Egyptian Investment Minister Ashraf Salman has discussed Wednesday plans to carry out petrochemicals project in Egypt with the representatives of the U.S. Export-Import Bank, Export-Import Bank of Korea (Korea Eximbank).
The project is set to be (...)
Multiple major Italian companies have expressed keenness to participate in solar energy projects in Egypt within the coming period, said Maurizio Massari, the Italian ambassador to Cairo.
This comes following a meeting between the Italian officials (...)
The Egyptian Holding Company for Pharmaceuticals (HoldiPharma)'s head announced Saturday that affiliates reported 9% increase in revenues to EGP 2.5 billion (US$349.2 million) for the first quarter of current fiscal year.
According to chairman Adel (...)
Deutsche Bank intends to allocate $35 million in grants to Egypt within a total of $150 earmarked for Africa, said Sebastian Kahlfeld - senior fund manager at DWS Investments, the bank's investment arm.
The announcement has been made during his (...)
Saudi-based Construction Products Holding Company (CPC) is planning to pump around US$80 million worth of new investments in Egypt through constructing three plants soon.
Referring to the three projects, Riad Kiwan - Chief Operating Officer at CPC – (...)
Electrolux, the world's No. 2 home appliances maker, is planning new investments amounting to $500 million in Egypt once the country finalises its post-Morsi roadmap.
According to Niazi Sallam, Chairman of Paradise Capital, the Swedish company is (...)
Cairo Financial Holding targets by the end of this year increasing volume of assets under management (AUM) to EGP6.7 billion ($941,5 million), said CEO Ashraf Salman.
CFH Holding's AUM currently stood at value of EGP 4.7 billion.
Speaking to Amwal (...)
Cairo Financial Holding (CFH Holding) plans to manage an IPO for an Egyptian company into the local stock exchange, within next year, CEO Ashraf Salman said on Monday.
Speaking to Amwal Al Ghad, Salman said CFH will manage an initial public offering (...)
Cairo Financial Holding S.A.E. (CFH Holding) is currently capturing total assets under management (AUM) of EGP 7.4 billion, CEO Ashraf Salman said on Thursday.
CFH has a diversity of AUM, through portfolio management and 4 mutual funds to leading (...)
EFSA chief to Amwal al-Ghad:
Microfinance draft law to be finalized before submission to Ministry of Social Solidarity
Cooperation with CBE and Finance Ministry of Finance to define market obstacles
Amendments to regulations in bid to boost (...)
EFG-Hermes said it will announce the date of its extraordinary shareholders meeting with a week. EFG-Hermes added that its ESM aims to provide its shareholder with all the disclosures and details; QInvest buyout deal in particular regarding the (...)
Osama Saleh, minister of investment, said the ministry reopened the settlement file among a number of Egyptian, Arab and foreign businessmen.
Saleh added that the ministry will continue its plan which aims at developing the public sector's company; (...)