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Beltone Financial continues loss-making streak in 2019
EARNINGS WATCH- Beltone Financial continues loss-making streak, reporting a net loss of EGP 91.5 mn in 2019, compared to a…
Orascom Construction appoints Reham El Beltagy as CFO
MOVES- Orascom Construction has appointed Reham El Beltagy as the company’s new Chief Financial Officer, succeeding Mark Littel who has…
Transport Ministry re-offers a tender to supply 25 metro trains
The Transport Ministry is re-issuing a tender to supply 25 trains for Cairo Metro Line 4 after receiving one offer…
Bombardier wants to set up a monorail component factory in Egypt’s SCZone
Canada’s Bombardier is interested in building a monorail components plant in the Suez Canal Economic Zone, Transport Minister Kamel El…
Sami Zaghloul appointed ODE chairman after Manal Abdel Razek resigns
MOVES- Sami Zaghloul (Linkedin) has been appointed chairman of the board at Orascom Development Egypt, succeeding Manal Hussein Abdel Razek,…
Orascom Investment’s pyramids renovation project to open by 4Q2020
Orascom Investment Holding has reportedly completed its EGP 500 mn Pyramids renovation project, which will be fully operational by 4Q2020,…
Your top infrastructure stories for the week
Your top infrastructure stories for the week: Private equity firm Actis and the Sovereign Fund of Egypt aim to channel…
Actis inks MoU with sovereign fund to drive investment to Egypt
INVESTMENT WATCH- Actis inks MoU with sovereign fund to drive investment to Egypt: UK-based private equity giant Actis yesterday signed…
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