UAE-based UPP seizes 5.68% stake in Egypt’s Palm Hills
UAE-based Union Properties (UPP) announced Wednesday that its wholly-owned subsidiary, UPP Capital, has bought a…
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World Bank and Egypt discuss disbursement of final $1bn tranche of loan
Egyptian government officials held talks with the World Bank on Tuesday to discuss the accelerated disbursement of…
Apple names former Honeywell executive as new general counsel
Apple Inc said on Friday its general counsel, Bruce Sewell, will retire and be succeeded by former Honeywell…
Egypt’s Pharos Holding eyes 7.5bn pounds agreements in 18 months
Egypt’s Pharos Holding investment bank is targeting deals worth 7.5 billion Egyptian pounds ($427.84 million) in…
Gold up on rising US-North Korea tensions
Gold prices rose early Wednesday amid rising tensions between the United States and North Korea after the North…
Egypt’s Al-Abd says delivered 95 social housing buildings in 2016
Egypt’s construction firm Al-Abd, an affiliate of the country’s Holding Company for Construction and Development…
Egypt’s Marseilia to launch 3 fully-fledged property projects before 2017-end
Egypt's property developer Marseilia Group is planning to launch three fully-fledged housing projects in Nasr City…
Egyptian Life Takaful- GIG ups investments to 267 mln pounds at end-March
The investments of Egyptian Life Takaful Company- GIG jumped to 267 million Egyptian pounds ($14.7 million) during…
Orascom Construction posts 21.7% increase in Q1 net income
Egypt-based Orascom Construction (OC) has reported a 21.7 percent increase y-o-y in its net income during the first…
Egypt’s Industrial Development Bank posts 100 mln pounds-net profits in 4 months
Industrial Development and Workers Bank of Egypt (IDWBE) has achieved net profits worth 100 million Egyptian pounds…
