Sunday 23 Feb

fund

Abu Dhabi Tourism invests EGP2.5B in Hurghada Mövenpick
2025/02/17

Abu Dhabi Tourism invests EGP2.5B in Hurghada Mövenpick

Abu Dhabi Tourism Investment Company (ADTIC), owned by the Abu Dhabi Development Fund, will invest approximately 2.5 billion Egyptian pounds to upgrade the Mercure Hurghada...

Sustainable Capital Africa Alpha Fund sells entire stake in CIRA
2025/01/27

Sustainable Capital Africa Alpha Fund sells entire stake in CIRA

Sustainable Capital Africa Alpha Fund has sold its entire stake, amounting to 9.67%, in Cairo Investment and Real Estate Development - CIRA for Education.

Madbouly reviews plans for initial public offerings of Armed Forces companies
2025/01/27

Madbouly reviews plans for initial public offerings of Armed Forces companies

Prime Minister Dr. Moustafa Madbouly chaired a meeting to review the share offering procedures for affiliated armed forces companies, as part of his ongoing oversight...

Experts: Egypt economy poised for 4% growth
2025/01/21

Experts: Egypt economy poised for 4% growth

A Reuters poll forecasts a 4% growth in Egypt's economy in the fiscal year ending next June. The poll, based on forecasts from 19 economists,...

Locally assembled Proton Saga cars enter pilot operation
2025/01/12

Locally assembled Proton Saga cars enter pilot operation

Ezz El Arab Automotive, the exclusive distributor of Proton in Egypt, has announced the commencement of test drives for the Malaysian-made Proton Saga. The Saga...

Acwa Power secures $700 million fund for Egyptian wind farm
2024/12/31

Acwa Power secures $700 million fund for Egyptian wind farm

Acwa Power, a leading Saudi energy developer, has secured financing of 2.64 billion Saudi riyals (approximately $702 million) for a 1,100-megawatt wind power project in...

Jobzella's 8th job fair kicks off
2024/12/25

Jobzella's 8th job fair kicks off

Organized by Jobzella Consulting, a leading provider of recruitment solutions and human resources support, the 8th edition of the Jobzella Job Fair proved a resounding...

Arab Contractors to build strategic road linking Chad, Libya, Egypt
2024/12/11

Arab Contractors to build strategic road linking Chad, Libya, Egypt

Minister of Housing, Utilities, and Urban Communities, Engineer Sherif El-Sherbiny, commended the Arab Contractors Company for a significant stride in regional cooperation. This achievement follows...