The group’s revenues in the six months to June 30 surged by 10.3 per cent year-on-year to Dhs2.2bn
The power plant is expected to provide the Egyptian economy with $6.5bn in savings in annual natural gas costs and create up to 120,000 job opportunities
The bank said access to InstaPay App will offer its customers a new level of convenience and flexibility in managing their finances
Financial services embedded into existing business models are no longer optional, but necessary
Yara Yassin, co-founder of Up-fuse, tells us how the slow fashion brand is wasting no opportunity to transform plastics bags, bottles and tyres into trendy fashion accessories
The new-build property is expected to open in early 2025
The flights will operate on Wednesday and Sunday, starting November 1
The direct flights will connect Cairo International Airport with Prince Abdul Mohsin bin Abdulaziz International Airport starting from August 4, 2023
The 300-key voco North Coast is scheduled to open in December 2026
It will operate thrice-weekly nonstop services from Riyadh and Jeddah
The wind farm will help Egypt meet its strategic objective of sourcing 42 per cent of its energy from renewables by 2030
The 283-key Hyatt Centric Cairo West will open in the capital’s Pyramids Heights Business Park
The change in the brand name will not impact the current management structure and reporting lines, day-to-day operations, or the level of support and cross-selling that will continue between the group’s three verticals
The programme allows companies to monetise their receivables at competitive rates and get instant payments, without needing to borrow funds
The group recorded a 129 per cent year-on-year rise in revenue to EGP4.5bn in Q1 2023
The InterContinental West Cairo 205 and voco West Cairo 205 Suites will together add 390 keys to the group’s portfolio in Egypt
The second offering, dedicated to staffers of Telecom Egypt, started on Sunday and will go on until May 25
The property firm said its investment in SODIC was one of the largest foreign investments in the Egyptian real estate sector
The project already has equity bridge loans of $14m from the EBRD and $45m from the APICORP
The twice-weekly flights will operate from Dubai World Central airport every Thursday and Monday
On a monthly basis, prices grew 2.7 per cent, compared with 6.5 per cent in February
The bank signed off on EUR318m ($344.5m) towards the financing of Phase I of the Electric Express Train Project in Egypt
The company’s materials contribute to reducing carbon emissions generated during the manufacturing process of the pipes and their operational lifespan
The ports operator will develop projects in the ports of East Port Said, West Port Said and Al Areesh
The framework’s projects will be supported with $7bn in lending, comprising of $1bn a year from the International Bank for Reconstruction and Development
By 2025, GMG aims to double its global workforce through acquisitions, developing fresh concepts and entering new geographies
The A321neo brings 20 per cent reduction in fuel consumption and emissions per seat
The agreements were signed at the third Higher Committee meeting of the Industrial Partnership for Sustainable Economic Development, held in Amman on February 26
Emirates NBD said that the sukuk received strong appetite from regional and global emerging market investors
The Egyptian capital will be served with 28 weekly flights, starting October 29