UAE increases Investments in Egypt sixfold in Q1 – CBE
The United Arab Emirates has boosted its investments in the Egyptian market six times in the first quarter of 2015,…
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Egyptian market
Siemens seeks $917mln-loan to implement 3 Power Plants in Egypt
German Siemens seeks to obtain a fund worth EGP 7 billion (US$917.3million) from a group of banks working in the…
Russian Helicopters seeks to expand in Egypt
Russian Helicopters, a part of State Corporation Rostec, announced plans to expand its operations in the Egyptian…
Economic Recovery Positively Impacts Banks’ Performance
The economic recovery taking place has positively impacted the performance on banks working in the Egyptian market.…
Saudi’s Al Khodari eyes entering the Egyptian Market
Saudi-led Abdullah A. M. Al-Khodari Sons Company intends to enter the Egyptian market through executing bunch of…
Mercedes-Benz won’t withdraw from Egypt Market, Assembly Services halted
Following a state of confusion that resulted from rumours that Mercedes-Benz plans to withdraw from the Egyptian…
Mercedes Carmaker to withdraw from Joint Car Assembly Venture in Egypt
German carmaker Daimler is to withdraw from Egyptian joint venture EGA, a company spokeswoman said Friday, DPA…
Microsoft rolls out Lumia 640 XL in Egypt
Microsoft’s Lumia 640 XL is now available in Egypt for 1,750 Egyptian pounds (US$229). The Windows Phone is listed…
Chinese smart- phones continues to infiltrate Egyptian market
Competition among smart-phone companies in the Egyptian market has reached its peak, as demand for Chinese phones…
Jumia Eyes Pumping EGP20mn Investments in Egypt this Year
Jumia Electronic Trading Company is planning to pump investments ranging between EGP18 million to EGP20 million in…
