Business
Raya Holding’s founder seeks bank finance to acquire 58% stake
Company plans to hold talks with investments banks to resolve issue
MENA Cables Transaction saved bottom line for Orascom Investment in Q3: report
Company posted a 346% y-o-y hike in consolidated profits for 9M18
Banking
Banque du Caire aims to expand routes to support foreign trade, back Egyptian exporters
NBE secure EGP 300m to Zewail City of Science, Technology: Okasha
CBE reviews interest rates on Thursday
Egypt repays $1.36bn worth of international bonds in December
CBE to apply new obligatory entrepreneurship certification for bankers
Highest level of FX reserves in history reached by end of October
Real Estate
Marseilia Group achieves EGP 1bn in sales end-October
Company targets sales of EGP 3bn in 2019, says chairperson
El Mostakbal to offer 1000-feddan mixed use project in city beginning 2019
EGP 1.5bn of Zahya project’s sales in just three days
1.8m cases of encroachment on agricultural lands: MP
Energy
Eight Egyptian renewable energy firms to visit UK late November: EBCC
British companies aim to cooperate with Egyptian peers to offer renewable energy solutions, says Gray
Borolos, Rashid fields output up to 450m feet by end 2018/19
Egypt sends its notes about electric connection studies with Cyprus to Euro Africa
Dana Gas production in Egypt fell by 5,100 barrels of oil equivalent
Industry
Cold Alex aims to export 13,000 tonnes in 2018
Europe accounts for 40% of company's exports, followed by Arab, Gulf markets
Trading Partners for Food Industries targets 50% increased production
Raya Food Industries raises production capacity to 32,000 tonnes by end of 2018
Arma For Food Industry invests EGP 150m to develop production line, train labour
Prices of November deliveries moving slowly
Easy, breezy, car shifting price gears
Tourism
40%, increase in number of tourists to Egypt in first 9 months of 2018: Al-Mashat
German tourists rank 1st followed by British tourists, Ukraine tourists, says Al-Zayat
Tourism Ministry seeks to launch new private equity fund to overhaul sector
Egypt’s tourism to contribute 15% to GDP this year: Al-Mashat
Hurghada, Sharm El-Sheikh expect to witness 44% and 40% growth in revenues per rooms: Colliers
Technology
World’s data, privacy, balancing risks with benefits
Balanced, inclusive, accountable data policies, fundamental in addressing growing trust concerns seen throughout today’s world, says...
