Egypt Drags Its Feet In Privatization Tussle
A thorny legal issue facing Egypt's government was laid bare last month when Prime Minister Hisham Kandil was given…
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industry & trade
Egypt’s EFG-Hermes Picked by Abraaj for Possible Spinneys Sale
EFG-Hermes Holding SAE (HRHO.CA), Egypt’s largest investment bank, said it’s been hired by Dubai-based private…
Egypt’s Citadel Capital Says to Start New Investments After Capital Hike Conclusion
Egypt’s new Minister of Investment, H.E. Yehia Hamed, conducted a meeting with Ahmed Heikal, Founder and Chairman…
Al Futtaim Seizes Full Ownership Of Carrefour Franchise In The Region
Majid Al Futtaim Holding today announced the purchase of the 25% minority stake owned by Carrefour Group in Majid…
Egypt’s QIZ Exports Report 7% Fall In 4 Months
Egypt's exports to the USA have hit around EGP 2.9 during the first four months of 2013 (from January to April),…
Egypt’s EGAS: Citadel Capital, Shell Seen Arch-Rivals For LNG Import Tender
Eng. Khaled Abdul-Badie – the vice chairman of the state-run Egyptian Natural Gas Holding Company (EGAS) – said on…
Total Buys Shell’s Retail Network In Egypt
Total confirmed it acquired Shell fuel retail network in Egypt as part of its strategy to strengthen its…
Citadel’s Mashreq Signs Contracts To Build Suez Canal’s 1st Fuel Bunkering Terminal
Citadel Capital's subsidiary Mashreq Petroleum announced today the signing of a concession agreement entailing a…
Citadels’ ERC Named Oil & Gas Deal Of The Year
Egyptian Refining Company, one of the largest oil and gas projects in Egypt and the region, stands as an example of…
As Hopes To Create MENA’s Biggest Investment Bank Fall, Egypt’s Business Climate Darkens
For Egypt, the collapse of a deal that would have created the Middle East’s biggest investment bank comes at a…