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Omani firm wants to manage the Ring Road’s BRT system + Raya wants in on EVx
Omani investment firm eyes BRT: Omani investment group Bin Omeir Holding has expressed interest in operating the Cairo Ring Road…
You can now short, buy on margin and day trade these EGX stocks
The EGX has shuffled its list of securities eligible for same-day trading, margin trading and short selling as part of…
Metito proposes plan to build Egypt’s first floating desalination plant
Water treatment company Metito wants to build floating desalination plants in Egypt, Al Borsa quoted Managing Director of Metito Africa…
Redcon revives IPO plans
Redcon Construction is looking to make its EGX debut in 4Q2023 or 1Q2024, Vice Chairman Ahmed Abdallah told Enterprise, confirming…
Business activity contracts at a faster pace in January
Non-oil business activity in Egypt contracted for the fourteenth consecutive month in January on the back of weaker demand and…
Ezz Steel acquires Abou Hashima’s remaining Egyptian Steel stake
Ezz Steel has completed its purchase of Ahmed Abou Hashima’s 18% stake in Egyptian Steel, announcing yesterday in an EGX…
Orascom Construction adds USD 785 mn to its backlog in 4Q2021
Our friends at Orascom Construction saw total new awards rise 22% y-o-y in 2021 to hit USD 3.5 bn, the…
Infrastructure: What’s to come in 2022? (Part II)
Infrastructure: What’s to come in the year ahead? (Part II) — Water has been at the forefront of the government’s…
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