TotalEnergies, OMV near launch of plastic-to-Oil facilities
TotalEnergies SE and OMV AG are nearing the launch of advanced facilities to produce synthetic oil from waste…
Browsing Tag
Facilities
Misr Insurance wins mandate to cover assets of refinery using vegetable oils – official
Egypt’s state-owned Misr Insurance has won an insurance policy tender to cover the assets and facilities of a…
Egypt’s c.bank issues $433.3 mln in guarantee facilities for large firms
The Central Bank of Egypt (CBE) has launched an initiative providing guarantee facilities worth 7 billion Egyptian…
Egypt-based Alexandria Sporting Club launches tender to cover its facilities – sources
Egyptian-based Alexandria Sporting Club has launched an insurance policy tender to cover its facilities against all…
Three insurers vying to win policy bid for Egyptian bourse’s assets
Three takaful insurance companies are competing to win an insurance policy tender to cover the assets of the…
Egyptian Takaful Insurance to cover Orange Egypt’s assets – sources
Egyptian Takaful Insurance has won an insurance policy bid to cover the assets, facilities, and signal transmission…
Egypt’s Petrojet negotiates with insurers to cover assets – sources
Egypt’s state-run Petrojet in talks with non-life insurance companies operating in the country to cover its assets…
Egypt welcomes foreign participation in giant national projects: Tatweer Misr CEO
Egypt’s government is keen on providing foreign companies all the facilitation and incentives needed so as to join…
Saudi oil facilities attacks knock out half the kingdom’s supply
Yemen’s Iran-aligned Houthi group said it attacked two plants at the heart of Saudi Arabia’s oil industry on…
Egyptian Takaful Insurance to cover oil firm Dapetco’s assets – sources
Egyptian Takaful Insurance Co. (Property) has won an insurance policy tender to cover South Dabaa Petroleum’s…
Misr Insurance to cover Engineering Automotive Manufacturing’s assets
Egypt’s state-owned Misr Insurance has won an insurance policy tender to cover Egyptian Engineering Automotive…
China ESCEC to finalise Egypt new capital’s building works in 3 ½ years
China State Construction Engineering Corporation (CSCEC) unveiled Sunday that it will complete all the building…
Moukhtar Ibrahim eyes EGP 500mn sales from two lands this year
Egypt’s construction firm Moukhtar Ibrahim says it is seeking to post 500 million Egyptian pounds ($28 million)…
Egypt’s new capital to be first smart city: official
Implementation of housing units in Egypt's New Capital was successfully completed, but delivery will be within a…
Nakheel, Al Nasr Sports Club join forces to execute new mall in Dubai
Nakheel is teaming up with Al Nasr Cultural and Sports Club to build a new mall worth $82 million, equivalent to…
Elsewedy Electric’s unit to execute 700mn pounds facilities project in Egypt’s Sadat…
Egyptian cable maker El Sewedy Electric’s subsidiary, SDM for Development and Management, plans to invest 700…
Tourism rates increase up to 90% in Upper Egypt’s Luxor: sources
Tourism in Luxor city has witnessed high turnout rates this January, after the governor of Luxor and the Tourist…
Egypt military provides security alongside police during Christmas celebrations
Egyptian military personnel have been deployed on Tuesday to assist police in protecting public institutions and…
Gulf mostly quiet, Dana Gas leaps in Abu Dhabi
Gulf stock markets were mostly quiet in thin, early trade on Monday although Abu Dhabi-listed Dana Gas jumped…
Egyptian state-run construction firms’ business volume rises to 24bn pounds
Number of Egypt’s state-owned construction firms increased its business volume to 24 billion Egyptian pounds ($1.3…
ECETA, Hill International sign MoU to develop operations capabilities in Egypt
ECETA, a part of Egypt's Al Ahly for Real Estate Development, has signed a Memorandum of Understanding (MoU) with…
Egypt to open first hotel ever in new capital this month
Egypt will open the first hotel ever, the military-owned Al Masah, in its new administrative capital city this…
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…
No privatization of railway system: Egypt’s Transportation Minister
Egyptian Transportation Minister, Hesham Arafat, said Friday that the government has no plans to privatize the…
Singapore offers cargo plane, drones to help Philippines fight militancy
Singapore has offered a military transport airplane, drone surveillance aircraft and use of combat training…
Egypt’s Havana Real Estate markets 60% of Havana Hills 6th October project
Cairo-based Havana Real Estate Developments Company says it has marketed around 60 percent of its Havana Hills…
Egypt’s CONSTEC to partake in building giant touristic city in Oman
Egypt’s Construction and Design Company (CONSTEC) says it has received an offer to take part in establishing a mega…
Egypt’s Hassan Allam says has signed contracts worth 850 mln pounds in six months
Egypt’s Hassan Allam has signed contracts of 850 million Egyptian pounds ($46.9 million) for infrastructure and…
Egyptian interior ministry may resort to judicial procedures against media outlets
Egypt's Ministry of Interior said on Wednesday it may resort to judicial procedures against newspapers and media…
Egypt’s Sisi orders Armed Forces ‘to help police to secure vital…
Egypt’s President Abdel Fatah al-Sisi issued a decree Sunday that the armed forces will help the police in securing…
Banque Misr, ADIB to sign $150 bln loan in Q1
Egypt’s second largest state-owned lender, Banque Misr is planning to sign a loan worth $150 million with Abu Dhabi…
India announces election dates in five key states
Assembly elections will begin in five Indian states in February, the Election Commission of India has announced.…
Alibaba Cloud stretches global reach with four new facilities
Alibaba Cloud plans to open four new data facilities outside China, the cloud unit of Alibaba Holdings Ltd said on…
Earthquake shakes central Oklahoma
An earthquake measuring magnitude 5.0 shook central Oklahoma on Sunday, causing damage to a number of buildings.…
General Electric Gas expands service facilities in Egypt : GAFI
General Electric Gas and Oil announced Thursday it would expand its service facilities in Egypt in cooperation with…
Sisi orders ‘increased security at vital facilities’ after murder of army…
Egypt's President Abdel-Fattah El-Sisi ordered on Saturday "increased security at vital facilities" after a…
64 investors got $225m-expansion licences in September- Egypt’s minister
Around 64 investors got approvals to expand their industrial facilities with investments worth 2 billion Egyptian…
Militants attack two energy plants in north Iraq, kill at least four
Militants stormed two energy facilities in northern Iraq on Sunday, shooting at least four workers and detonating…
E-finance begins automating agricultural holdings documents
e-finance, a company that specialises in operating financial facilities, began implementing the system to automate…
NBE, AlexBank to secure $33.7mn credit facility for Alexandria Business Association
Non-profit Alexandria Business Association (ABA) is set to receive credit facilities of 300 million Egyptian pounds…