Latest News Egypt

Rail transport

03/09/2020 at 19h33, 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 12h49, by Africa Business+

LafargeHolcim withdraws from aggregates in Egypt

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

Agri-food industry

06/07/2020 at 16h01, by Africa 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

16/06/2020 at 17h49, by Aurelie 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

17/04/2020 at 15h45, by Africa 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...

Logistics

16/04/2020 at 16h23, by Africa 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 16h35, by Africa 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.

Mines

03/04/2020 at 16h56, by Aurelie Benoit

Martin Horgan, the man behind Toro Gold, is heading for Centamin 

The expert is taking the reins of the Egyptian mining company, coveted by Endeavour Mining, where Naguib...

Development Bank

21/02/2020 at 07h09, by Aurelie Benoit

Beatrice Maser, the IFC’s new Director for the MENA region

The Swiss expert will take the reins of the region where the development institution invested more than...

Oil & Gas

17/02/2020 at 20h13, by Gaëlle Arenson

Egyptian Refining Co finally operational in 2020 after the turnaround spearheaded by Freshfields

Financing for the more than $4 billion hydrocracking complex was closed in 2012 before the entire project...

Maritime transport

10/01/2020 at 08h07, by Thibaud Teillard

Suez Canal Authority will build a terminal in Alexandria

An investment of 5bn Egyptian pounds (€280m) is materialising for the construction of a multi-purpose...

Mines

13/12/2019 at 20h27, by Gaëlle Arenson

Endeavour Mining not ruling out a hostile bid for Egypt’s Centamin in early 2020

Billionaire businessman Naguib Sawiris owns 30% of Endeavour through his La Mancha Holding Sarl.

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