TransCentury Sells its Rift Valley Railways Stake to Citadel
Kenya's TransCentury has sold its 34 percent stake in Rift Valley Railways to Egypt's Citadel Capital (CCAP.CA), it…
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Citadel to Close Capital Increase to EGP8 bln on 9 April
Citadel Capital (CCAP.CA on the Egyptian Exchange), the leading investment company in Africa and the Middle East,…
1st Annual Event on Funds Industry in Egypt Starts
The first annual conference addressing the role of Mutual Funds towards Egypt's economy has just kicked off in…
1st Annual Event on Funds Industry in Egypt Kicks off Monday
- The Event is organized by Money Cycle, Under Trade & Investment Ministry’s patronage…
Russia’s Sistema Eyes New Investment Potentials in Egypt
Russian oil-to-telecoms group Sistema (SSAq.L) (AFKS.MM) is reviewing potential investment opportunities in the…
Egypt Govt Secures 50% Finances for Metro Line 3’s Phase III
Egypt’s government will contribute by 50% of total financing for the 3rd phase of the third metro line project,…
Ukraine to Hike Domestic Gas Prices by 50%
Ukraine is raising the price of gas for domestic consumers by more than 50 per cent from May 1 and will implement…
Arab Fund for Economic & Social Development Secures $362 million for Egypt’s…
Egypt and the Arab Fund for Economic and Social Development signed on Monday two financing agreements worth US$362…
Russia Seeks Trade Volume with Egypt Up to EGP5 billion – Minister
Russia is keen on boosting the volume of trade exchange with Egypt to reach up to US$5 million within the coming…
Minister: Egypt Eyes Russian Liquefied Gas
Egypt is considering buying liquefied natural gas from Russia, the country's industry minister said on Wednesday.…