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
The airline served more than 12.8 million passengers in 2022 from its seven hubs across the UAE, Morocco, Egypt, Armenia, and Pakistan
The ADX-listed company reported a 15 per cent year-on-year growth in EBITDA, totalling Dhs3.52bn in 2022
Revenue rose 17 per cent to reach $529m last year, compared to $452m in 2021
Founded by Egyptian entrepreneurs, the platform enables omnichannel retailers to have a 360–degree view across all customer touchpoints
The bank’s ownership in the Egyptian unit has risen to 52.607 per cent
The new openings bring the number of Dubai International Chamber’s representative offices around the world to 15
The company signed an agreement with the Egypt’s Information Technology Industry Development Agency to expand operations in the country
The startup will launch Saudi Arabia operations with investment in a new office and local hiring
Agthia has acquired 60 per cent of the Auf Group, with the Egyptian company’s founders retaining a 30 per cent stake
The company will build, own and operate the 500MW solar PV plant and 500MW wind farm in the country
COP27 and COP28, being held in Egypt and the UAE respectively, place the Middle East at the centre in efforts against climate change. Here’s what the region can contribute towards building sustainable future
From ESG reporting and finance to climate risk assessment, business leaders must recognise sustainability as a core element of their business strategy and plan accordingly
The conference will welcome world leaders, heads of government, and representatives of international bodies and civil societies
With more than 2000 speakers and over 40,000 participants, the event will oversee leaders and activists share ideas, solutions and innovative projects for climate action
The two entities will implement waste management strategies that align with Egypt’s sustainability agenda
Carrefour has partnered with Merge, an IT company to launch simultaneous sign language interpretation in its stores
The agreement will allow Egypt Post to study, analyse and develop current business cycles in a practical way
The group acquired a 70 per cent equity stake in two Egypt-based maritime companies – Transmar International Shipping Company and Transcargo International