The tripartite meeting was held in Egypt
The elevated prices are triggering concerns about growing food insecurity
Gulf Capital has already invested over $300m in Egypt in sectors such as technology, infrastructure, manufacturing, petrochemicals and healthcare
UAE-based National Petroleum Construction Company signed agreements with leading Egyptian companies to explore growth opportunities in the MENA region
The company, a joint partnership between Abu Dhabi’s ADNOC and the Netherlands-based OCI, reported a revenue rise of 113 per cent to $3.31bn in 2021
The field could contain around 100 million barrels in reserves
The lender reported its profit jumped 33 per cent in 2021 to Dhs4.4bn
Whether it is acquiring new international brands or developing homegrown concepts, when an opportunity presents itself, we go after it
Sun & Sand Sports, a GMG brand and the Middle East’s sports retailer, is already slated to open at the City Centre Almaza as well as Mall of Egypt
It marked a 107 per cent year-on-year rise over the $182m it received in 2020
Dana Gas has invested over $2bn since first entering Egypt in 2007
Production is set to begin in 2023, with output increasing to an annual 20,000 units over three years
GMG will become the official distributor partner for Nike in Egypt by June 2022, covering everything from brand management to retail and distribution
Its passenger volumes in the third quarter totalled 6.7 million
AD Ports signed an MoU with the Egyptian Group for Multipurpose Terminals, the commercial arm of the Egyptian Ministry of Transportation
The consortium is offering a purchase price of EGP20 per share, valuing the company at $453m
The latest decision comes following a decline in the number of new Covid-19 cases in Kuwait
The group is pursuing a strategy to grow through acquisitions and investment in its food and beverage business
Demand for secure connection, remote work solutions, data analytics capabilities, and as-a-service solutions will be met by the sales hub
Mohamed brings over 20 years of experience working in Egypt’s technology industry
The kingdom’s Purchasing Managers’ Index survey compiled by IHS Markit rose to the highest since January
Deliberations are in the early stages and there’s no certainty ADQ will proceed with any transaction
Passengers will be able to apply and pay for the visa via the carrier’s website itself
The transaction will be structured as a capital increase that will raise the paid-in capital of the bank to EGP5bn
The discovery of a 3,000-year-old city may just be the impetus required for Egypt’s tourism
The developer may invest between $1bn to $1.5bn in the next 12- to 18 months on acquisitions abroad and at home
The incident was the third railway incident in Egypt in a month
The Suez Canal Authority has said compensation is needed to cover losses of transit fees
Overall, 422 vessels passed through since the tanker was freed on March 29
ADQ is now Abu Dhabi’s third-largest sovereign wealth fund