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CIRA dedicates 2.8 feddans in New Sohag to international school
INVESTMENT WATCH- CIRA to build international school on 2.8 feddans in New Sohag: Cairo for Investment and Real Estate Development…
Egypt signs EGP 4.3 bn Gulf of Suez wind power plant agreement with Vestas
INVESTMENT WATCH- Egypt, Vestas ink EGP 4.3 bn Gulf of Suez wind power plant agreement: The New and Renewable Energy…
Beltone to launch three NBFS firms next month, eyeing return to profitability
Beltone Financial Holding will set up three new non-banking financial companies in September in a bid to return to profitability,…
Egypt to revoke tax exemptions for some institutions that invest in gov’t debt
Finance ministry is closing a tax loophole that gives a break to some state institutions and insurers that invest in…
Arabia Investments Holding profits up 47% in 2Q2020
EARNINGS WATCH- AIH profits up 47% in 2Q2020: Arabia Investments Holding’s (AIH) net profits rose 47% to EGP 14 mn…
Moves: Prime Fintech board members
MOVES- Prime Fintech has a board of directors: Shireen Alkady (LinkedIn) has been tapped as executive chairman of the board…
House of Representatives signs off on law restructuring Egyptian Endowments Authority; covid-19 financing packages
Draft law to restructure the Egyptian Endowments Authority gets preliminary sign-off: The House general assembly yesterday approved in principle a…
Foreign companies to conduct seismic surveys in 4Q2020 in Egypt’s WestMed
International oil and gas players will begin conducting seismic surveys in the Western Mediterranean in 4Q2020, Al Shorouk and Masrawy…
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