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Samcrete to delist from EGX by year’s end, plans to relist subsidiaries once ready to meet new EGX requirements
Construction outfit Samcrete is planning to delist from the EGX before year’s end, with plans to float shares again from…
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200 Egyptian, “hundreds” of foreign companies apply for prequalification in GEM operations tender
Around 200 Egyptian companies and “hundreds” of foreign companies have applied for prequalification for the tender to manage and operate…
India’s SPP Pumps to invest EGP 100 mn in Egypt by 2020
India’s SPP Pumps is planning on investing EGP 100 mn in Egypt by 2020, Chairman Mohammed Hassan said on Saturday,…
MAF to kick off Egypt expansion plans with new Carrefour in Ismailia
Majid Al Futtaim (MAF) is planning to kick off its Egypt expansion plans with a new Carrefour store in Ismailia,…
Nibulon secures USD 80 mn loan ahead of starting USD 2 bn Egypt silos project
Ukrainian grains and oilseeds producer Nibulon is set to receive an USD 80 mn loan from the European Bank for…
Egyptian-Saudi company looks to establish EGP 10 bn-worth of projects, including medical city in new capital
An Egyptian-Saudi venture that goes by the name of Spine Medical (which appears to have no solid internet presence) is…
HOTAC decides to re-do financial studies on Shepherd Hotel renovations
The Holding Company for Tourism and Hotels (HOTAC) has decided to re-conduct the financial and feasibility studies on plans to…
AIB signs cooperation protocol with SCZone to provide funding, banking services to investors
The Arab Investment Bank (AIB) has signed a cooperation protocol with the Suez Canal Economic Zone (SCZone) that will see…
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