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IDA to re-tender land plots seized from 1,000 factories project investors
The Industrial Development Authority (IDA) is set to re-tender 15 land plots seized from investors in the New Cairo 1,000…
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NUCA rescinds decision to seize land from 21 “distressed” factories
The New Urban Communities Authority (NUCA) has rescinded a decision to seize land from 21 investors from the New Cairo…
Mastercard reaffirms commitment to help drive public-private partnership-led growth
Mastercard’s Chief Product Officer Michael Miebach reaffirmed the company’s commitment to helping Egypt push forward public-private partnerships to drive economic…
CIAF to buy 12 EgyptAir planes for USD 100 mn
Aircraft lessor, the Civil Aviation Finance Holding Company (CIAF), is planning to buy 12 EgyptAir planes for USD 100 mn…
Trading on AMOC GDRs on the LSE began on Thursday
Trading on 50,000 global deposit receipts of Alexandria Mineral Oils Company (AMOC) began on Thursday, the company said in a…
Indomie plans to invest in agriculture to grow raw materials for its factory
Indonesian instant noodles manufacturer Indomie Egypt has purchased land in Ismailia as it looks to start growing its produce in…
Veon withdraws offer to acquire GTH assets in Pakistan and Bangladesh
Amsterdam-based Veon has withdrawn its offer to acquire Global Telecom Holding’s (GTH) Pakistan subsidiary Jazz, and its Bangladesh-based telecom firm…
New Valley signs MoU with PDG to begin feasibility studies on new development projects worth EGP 23 bn
New Valley Governor Mohamed El Zamalot signed an agreement on Tuesday with PDG Group’s local affiliate to begin feasibility studies…
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