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Egypt, South Korea sign MoU to enhance investment relationship
Egypt and South Korea signed yesterday a MoU to enhance their investment relationship, the Investment Ministry said in a statement.…
Eastern renews contracts with BAT, Mansour to jointly produce cigarettes in Egypt
Eastern renews joint production contracts with BAT, Mansour: State-owned Eastern Company inked two five-year renewals of its joint production agreements…
Earnings Watch: Edita, Elsewedy Electric, GB Auto, EKH, PHD, ACC, NBK
EARNINGS WATCH- High-profile snackfood maker Edita recorded a 20.4% y-o-y increase in net profit in 4Q2018 to EGP 128.3 mn,…
Polaris, ARDIC, SIAC to develop infrastructure for 1 mn sqm in SCZone
A consortium of Polaris Al Zamil, ARDIC for Real Estate and Developments and SIAC Holding has begun developing infrastructure for…
Qalaa’s Egyptian Refining Company goes online in 3Q2019
Qalaa’s ERC goes online in 3Q2019: Egyptian Refining Company (ERC)’s USD 4.3 bn facility will be up and running in…
Korea Eximbank to finance SMEs in Egypt
The Export-Import Bank of Korea (Korea Eximbank) will provide financing to Egyptian SMEs as part of the USD 3 bn…
The window for emerging markets to industrialize is closing — and quickly, at that
The window for emerging markets to industrialize is closing — and quickly, at that: Structural shifts in global trade patterns…
Russia’s CMM to set up crane factory in Russian Industrial Zone
Russian crane building company SMM has signed an agreement with Egypt to set up a crane factory in the Russian…
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