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CIB gets UNDP energy efficiency award
Our friends at CIB received the UNDP’s Energy Efficiency Award for being the first organization to use efficient lighting systems…
SPEED ROUND
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SPEED ROUND
Four consortia competing over New Capital cooling plants
Four consortia of domestic and Arab investors are competing for contracts to build cooling plants in the new administrative capital…
Earnings watch: NBK Egypt, GTH
EARNINGS WATCH- The National Bank of Kuwait Egypt reported a 77.07% y-o-y jump in net profit to EGP 1.5 bn…
Hazem Hegazy appointed as Banque du Caire deputy chairman as of March
MOVES- Banque du Caire has appointed Hazem Hegazy as deputy chairman starting March, sources tell Al Masry Al Youm. Hegazy…
Bichara resigns from OTMT board
MOVES- Khaled Bichara has stepped down from the board of Orascom Telecom and Media Technology, according to a company statement.…
Morsi succeeds El Sheikh as Chairman and CEO of Egyptian Media Group
MOVES- Osama El Sheikh submitted his resignation as chairman and CEO of Egyptian Media Group (EMG) after a brief run,…
Dubai’s Phanes Group eyeing solar projects in Egypt under USD 200 mn investment plan
INVESTMENT WATCH- Phanes Group eyeing potential solar power projects in Egypt worth USD 200 mn: Dubai-based solar energy developer Phanes…
Is Abdul Latif Jameel returning to Egypt’s renewables sector?
INVESTMENT WATCH- Is Abdul Latif Jameel returning to Egypt’s renewables sector after a near two-year absence? Saudi conglomerate Abdul Latif…
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