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Deutsche Bahn, Elsewedy sign EUR 1 bn contract to operate high-speed rail
One step closer to high-speed rail: Deutsche Bahn and El Sewedy Electric have signed a contract with the Madbouly government…
Another subsea cable for our regional data hub ambitions
Telecom Egypt inaugurated its Red2Med submarine cable which runs from Ras Ghareb’s Red Sea to Port Said’s Mediterranean through the…
SFE gets the ball rolling on power plant stake sale
Beni Suef power plant the first to go to SFE’s pre-IPO fund? The Siemens-built, 4.8 GW combined-cycle power plant in…
Elsewedy Electric secures EGP 2 bn in Islamic financing
Elsewedy Electric has secured EGP 2 bn in Islamic financing from a banking consortium led by Abu Dhabi Islamic Bank…
Infrastructure players reported solid earnings in 2Q 2022 despite global headwinds — here’s how they did it
Infrastructure players remained resilient in the face of global pressures in 2Q 2022: A toxic mix of local and global…
Elsewedy Electric opens second phase of industrial complex in Tanzania
Elsewedy Electric opens second phase of Tanzania industrial park: Elsewedy Electric opened a transformer factory in Tanzania yesterday, the company…
Egypt repatriates looted artifacts from Belgium
Belgium has returned two artifacts to Egypt that were smuggled illegally out of the country, the Tourism Ministry said in…
Industrial stocks are still divorced from earnings performance
Industrial players are seeing somewhat varied stock performances, with most EGX-listed industrial stocks continuing on the downward trajectory that began…
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