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Kharafi National looking to invest up to EGP 1 bn in Future City
INVESTMENT WATCH- Kharafi Nationalmulls investing up to EGP 1 bn in Future City infrastructure project: Infrastructure contractor Kharafi National could…
Green economy
Kharafi National signs EGP 750 mn syndicated loan with four Egyptian banks
Pan-Arabian infrastructure contractor Kharafi National has signed a syndicated loan agreement with four local banks led by SAIB Bank to…
NBG agrees to issue EUR 41.7 mn loan for Elsewedy Electric
The National Bank of Greece has agreed to issue a EUR 41.7 mn loan for Elsewedy Electric, it said in…
EBRD’s Pilloux indicates future cooperation on Egyptian infrastructure projects
EBRD’s Pilloux indicates future cooperation on Egyptian infrastructure projects: The European Bank of Reconstruction & Development’s (EBRD) VP for banking,…
Telecom Egypt plans to invest EGP 17 bn through 2020
INVESTMENT WATCH- Government-owned carrier Telecom Egypt (TE) is planning to invest EGP 17 bn through 2020, Reuters reports. The company…
Egyptian delegation meets electric bus manufacturers in Shanghai
A delegation from the Arab Organization for Industrialization (AOI) and holding companies met with major Chinese electric bus manufacturers in…
Empower to begin selling waste energy to clients in September
Renewable energy company Empower is set to begin directly selling electricity generated from recycling waste for the first time to…
Orascom Construction approves USD 0.30/share dividend payment
Orascom Construction’s board of directors approved on Sunday a dividend payout of USD 0.30 per share, according to a company…
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