Tag: Business

Saudi Aujan Coca-Cola plans $100m factory in Egypt

Egypt’s army-backed government is trying to attract foreign money back into the…

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Amer Group posts 79% drop in 2013 profit

Reuters - Egyptian real estate company Amer Group posted a 79% drop…

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Egypt draft law bars third-party challenges to contracts

Reuters - Egypt’s draft investment law contains provisions to prevent third parties…

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G20 vows to add $2tn to world economy to lift growth

US Treasury Secretary Jack Lew stressed at a press conference that the…

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Gulf investor interest highlights Egypt’s retail upside

Dubai-based retail group Majid Al Futtaim (MAF) has plans to invest around…

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Pioneers Holding to buy 60% of Roaya Group: CEO

Reuters - Pioneers Holding plans to acquire a 60% stake in real…

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EFG seeks to increase assets under management in Egypt

Reuters - EFG Hermes, one of the largest investment banks in the…

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Central Bank of Egypt earmarks $1.44bn for low-cost housing

Reuters - Egypt’s central bank said on Tuesday it would allocate EGP…

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Gulf ties could aid Islamic finance in Italy

Reuters - Bankers and academics in Italy are stepping up efforts to…

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Egypt receives UAE financing to support capital spending, a credit positive: Moody’s

This is the second increase in budgeted expenditures in the current 2013-14…

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