Browsing Category
Industry & Trade
Can al-Sisi Fix Egypt’s Energy Mess?
The list of challenges facing Egypt’s new president is seemingly endless, from restoring some sense of political…
Egypt’s QIZ Exports to USA Tumble to EGP1.7 billion in Q1
Egypt's exports of ready-made garments to the USA, as pursuant with the Qualifying Industrial Zone Protocol (QIZ)…
EU Investments in Egypt are Worth €22.7 billion – Official
The total volume of European Union's investments in Egypt, including grants and loans from the European Investment…
Nassef Sawiris Launches Investment Unit in Egypt
Egyptian tycoon Nassef Sawiris announced the launch of Nile Holding Investments (NHI), a subsidiary owned by his…
Sawiris’s Bid for Stake in EFG-Hermes Signals Revival of Egyptian Economy
The board of EFG Hermes said it was discussing the tender offer by a consortium led by Naguib Sawiris, the Egyptian…
Egypt Exported EGP3bln to Turkey in April
Egypt has exported EGP3 billion to Turkey during the period from January to April 2014 against the exports of 2013.…
EFG-Hermes to Appoint Independent Financial Adviser to Look at Tender Offer
Egypt's EFG Hermes will call in an independent financial adviser (IFA) to assess the tender offer for up to 20% of…
EFG-Hermes Buyout Bid is Our First Big Investment into Egypt – Sawiris
After presenting a joint offer with Beltone Financial Holding for 20% equity stake in EFG-Hermes, Egyptian…
Arabian Cement Shareholders Endorse EGP0.11/Share Dividend
Shareholders of Egypt-based Arabian Cement Company approved on Monday the proposed dividend payout at EGP 0.11 per…
Wadi Group Eyes Sales EGP3 billion in FY2014/15
Wadi Holdings (Wadi Group) - a family-owned Lebanese agribusiness company based in Egypt – is targeting sales worth…