WATCH- Centamin to invest USD 190 mn in Sukari gold mine this year: Egypt-focused Centamin plans to invest USD…
ACDIMA Pharma Chairman steps down citing differences with shareholders
MOVES- Chairman Ahmed Hegazy has resigned from his position as chairman of October Pharma, sources close to the company told…
BdC scraps plans for dual listing
IPO WATCH- BdC scraps plans for dual listing: Banque du Caire (BdC) does not have plans to list on a…
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