SODIC records 87% YoY growth in net profit, 35% increase in revenues, and 34% rise in gross sales
Company's hospitality portfolio expands after adding three more hotels
Factory licences to be granted for ready-to-operate facilities only: Al-Wazir
Egypt’s Vice Prime Minister for Industrial Development and Minister of Industry and Transport, Kamel Al-Wazir met with investors and manufacturers at the headquarters of the Industrial Development Authority (IDA). The…
Egypt’s Petroleum Minister, Indorama Ventures discuss fertiliser plant progress
Egypt’s Minister of Petroleum and Mineral Resources, Karim Badawi, met with Amit Lohia, Deputy Chairperson of Indorama Ventures, on Sunday to review the progress of a new high-quality phosphate fertiliser…
Egypt aims to boost investment with new business-friendly policies: Finance Minister
Egypt to provide more economic opportunities for private sector
IFC, Proparco, and Helios plan partnership to support Africa’s sports, entertainment
IFC, a member of the World Bank Group, on Sunday announced plans to partner with the French development finance institution Proparco, a subsidiary of the AFD Group, and Helios Sports…
People & Places fast-tracks The Med Ras El Hikma with EGP 500m RedCon Construction deal
Egyptian real estate developer People & Places (P&P) has announced a strategic contract with RedCon Construction, representing an investment of EGP 500m. This agreement underscores P&P’s commitment to expediting the…
Egypt pioneering biosimilar adoption in Middle East, Africa: Act4Biosimilars
Egypt is emerging as a leader in the adoption of biosimilar medicines in the Middle East and Africa (MEA), according to a new report by Act4Biosimilars. The global initiative, founded…
Khaled Sabry Development eyes EGP 4bn in sales of Rosail at Mostakbal City
Khaled Sabry, the chairperson of Khaled Sabry Development, has said that the company targets recording EGP 4bn in sales this year of the Rosail City project at Mostakbal City, East…
Madbouly approves marketing plan for 35,000 new housing units
Egypt will launch a marketing campaign to promote more than 35,000 newly built housing units in several of the country’s new cities, Prime Minister Mostafa Madbouly said Sunday. The initiative…
Shama village in Egypt’s Menoufia earns top global green certification
The village of Shama in Menoufia governorate has become the first in Egypt to receive the Tarsheed certification for Green Rural Communities, the Ministry of Planning, Economic Development, and International…
