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Carbon Holdings’ USD 11 bn petrochemicals projects gets spotlight in the African Investment Forum
Carbon Holdings showcased its USD 11 bn Tahrir Petrochemicals Complex (TPC) at the African Investment Forum in Johannesburg last week,…
Other Business News of Note
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Other Business News of Note
Qalaa to sell its stake in Zahana to Algeria’s CIGA by 1Q2019
Qalaa Holdings has signed an MoU to sell its stake in Algerian cement company Zahana to Algeria’s state-owned Groupe Industriel…
ECDC to allocate 35k feddans for olive, date production to foreign investors
The state’s Egyptian Countryside Development Company (ECDC) is expected to sign agreements with foreign investors to allocate 35k feddans of…
IDA to re-tender land plots seized from 1,000 factories project investors
The Industrial Development Authority (IDA) is set to re-tender 15 land plots seized from investors in the New Cairo 1,000…
NUCA rescinds decision to seize land from 21 “distressed” factories
The New Urban Communities Authority (NUCA) has rescinded a decision to seize land from 21 investors from the New Cairo…
Mastercard reaffirms commitment to help drive public-private partnership-led growth
Mastercard’s Chief Product Officer Michael Miebach reaffirmed the company’s commitment to helping Egypt push forward public-private partnerships to drive economic…
CIAF to buy 12 EgyptAir planes for USD 100 mn
Aircraft lessor, the Civil Aviation Finance Holding Company (CIAF), is planning to buy 12 EgyptAir planes for USD 100 mn…
Trading on AMOC GDRs on the LSE began on Thursday
Trading on 50,000 global deposit receipts of Alexandria Mineral Oils Company (AMOC) began on Thursday, the company said in a…
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