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OB Financial Holding to set up retail arm
PLUS- El Araby Group will begin locally manufacturing fixed internet home routers
Home appliance distributors lower prices amid market stagnation and stronger EGP
Some household names were among those with sizable reductions, including Beko and El Araby Group
BP to invest USD 400 mn in two new wells. PLUS: Agiba, Pickalbatros, Juba, Alexandria Port Authority, El Araby Group, carbon credits
The two wells will add a combined daily 400 mn cubic feet of gas to BP’s output
El Araby inks USD 50 mn agreement with Sharp to produce fridges and freezers
Construction is set to begin in 1Q 2025
Egypt inks EUR 67.7 bn worth of agreements and MoUs at Egypt-EU Investment Conference
Green hydrogen investments brought in the most
Haleon to launch in Egypt next year
ICT- Benya + Al Fanar join forces in Saudi: IT infrastructure contractor Benya Group has signed final agreements with Saudi’s…
Taiwanese A/C manufacturer, Elaraby to build USD 33 mn factory
Taiwanese manufacturer Rechi and Elaraby Group will partner to build a USD 33 mn A/C compressor factory with an eventual…
THIS EVENING: Hassan Abdalla tapped as acting governor of the CBE ahead of today’s MPC meeting + Interest rates decisions dominate the international business press
Good afternoon, lovely people, and a very happy THURSDAY. It’s been quite a week for us all, with an uncharacteristic…
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