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B Investments Holding to invest EGP 200-300 mn in 1H2020
INVESTMENT WATCH- B Investments to invest EGP 200-300 mn in 1H2020: Private equity outfit BInvestments Holding is considering investing EGP…
Real estate
Eastern Company reports profits of EGP 1 bn in 3Q2019
EARNINGS WATCH- Egypt Kuwait Holding 3Q profit up 15% y-o-y: Egypt Kuwait Holding (EKH) a net profit of USD 38.2…
Earnings watch: SODIC, Telecom Egypt, TMG, Amer Group
EARNINGS WATCH- SODIC’s 3Q2019 net profits came in at EGP 168 mn, with a profit margin of 12%, the company…
Prime Group to establish first international outlet mall in Egypt
Prime Group’s real estate development arm has signed a contract to develop Egypt’s first international outlet mall, company chairman Tamer…
Earnings watch: Orascom Development Egypt, GB Auto, Credit Agricole, Raya Holding, AMOC,
EARNINGS WATCH- Orascom Development Egypt (ODE) reported net profits of EGP 107.4 mn in 3Q2019, up from EGP 89.5 mn…
Eight local, international companies bid for new capital solar tender
Eight local and international companies have submitted bids for a tender to install solar panels on 64 buildings in the…
Marakez signs EGP 395 mn loan with Emirates NBD Egypt for new Ikea store
Fawaz AlHokair Group’s Marakez has signed a EGP 395 mn long-term loan agreement with Emirates NBD Egypt to finance a…
Egyptian Resorts Company to invest EGP 15 bn in new Sahl Hashish marina
INVESTMENT WATCH- ERC to invest EGP 15 bn in new marina complex in Sahl Hasheesh: Egyptian Resorts Company (ERC) is…
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