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Industry & Trade
Investments of Beverages, Dairy and Milk Sector Up EGP8mln in Egypt
The investments' size of beverages dairy and milk sector in Egypt estimated at EGP8million by 420 companies,…
Upper Egypt Flour Mills Profits Hit LE 81 M In 9 Months
Upper Egypt Flour Mills (UEFM) reported consolidated financial results posting a net profit of LE 81.110 m for the…
Al Sharkeya Sugar Manufacturing signs LE 1.8 bln Islamic financing facility
Clifford Chance and Matouk Bassiouny have advised on the landmark Egyptian EGP 1.8 bln Islamic financing agreement…
Citadel Capital Says on Track to Complete Sphinx Glass Exit
Offer from Saudi’s Construction Products Holding Co. approved by Egypt's Citadel Capital; documentation for…
Tahrir Petrochemical Complex Approved With USD 5.8 Bln In Investments
The board of the General Authority for the Northwestern Suez Gulf Economic Zone agreed Tuesday to launch its…
UAE, Egypt Award Deals to Build Two Wheat Silos – Report
The United Arab Emirates and Egypt have awarded contracts to build two wheat silos in northern Egypt as part of an…
Citadel Capital denies Sale of Sphinx Glass
Citadel Capital (CCAP.CA), a leading investment company in Africa and the Middle East, rebutted on Monday the sale…
Saudi Firm CPC buys Citadel Capital’s Sphinx Glass for $190 mln
Construction Products Holding Co (CPC), a unit of private Saudi Arabian construction giant Saudi Binladin Group,…
EGPC Pumps 42.000 Tons Diesel and 19.000 tons of gasoline During Polls
Egyptian General Petroleum Authority (EGPC) CEO Tariq al-Mulla said there is a boost in the rates of pumping…
Orascom Sheds Assets in Egypt As It Restructures Business
Swiss-listed Orascom said on Sunday it would divest stakes in a number of non-core assets in Egypt as it…