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Egypt’s non-oil industrial output jumped 47.6% y-o-y in 2Q2017
Egypt’s non-oil industrial output jumped 47.6% y-o-y in 2Q2017 to EGP 135.5 bn, up from EGP 91.8 bn in 2Q2016,…
Speed Round
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Egypt maintains 2016 rank in OICA’s 2017 statistics as 39th largest auto producer
Meanwhile, Egypt was ranked the world’s 39th largest auto producer for a second year in a row in the International…
Is Renault looking to open an assembly line in Egypt?
Is Renault looking to open an assembly line in Egypt? A delegation from French multinational Groupe Renault is in Egypt…
UberEats food delivery to expand into 100 new cities
Uber is planning to expand its food delivery platform UberEats into 100 new cities across the Middle East, Europe and…
Egypt wants to launch its own “Facebook”
Egypt wants to launch its own “Facebook”: Egypt has taken “active and positive steps” to create its own Facebook-like social…
Scatec Solar wins Islamic Finance News award.
Scatec Solar lands Egypt transaction of the year for 2017 from Islamic Finance News: The company landed the award for…
Is Abraaj going through a wave of defections?
Is Abraaj going through a wave of defections? Ashish Dave, CFO of emerging markets focused PE giant Abraaj, has left…
Elsewedy subsidiary signs EGP 2.12 bn agreement with EETC
A subsidiary of Elsewedy Electric signed an EPC contract worth EGP 2.12 bn with the Egyptian Electricity Transmission Company. The…
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