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Orange successfully completes capital increase to EGP 16.4 bn
Orange successfully completes capital increase to EGP 16.4 bn: Orange Egypt’s capital increase was 99.49% subscribed when it closed on…
Other Business News of Note
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Other Business News of Note
EBRD issues procurement notice for consultancy on Oil Ministry’s plan to reform oil and gas sector
The European Bank for Reconstruction and Development (EBRD) issued yesterday a procurement notice for a consultancy firm to advise Egypt’s…
Raya Holding looking to acquire minority stake in USD 70 mn agricultural products factory in Uganda
Raya Holding is looking to acquire a minority stake of no more than 25% in a USD 70 mn agricultural…
UAE-based luxury items online boutique eyes Egypt market
Dubai-based start-up The Luxury Closet is is looking to expand into the Egyptian market, founder and CEO Kunal Kapoor tells…
Careem driver’s death sparks fears of possible strike
Careem’s management met with drivers in a bid to head off a strike after a driver was killed during an…
GE executives discuss new investments with Nasr
GE CEO for MENA and Turkey Nabil Habayeb said that the company was eyeing new investments in Egypt at a…
IDA warns 26 1,000 factories project investors of withdrawing land plots over delays
The Industrial Development Authority (IDA) has warned 26 investors in New Cairo’s 1,000 factories projects it would withdraw their allocated…
Supply Ministry issues tenders for four logistics zones
The Supply Ministry has issued tenders for four logistics zones in Behera, Gharbiyah, and Sharqiyah that are expected to draw…
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