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EgyptAir places big Airbus order. PLUS: News from SODIC, Afreximbank, Hayat, Cleopatra Group
AVIATION- EgyptAir has placed another big order for new aircraft. National flag carrier EgyptAir has placed an order for 10…
Orascom Development Egypt and EKH release 3Q figures
ODE had a strong quarter, backed by record sales: EGX-listed Orascom Development Egypt (ODE) saw its net income rise 53%…
Elsewedy Electric, Arab Contractors secure USD 500 mn Afreximbank credit facilities. PLUS: New pharma company acquires stakes in Jordanian diagnostics player
Afreximbank previously supported a dam project developed by Elsewedy and Arab Contractors
Egypt to expand ties with African infrastructure investment platform + Tougher penalties for harassers approved
MPs approved two decrees that will see Egypt join the platform’s project development and project finance arms
Madinet Masr’s earnings more than double in 9M 2023 on record sales
The real estate developer is on track for record sales by the year’s end
Schneider is investing EUR 8 mn in the local market before year end. PLUS: Prime, Vestas, petrochemical industry, Kharafi, Cofra, Heliopark
Schneider Electric plans to invest EUR 8 mn in the local market
Orascom Real Estate lands EGP 6 bn to finance O West construction
A portion of the loan will be used to refinance a EGP 1.5 bn bridge facility
More funding from the AfDB. PLUS: ICON is heading to Saudi and we’re in for Indian, and German investments
The AfDB plans to lend us USD 349 mn before the end of the year
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