Egypt’s EGPC to receive a 10bn loan

The Egyptian General Petroleum Corporation (EGPC) is working on obtaining an EGP 10 billion loan from a bank consortium, reported Al Mal. The deal is...

B.TECH plans investments worth EGP 250m in 2017

B.TECH, a retailer for electronics and home appliances in Egypt, plans to pump investments worth EGP 250 million during 2017, the company’s chairman, Mahmoud...

Hisham Ezz Al Arab, Head of the Federation of Egyptian Banks for further tenure

The Board of Directors of the Federation of Egyptian Banks selected Hisham Ezz Al Arab, Chairman of Commercial International Bank (CIB), to be president...

29/03/2017 Tenders

Energy, Power, Electrical Equipment and Services Client : Real Estate Taxes Organisation Address :  15, El Mansour Mohamed - Lazoughy - Cairo Tender : General tender No....

Egypt to list 24% of Enppi – Chairman

The chairman of Engineering for Petroleum and Process Industries (Enppi) said that the company has received the approval to proceed with the required actions...

28/03/2017 Tenders

Water & Sanitation Client : The Company of Potable Water & Sanitary Drainage at Kafr El-Sheikh Address : Kafr El Sheikh Governorate Tender : General tender for...

EGX closes Tuesday in green; market cap up EGP1.2bn

The Egyptian Exchange (EGX) ended Tuesday’s trading session in a rise, supported by the buying activity of foreign and Arab investors. The benchmark index EGX30...

Amazon acquires Souq for undisclosed amount

Amazon has announced on Tuesday that it has reached an agreement to acquire Souq.com, according to a press release. “Joining the Amazon family will enable Souq.com to...

Telecom Egypt OGM approves board reshuffle – Source

Telecom Egypt’s ordinary general meeting (OGM) approved on Tuesday reshaping the board of directors, a source told Mubasher wepsite. The OGM’s decision resulted in replacing...

Tarek Amer: CBE supplied $30bn since flotation

The Central Bank of Egypt (CBE) has secured a supply of $30 billion to the Egyptian government since its decision to float the pound...

27/03/2017 Tenders

Architecture & Urban Development Client : Ministry of Housing, Civils and New Communities Badr City Development Agency Address :  K46, Cairo/Suez Desert Road Tender : Supply and erection...
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Al Molla inspects the Suez Methanol Derivatives Plant in Damietta

Minister of Petroleum and Mineral Resources Tarek Al Molla has inspected the construction work of the Suez Methanol Derivatives Plant in Damietta...

Petroleum Marine Services Company (PMS) Profits increase 28% in 2023

Minister of Petroleum and Mineral Resources, Eng. Tarek El Molla has attended remotely the general assembly of Petroleum Marine Services Company (PMS) which...

Misr Maintenance Company achieves EGP 8.8 bn revenues

The General Assembly of the Misr Maintenance Company was held on Sunday, March 31, where the results of the company’s work for...