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Gulf Capital invested USD 22 mn in Egypt in 4Q2017
Gulf Capital invested USD 22 mn in 4Q2017 in an Egyptian company that provides liquid petroleum gas storage services to…
Other Business News of Note
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Other Business News of Note
Sawiris says he is considering investing in gov’t venture capitalist firm Egypt Ventures
Naguib Sawiris said he is considering investing in the Investment Ministry’s EGP 451 mn venture capital firm Egypt Ventures, Al…
Orascom Construction considers two infrastructure projects in Kenya
Orascom Construction Industries is considering developing two infrastructure projects in Kenya, Al Borsa reports. The company is studying developing a…
UK’s LOC inaugurates new Cairo office
British marine and engineering consultancy firm LOC Group inaugurated last week its new office in Cairo to give the company…
45k feddans to be tendered under first phase of 1.5 mn feddans project
Al Reef Al Masry is planning to tender more land under the first phase of the state’s 1.5 mn feddans…
Court rules ERTU must repay NIB for EGP 886 mn loan
The Cairo Economic Court issued a ruling last week compelling the state-owned Egyptian Radio and Television Union (ERTU) to repay…
Cabinet looks into establishing public freezone in Minya
The Cabinet economic group discussed yesterday a proposal to establish a public freezone in Minya, according to a statement. The…
Mintra, Souq team up to set up two logistics centers
Mintra Group is teaming up with regional e-commerce platform Souq.com to establish two logistical centers with initial investments of EGP…
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