Latest News Egypt

Health & Education

19/11/2020 at 15h49, by Aurélie Benoit

Sofiane Lahmar outlines the plans for DPI, CDC and EBRD’s new health platform

The British private equity firm has just completed its first two transactions in the sector for $250m,...

Construction & Infra

09/11/2020 at 16h44, by Jeune Afrique Business+

Cemex still awaiting Assiut Cement privatisation verdict from Egypt’s Constitutional Court

A decision from the country’s highest court concerning a retroactive law introduced by the former Acting...

Bank & Insurance

03/11/2020 at 16h42, by Jeune Afrique Business+

Bank Misr working to strengthen Banque du Caire while awaiting its IPO

The public bank and its subsidiary are seeking financing, while the latter’s listing has been postponed...

Construction & Infra

09/10/2020 at 17h36, by Tarik Bargal

Emaar delays final cement plant payment owed to Egyptian company Helwan

More than two years after the takeover, the Dubai-based group has still not paid its entire €36m bill,...

Construction & Infra

14/09/2020 at 18h50, by Jeune Afrique Business+

Nassef Sawiris (Orascom) secures working capital from EBRD

Anticipating a growing need for working capital in the coming months, the Egyptian billionaire’s construction...

Executive Management

03/09/2020 at 21h33, by Pierre-Olivier Rouaud

RATP Dev’s leadership team in Africa

With Laurence Batlle at the helm, RATP Dev has just been awarded the contract to manage Line 3 of the...

Industry

08/07/2020 at 14h49, by Jeune Afrique Business+

LafargeHolcim withdraws from aggregates in Egypt

Even before the beginning of the Covid-19 pandemic – which aggravated the existing crisis in the Egyptian...

Agribusiness

06/07/2020 at 18h01, by Jeune Afrique Business+

PepsiCo plans to export across North Africa from Egypt hub

On the continent, the American giant also has a presence in South Africa.

Bank & Insurance

16/06/2020 at 19h49, by Aurélie Benoit

Commercial International Bank (CIB): Egypt’s green bond pioneer

According to our sources, CIB, one of Egypt’s largest financial institutions, is getting ready to launch...

Telecoms & Media

17/04/2020 at 17h45, by Jeune Afrique Business+

Linklaters and Freshfields work to complete the sale of Vodafone Egypt to Saudi Arabian STC

The Covid-19 pandemic has seen negotiations extended by 90 days. At the beginning of January, a preliminary...

Transport & Logistics

16/04/2020 at 18h23, by Jeune Afrique Business+

APM Terminals invests in Port Said to counter Cosco

Given the expansion of Greece’s Piraeus Port, owned by the Chinese group – also a shareholder in Egypt’s...

Consumer goods & Retail

07/04/2020 at 18h35, by Jeune Afrique Business+

Fawaz Al Hokair boosts his Egyptian real estate assets with $135m IFC loan

One of the largest Saudi shopping centre developers will receive two loans for its projects in Egypt.

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