EFG Hermes acquires 49% stake in French wind energy firm in $208 million deal
Egypt’s leading investment bank EFG Hermes announced on Wednesday that it has signed $208m deal to acquire a 49% stake ...
Country: Egypt
Full value of Egyptian tourism industry remains untapped
Despite improving throughout the past years, the Egyptian tourism industry continues to be underdeveloped, the Organization for Economic Co-operation and ...
France's Total wins Egypt gas exploration license
French oil company Total has been awarded a license to explore for natural gas in the Nile Delta, a source ...
Egypt to invest $14.5 billion in petrochemicals and refining
Egypt plans to invest $14.5 billion in developing its refining and petrochemicals sectors over the next five years, its oil ...
GCC sales in heavy vehicles set to soar
A new PMV Live report makes encouraging reading for companies selling heavy-duty vehicles in the GCC, predicting a huge rise ...
Plan for $40 billion Egypt housing scheme nearly completed
Dubai construction company Arabtec is close to completing the planning and design stage of its $40 billion deal to build ...
World Bank to offer Egypt $1.5 billion for housing, sanitation projects
World Bank (WB) officials have agreed to grant a $1.5bn concessional loan to the Ministry of Housing, Utilities and Urban ...
Egypt awards oil and gas exploration blocks
Egypt has signed oil and gas exploration deals worth $187 million with several Western companies and a Tunisian firm, the ...
Looking to Suez expansion for economic growth in Egypt
Hopes are rising that a $4bn project to widen the Suez Canal will provide Egypt with a boost in construction ...
Egypt raises $8.5 billion for Suez Canal expansion
Egypt has raised the $8.5 billion it needs to fund a project to expand the Suez Canal in just eight ...
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