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e-Finance to launch cloud computing platform this month
EGX-listed e-payments giant e-Finance will launch a cloud computing platform later this month and has inked a protocol with the…
OC breaks ground on Ras Ghareb wind farm + Suez Cement adds more solar to its energy mix
We have two stories this morning from Egypt’s renewable energy sector after the Orascom-Engie-Toyota Tsusho consortium broke ground on its…
Investors expect 14% deval ahead of IMF facility. Plus: News from Hassan Allam, OC and Schneider
EGP WATCH- Investors see 14% deval ahead of IMF agreement: Three-month non-deliverable forwards on the EGP — i.e., where investors…
SFE gets the ball rolling on power plant stake sale
Beni Suef power plant the first to go to SFE’s pre-IPO fund? The Siemens-built, 4.8 GW combined-cycle power plant in…
Raya Electronics plans major expansion in 2023
Raya Holding’s Raya Electronics plans to expand into 10 new governorates next year, after inaugurating one of the biggest electronic…
The private sector is officially in on the government’s strategic reserve building efforts
OC + Hassan Allam + Samcrete sign EGP 4 bn contracts for basic commodities + food warehouses: The Supply Ministry…
Infrastructure players reported solid earnings in 2Q 2022 despite global headwinds — here’s how they did it
Infrastructure players remained resilient in the face of global pressures in 2Q 2022: A toxic mix of local and global…
Elsewedy Electric opens second phase of industrial complex in Tanzania
Elsewedy Electric opens second phase of Tanzania industrial park: Elsewedy Electric opened a transformer factory in Tanzania yesterday, the company…
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