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China’s Hebei considers building iron plant in Egypt’s Ain Sokhna
Hebei Steel Group, China’s biggest steelmaker by output, is considering building an iron plant in Egypt’s Red Sea…
Ajna Developments sees EGP5.5bln sales from Ain Sokhna flagship
Ajna Developments expects to achieve contractual sales of 5.5 billion Egyptian pounds ($340million) from its new…
Russian EFKO to establish production venture with Egypt’s United Oil
Russian vegetable oil and mayonnaise producer EFKO and Egypt’s United Oil are set to sign an agreement of intent on…
Egypt, Georgia agree to increase economic cooperation
Georgia’s Prime Minister and Minister of Internal Affairs Giorgi Gakharia said his country wanted to increase…
Russia assigns $190M to infrastructure of Dabaa nuclear plant
Russia has allocated $190 million to the infrastructure of Egypt's Dabaa nuclear plant, Russian President Vladimir…
United Lease receives EGP1.5bln loans from 8 banks
The United Lease Company has received finances of 1.5 billion Egyptian pounds from 8 banks, CEO Maher Abu Setit…
Egypt launches 2050 investments opportunities in 13 governorates
Industrial Development Authority announced that the first phase of the industrial investments map will include…
Beta Egypt to invest $24.7 mln in Beta Greens New Cairo flagship
Property developer Beta Egypt for Urban Development says it plans to invest 400 million Egyptian pounds ($24.7…
Egypt’s Faisal Islamic Bank assets rise 14.8% by end-September
Faisal Islamic Bank of Egypt's assets totalled 98.776 billion pounds at the end of September from 86.059 billion…
Egypt’s natural gas consumption hits 5.97bn cubic feet/day in FY2019
Egypt’s consumption of natural gas recorded around 5.97 billion cubic feet per day during the financial year…