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Egypt’s state-owned HHD puts 32 land plots in Sheraton, Heliopolis up for sale
Heliopolis Housing and Development (HHD) is selling 32 land plots it owns in Sheraton, Heliopolis, through direct order agreements, the…
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Global Telecom’s Banglalink agrees on USD 300 mn loan
Global Telecom’s Bangladeshi subsidiary Banglalink has reached an agreement on a USD 300 mn syndicated loan with several international banks,…
NBK appoints Yasser El Tayeb as acting CEO
The National Bank of Kuwait has appointed deputy managing director and board member Yasser Al Tayeb as the acting CEO…
Five consortiums submit offers to proof Dabaa nuclear plant from groundwater
Five consortiums of local and international companies have submitted financial and technical offers to set up the necessary infrastructure to…
Arabia Investments hearing against Peugeot postponed until 9 June
The court hearing for a case brought by Arabia Investments Holding (AIH) against Peugeot has been postponed until 9 June,…
EFG to pay EGP 499 mn in dividends at 0.65 per share
EFG Hermes agreed this week to pay EGP 499 mn in dividends to shareholders at 0.65 per share, according to…
MM Group shareholders approve 0.25 share/ each held as 2018 dividend
MM Group shareholders approved stock dividends for 2018 of one share for every four shares held , the company said…
Majid Al Futtaim to invest EGP 700 mn to open 20 new Carrefour outlets in Egypt
Majid Al-Futtaim Group (MAF) is planning to invest EGP 700 mn in Egypt this year to open 20 new Carrefour…
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