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El Sisi urges patience as economic reforms begin to show results
El Sisi urges patience as economic reforms begin to show results: President Abdel Fattah El Sisi made his administration’s economic…
Speed Round
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Evergrow to build EGP 2 bn fertilizer plant at Sadat City
INVESTMENT WATCH- Evergrow scaling back investment in fertilizer plant? It appears that fertilizer maker Evergrow has reduced projected spending on…
Ukraine’s Nibulon to invest USD 2 bn in upgrading Egypt’s grain storage and transport infrastructure
INVESTMENT WATCH- Ukraine’s Nibulon will invest USD 2 bn in upgrading Egypt’s grain storage and transport infrastructure under an agreement…
CIRA to re-list on EGX in October, offer 35-40% of the company in international and domestic offerings
EXCLUSIVE- CIRA relisting to take place in October: Cairo Investment and Real Estate Development (CIRA) will relist shares on the…
Oil Ministry downplays suggestions that Noor field could be 3x Zohr
Oil Ministry advises caution on reports of the size of the Noor field: Oil Minister Tarek El Molla pulled the…
Carbon Holdings signs contracts for its USD 10.9 bn petrochemicals facility
INVESTMENT WATCH- Carbon Holdings signs contracts for its USD 10.9 bn petrochemicals complex: Carbon Holdings signed on Saturday contracts with…
Peace in South Sudan
Peace in South Sudan: Salva Kiir, the South Sudan president and longtime Egypt ally, signed a peace agreement on Wednesday…
KSA to ramp up production to a record 10.8 mn bpd
Saudi Arabia reportedly plans to pump a record 10.8 mn barrels of crude a day starting July under a pact…
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