Month: February 2021

TMG pays EGP 44bn for Capital Gardens City’s land value in 2021: CI Capital

CI Capital expects project’s housing unit sales would record about EGP 826bn

Shaimaa Al-Aees

EDA launches export subsidy initiative to support local pharmaceutical industry

Initiative reviews, updates all export procedures at EDA, to ensure they comply…

Daily News Egypt

Oriental Weavers expects sales of EGP 10.1bn in 2021

Company aims to increase prices by 3% in 2021, capex expected to…

Alyaa Stohy

Philip Morris announces new price list for tobacco products

Philip Morris – Egypt has announced the new price list for different…

Daily News Egypt

Ezz Steel to turn profitable by Q2-Q3, if strong market conditions continue

Company hopes to produce 1.8m tonnes of flat steel, between 3m-3.5m tonnes…

Alyaa Stohy

Egypt, Spain, Philippines discuss stronger cooperation in tourism, antiquities

They discuss coordinating efforts to resume inbound international tourism to Egypt

Nehal Samir

SIDPEC selects Honeywell to support petrochemical complex expansion

Honeywell Process Solutions (HPS) announced, on Tuesday, that its technology has been…

Daily News Egypt

Egypt offers international bonds worth $3.75bn in 3 tranches

Increasing demand for Egyptian international bonds represents coverage ratio of up to…

Hossam Mounir

LuLu Hypermarket opens largest Egypt branch at Porto New Cairo

New branch stretches over 9,500sqm and introduces company’s new concept in Egypt

Daily News Egypt

TE, IBM, Red Hat collaborate to boost digital transformation in Egypt

Cooperation emphasises company's strategy of modernising infrastructure, providing customers with best services,…

Mohamed Alaa El-Din