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United Foundries Company eyes USD 10 mn foundry to more than double output. PLUS: Sarwa Ins. + Zamalek SC, Beyti, Hilton, Huawei, Scatec, Ostoul Capital
The company plans to explore the US markets, with around 83% of production earmarked for export
Redcon Properties taps Ahmed Touni as its new CEO
Touni brings over 35 years of experience to the role
Zafarana wind farm sale pushed back? PLUS: News from Eastern Company, Rameda, Fawry
The Zafarana wind farm had been reported to be the subject of ongoing negotiations earlier this month
Agthia wants to boost its exports out of Egypt. PLUS: News from TE, Vodafone, Huawei
Agthia’s exports from Egypt hit AED 24 mn in the first quarter of the year
Telecom Egypt and Huawei team up to deploy 5G
The partnership has enabled Huawei to establish 5G sites in “hotspot areas” throughout Egypt
ADIB Egypt receives license to set up microlender. PLUS: OPay wants a digital banking license, tenders for infrastructure and industrial projects
The lender wants to open 200 branches across the country
Huawei Egypt gets new CEO + Egyptian Air Force, Egyptian National Railways get new chiefs after cabinet shuffle
Huawei has appointed Jim Liu as CEO of Huawei Egypt, succeeding Vincent Sun, the company said in a statement(pdf). Liu…
More than 4.5 mn now on universal health insurance system
More than 4.5 mn Egyptians have so far been registered on the Universal Health Ins. System, said Ahmed Sobky, chairman…
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