Sunday 23 Feb

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TAQA Arabia expands in Saudi Arabia, East Africa
2025/02/23

TAQA Arabia expands in Saudi Arabia, East Africa

TAQA Arabia plans to expand its business operations in Saudi Arabia and East Africa, aiming to achieve 50% of its revenues from outside Egypt within...

Housing and Development Bank profits surge to EGP12.45 billion
2025/02/23

Housing and Development Bank profits surge to EGP12.45 billion

Housing and Development Bank's consolidated financial results revealed a 90% year-on-year profit increase last year.

Elsewedy Cement boosts Qalaa Holdings stake to 11.07% (EGP 78.7M)
2025/02/23

Elsewedy Cement boosts Qalaa Holdings stake to 11.07% (EGP 78.7M)

Hermes Securities Brokerage Company stated that Elsewedy Cement Company has increased its stake in the share capital of Qalaa Holdings for Financial Investments from 9.6%...

Minister of Supply monitors sugar, paper production in Qena
2025/02/23

Minister of Supply monitors sugar, paper production in Qena

Dr. Sherif Farouk, Minister of Supply and Internal Trade, visited the Qous Sugar Factory and the Qena Paper Industry Company in Qena Governorate to assess...

Housing Ministry launches "Your Home in Egypt" website, steps
2025/02/23

Housing Ministry launches "Your Home in Egypt" website, steps

The Ministry of Housing, Utilities, and Urban Communities has announced the launch of the official website and executive steps for the "Your Home in Egypt"...

Shard Capital leads Petrochemical Complex project in New Alamein
2025/02/23

Shard Capital leads Petrochemical Complex project in New Alamein

British "Shard Capital Partners LLP", in collaboration with UAE's Royal Strategic Partners and Saudi Arabia's Al Qahtani Group, has announced the signing of a framework...

Minister Shimi, SCATEC CEO discuss renewable energy projects
2025/02/20

Minister Shimi, SCATEC CEO discuss renewable energy projects

Minister of Public Business Sector, Engineer Mohamed Shimi, met, Wednesday, with Terry Nilsen, CEO of the Norwegian company "Scatec," on the sidelines of the Egypt...

Moody's keeps Egypt rating at Caa1, outlook positive
2025/02/20

Moody's keeps Egypt rating at Caa1, outlook positive

Moody's Ratings Agency has affirmed Egypt's long-term foreign and local currency ratings at Caa1, maintaining its positive outlook. This also includes the affirmation of Egypt's...