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Palm Hills completes two hotels in Egypt’s North Coast
Palm Hills has completed two boutique hotels in its Hacienda White and Hacienda Bay resorts in Sahel at a cost…
Egyptian textiles producer MardiniTex to invest EUR 2 mn next year to up output
Textiles manufacturer MardiniTex is planning to invest EUR 2 mn in mid-2020 to increase its production capacity to 300k meters…
Non-banking financial services set to attract investment and drive growth in Egypt
Beltone sees scope for growth in Egypt, looks to regional expansion: Egypt has become a hub for attracting investment, especially…
PrintX raises USD 150k from Saudi investor
STARTUP WATCH- PrintX raises USD 150k from Saudi investor: Cairo-based printing services startup PrintX has raised USD 150k from a…
Algebra Ventures, Glint Consulting invest EGP 20 mn in FilKhedma
STARTUP WATCH- Algebra Ventures and Glint Consulting have invested EGP 20 mn in home services marketplace FilKhedma, founder Omar Ramadan…
Sodic attracts EGP 1 bn in presales for The Estates
Sodic reeled in EGP 1 bn in presales on the first day of the launch of its new compound, “The…
Egypt’s education outfit CIRA inks EUR 25 mn EBRD funding agreement
CIRA closes EUR 25 mn EBRD funding agreement: Cairo for Investment and Real Estate Development (CIRA) signed yesterday an agreement…
Current account deficit widens to USD 8.2 bn in FY 2018-2019
Egypt’s current account deficit widened to USD 8.2 bn in FY 2018-2019, up from USD 6 bn the previous year,…
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