Egypt

IFC invests close to $200m in Egypt, eyes opportunities in infrastructure, manufacturing sectors

The International Finance Corporation (IFC), a World Bank Group member, invested close to $200m in the Egyptian market…

Egypt, Nissan agree to make 100,000 cars yearly

The minister for public enterprises, Hesham Tawfik, has revealed that the Egyptian state-owned carmaker El Nasr Automotive Manufacturing…

Raya to infuse EGP 250m in its recycling factory

Raya Holding for Financial Investments has disclosed it decision to invest more than EGP 250m in BariQ, the…

Nine private, foreign banks in Egypt gain net profits of EGP 25.80bn in 2018

A survey conducted by Daily News Egypt on the results of the activities of banks operating in the…

Image Not Found

Egypt’s gas production to increase to 7bn scf/day

The Ministry of Petroleum is targeted at increasing Egypt’s natural gas production to 7bn cubic feet daily (scf/day)…

Tameer achieves 64% growth rate in sales, profits in 2018

Tameer Engineering Consultants disclosed this in a recent press release that it has achieved a growth rate of…