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Fertiglobe, Emaar report bumper earnings in 2022
A good year for Fertiglobe: The MENA fertilizers firm — a joint venture between Adnoc and the Sawiris-owned OCI —…
ODE gets greenlight for Gouna expansion
A new agreement will more than double the town’s current size
Three global firms reportedly eyeing contract for Metro Line 1 upgrades
TRANSPORT- Three international companies have their sights set on developing Metro Line 1: Germany’s Siemens and French firms Alstom and…
Gov’t to hire 30k new teachers in bid to end shortage + telcos can market micro ins. policies
EDUCATION- Teacher hiring drive: The Education Ministry is looking to hire 30k primary school assistant teachers for the first, second…
SODIC revenues up 13% y-o-y on record sales but impact of deval hits net income
SODIC reports higher revenues in 2022: Real estate giant SODIC’s revenues rose 13% y-o-y to EGP 7.8 bn in 2022,…
MSCI adds Ezz Steel, Heliopolis Housing to its small-cap index
Ezz Steel and Heliopolis Housing have been added to MSCI’s small cap index following its quarterly review. Heliopolis Housing is…
More private-sector involvement in the aviation industry?
TRANSPORT- Egypt’s aviation sector could see more private-sector involvement: State-owned flag carrier EgyptAir will work more closely with private-sector airlines…
No talks to sell Suez Port management rights to ADP, says TransMin
Ibnsina Pharma to distribute treatments by German pharma giant Boehringer Ingelheim.
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