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Emirati-Egyptian partnership to launch USD 500 mn Nile-side development. PLUS: Talaat Moustafa Group, ACWA Power + AMEA Power, Elsewedy, Admaius, Concrete, Puma
The project will see the construction of three mixed-use towers and a five-star hotel
Concrete Fashion Group, GoldenTex, QNB report quarterly earnings
CFG’s growth during the quarter was driven by stronger operating profitability and declining financing costs
El Sisi ratifies hospital privatization bill. PLUS: GTEX approves UK subsidiary share sale, Marseilia Group eyes KSA venture, Friday Ice Cream to IPO
Private entities will be able to set up, manage, and operate healthcare facilities and public hospitals for a period of…
Saudi-Egyptian Industrial Investment mulls reviving bid for state-run El Nasr Glass; PLUS: Emaar Misr pushes forward acquisition plans, GTEX Holding’s UK retail unit receives offer
Saudi-Egyptian Industrial Investment revived its bid because of the stability in the exchange rate against the greenback
Concrete, EKH, ODE, Alexbank report earnings
Concrete Fashion Group saw its net income increase 3.2% y-o-y during its fiscal year 2023
Concrete Fashion Group, GTEX Holding name IR heads
Concrete named Nourhan Zaazou as its IR head, while GTEX Holding tapped Moustafa Habib
Concrete shares up nearly 17% on second day of trading
The EGX celebrated the debuts of the two companies with bell-ringing ceremonies yesterday
EFG Hermes concludes advisory on Arafa Holding demerger. PLUS: GCC alliance eyes 25% stake in City Lab Egypt
The demerger saw Arafa rebrand as Concrete Fashion Group for Commercial and Industrial Investment and spin off subsidiary GTEX Holding
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