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Hospitality players’ EGP 50 bn subsidized loan program goes live. PLUS: News from Accor, Air Cairo, Somabay
The program was greenlit by the cabinet back in July
Halliburton to bring four wells online by December. PLUS: News from Medcom Aswan, FRA, Q Developments,
The company is also reportedly rolling out well-stimulation technologies across key fields
AngloGold to acquire Centamin next month. PLUS: News from Modon, Adeer, Abu Qir
The transaction will be carried out on 22 November
Beni Suef, Sharqia are getting EGP 4.8 bn worth of projects. PLUS: News from GIZ, EgyFert, Madinet Masr,
The projects are set to be completed within two years
Gov’t to offer private players 21 plots to set up hospitals. PLUS: News from Vantage Capital, Aleph Holding
The government wants to add 173k beds to the country’s residential capacity by 2030
TAG Oil is raising USD 7.2 mn to fund activities in Egypt. PLUS: News from Knauf, Oppo, Elsewedy
The company will use the funds to expand its work in the Badr field as well as a new 512k-acre…
LG is setting up a USD 150 mn refrigerator line in its Tenth of Ramadan factory
The new production line is in the preparation phase
Khalda Petroleum has a USD 70 mn diesel project brewing. PLUS: News from AMEA Power, HHD, Delta Sugar,
The company wants to boost production by 5%
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