Egypt’s Modern Gas expands in Saudi Arabia, UAE as profits rise in 2025
Egypt’s state-run Modern Gas is expanding its presence in Saudi Arabia and the United Arab Emirates while…
Browsing Tag
expansion
France’s private sector sees 1st expansion since April
France's private sector experienced growth in August, marking its first expansion since April, with the HCOB Flash…
Germany’s services sector maintains expansion in June – PMI
Germany's services sector maintained a solid pace of expansion in June, marking its fourth consecutive month above…
Egypt’s Hassan Allam remains buoyant, eyes expansion
Egypt's state-run construction firm, Hassan Allam remains in a buoyant mood, despite the coronavirus (COVID-19)…
Expansion in Egypt’s non-oil private-sector activity for first time in 8 months
Egypt’s non-oil private-sector activity expanded for the first time in eight months in April, and saw its highest…
Abu Dhabi property developer Imkan planning for expansion in Egypt
Real estate developer Imkan, a subsidiary of private equity investor Abu Dhabi Capital Group, plans to expand its…
Egypt’s EGX ready to finance expansion of real estate firms
Head of Egyptian Exchange Mohamed Farid said on Monday the stock market is ready to finance the expansion of real…
New Alamein’s oil refinery, petrochemical complex to cost EGP 152.4bn: minister
Egypt's Oil Minister Tarek el-Molla said on Monday the establishment of a refinery and petrochemical complex in…
Egypt’s JW Marriott Hotel launches roof-top solar power station
Egypt’s JW Marriott Hotel launched its roof-top solar power station on Saturday, a statement by the United Nations…
Amr Nassar, LG Electronics’ head discuss firm’s future plans in Egypt
Egypt's Trade Minister Amr Nassar met with the chairman of LG Electronics in Egypt Don Kwak on Saturday to discuss…
Egypt’s Al Bostany eyes 300mn pounds contractual sales at year-end
Egypt’s Al Bostany Real Estate Development targets contractual sales of 300 million Egyptian pounds ($16.7 million)…
Capital Real Estate eyes EGP 2bn in clients’ 2018 sales
Egypt’s Capital for Real Estate Investment and Contracts seeks to market its clients’ projects by achieving sales…
Egypt’s SICO starts exporting smartphones to UAE
Egypt-based SICO Technology has recently started to export its domestically-manufactured mobile phones to the UAE.
IMF warns of increasing African debt despite faster economic growth
Sub-Saharan African nations are at growing risk of debt distress because of heavy borrowing and gaping deficits,…
Qabil opens Mars Egypt factory expansion with investments of 750 mln pounds
The Minister of Industry And Trade inaugurates Mars Egypt factory expansion today with investments worth 750…
Egypt’s Arab Contractors wins a mandate for two road projects in Uganda
Egypt’s state-owned construction firm Arab Contractors says it has won a mandate by Uganda National Roads Authority…
Saudi 2018 budget to concentrate on development, investment
Saudi Arabia’s 2018 budget, to be released on Tuesday, will focus on expansion, development and investment, but…
80,500 feddans of Egypt farmland have seen violations over past 7 years: ministry
Over 80,500 feddans (33,600 hectares) of Egyptian farmland have seen various violations over the past seven years,…
Tatweer Misr to inject 3bn Egyptian pounds investments into projects next year
Egypt’s property developer Tatweer Misr is planning to invest three billion Egyptian pounds ($169 million) in its…
Egypt’s food provider Edita launches first ever donut line
Egypt’s largest snack food producer Edita, is begining the first ever donut line in Egypt at its new E08 factory in…
Rolin to execute two property flagships in Cairo before end-2017
Egypt’s General Construction Company- Rolin is planning to execute two real estate flagships in Nasr City and Old…
Egypt’s Suez Canal breaks record in number of ships and loads
Chairman of Egypt's Suez Canal Authority, Mohab Mamish, said on Saturday that 65 ships passed through the…
Hilton Worldwide to open 13 hotels in Egypt in 10 years
Hilton Worldwide has revealed its expansion plan for Egypt, aiming to construct an additional 13 hotels within…
Egypt’s Hassan Allam targets 2.4bn pounds returns from two projects this year
Egypt’s state-run construction firm Hassan Allam says it targets investment returns of 2.4 billion Egyptian pounds…
US pharmaceutical firms look to boost investments in Egypt
Representatives of U.S. pharmaceutical companies expressed their interest in a possible increase of investments in…
Careem expanding business in Egypt
Careem, the region’s leading app-based car booking service, continues to support economic growth and innovation in…
China lining up for 2,000 more McDonald’s restaurants in 5Yrs
Fast-food giant McDonald's plans to accelerate its expansion in China increasing the number of restaurants in the…
Egypt’s new capital city one of world’s mega projects: UK report
In a report published on the most prominent projects being conducted to establish new cities around the…
Careem Egypt mulls start-up market to invest in transport and e-commerce sectors
Egypt’s transportation app Careem says it is studying the start-up market in Egypt to invest for the best of its…
Hassan Allam to deliver 131 units in Heliopolis Housing Project this year
Egypt’s state-run construction firm Hassan Allam targets delivering 131 units in Sheraton Heliopolis Housing…
Vodafone Egypt to inject 2bn pounds investments for expansion this year
Vodafone Egypt is planning to pump investments worth two billion Egyptian pounds into expansion operations in…
Oil prices dip on further rise in US drilling, demand slowdown
Oil prices dipped on Monday, weighed down by a continuing expansion in U.S. drilling that has helped to maintain…
Egypt’s Moukhtar Ibrahim to raise 2017/18 businesses to 1bn pounds
Egypt’s construction firm, Moukhtar Ibrahim says it is planning to boost its business volume to one billion…
Egypt’s home appliance maker Universal to expand businesses into 12 countries
Egypt’s home appliances maker Universal for Engineering Industries plans to set up presence in 12 new markets…
Samcrete to launch new housing flagship in October City in Q4-2017
Egypt’s Samcrete Engineers and Contractors (SMCS) is launching a new residential project in Sixth of October City…
High oil import costs inaugurate expansion for crops in Egypt
The costs of high oil import led to opening the cultivation of oil crops’ file in Egypt. Abdul Moneim El-Banna,…
White Land Company targets 300mn Egyptian pounds in 2017 sales
Egypt’s White Land Company for Food Industries targets doubling its sales to reach 300 million Egyptian pounds…
Saudi Arabia restores limit on Cairo pilgrims to Mecca to 2013 levels
Saudi Arabia has restored the limit on Egyptian pilgrims to Mecca to its 2013 levels, Egypt's Minister of…
Trump gives nod to Republican tax-credit proposal on Obamacare
U.S. President Donald Trump backed the use of tax credits to help people purchase health insurance in a speech to…
Syria’s army advances against ISIS near Aleppo: monitor
Syria's army and its allies made a sudden advance on Saturday and Sunday into areas held by Islamic State (ISIS) in…