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CIB to arrange USD 80 mn loan to Qalaa’s ERC
CIB is arranging a USD 80 mn loan to Qalaa Holdings’ Egyptian Refining Company (ERC) with a tenor of one…
Four new projects in Ismailia with USD 6.7 mn investments
The Ismailia governorate has approved four new projects in its freezone with total investments of USD 6.7 mn, MENA reported.…
20 Russian companies looking at Russian Industrial Zone
Twenty Russian companies are keen to establish facilities in the planned USD 7 bn Russian Industrial Zone (RIZ), Russian Industry…
Thyssenkrupp fertilizer factory inauguration set for 2Q2019
The USD 1 bn fertilizer factory ThyssenKrupp is building in Ain Sokhna is expected to be completed in March and…
Egypt’s MPC, Malaysia’s Petronas launch JV to sell refined crude
State-owned Misr Petroleum Company (MPC) and Malaysia’s Petronas have launched an equally-owned JV to sell refined crude, according a press…
Syrian reconstruction could prove big business for Egypt
Syrian reconstruction could prove big business for Egypt: With Bashar Al Assad’s allies (Russia and Iran) noncommittal about providing resources…
El Sisi’s meetings at the Munich Security Conference top headlines in Egypt’s newspapers
President Abdel Fattah El Sisi’s meetings with the representatives of German companies on the sidelines of the Munich Security Conference…
Chinese companies considering to invest in leather industries in Egypt
A number of Chinese companies are considering investing in the leather products sector in Egypt, the Industry Ministry said in…
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