EFG Hermes expands into renewable energy in Vortex’s acquisition of Pan-European assets
EFG Hermes and EDP Renováveis S.A., reach agreement on the sale of a portfolio of 23 wind farms in Portugal, Spain, France, and Belgium
Nicholas Mehling
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Societe Generale wins Advisory Mandate for Tahrir Petrochemical Complex in Egypt
The agreement mandates Societe Generale to serve as financial advisor to the mega-project, which is planned to be the largest petrochemical plant in the country
Execution of EFG Hermes’s plan for expansion set to begin with the sale of Credit Libanais
EFG’s growth strategy for capturing market share domestically and abroad set for completion by 2017
Al-Sisi’s government engineers bold reforms, more structural adjustment required: IMF
Foreign investors applaud removal of subsidies, VAT, liberalised exchange rate, investment and banking reform, but demand more liberalisation policies from the Egyptian government
Despite insecurity, the banking sector remains stable: Moody’s
Moody’s did not upgrade Egypt’s credit rating, but gave a positive outlook owing to stable short- and medium-term indicators
Booz Allen Hamilton designing solutions for Egypt’s economic and security challenges
Booz Allen signs MOU on cyber security and announces a number of projects and strategies to help the Egyptian economy grow and recover from political turmoil that has recently gripped the nation
New Marx lectures on social justice in Egypt
Thomas Piketty and Zeid Eldin spoke on solutions to Egypt and the region’s wealth inequality Thursday at the American University in Cairo
Despite a slight decrease in Q1 profits, SODIC is set for expansion and higher profits
SODIC announced the completion of a number of major projects, such as the Courtyard development and East Cairo projects, including Villette and Eastown
In Egypt, Novo Nordisk leads the fight in the global war on diabetes
Daily News Egypt interviews the world’s best CEO, Lars Rebien Sorensen
Foreign tourism depression continues but hope for growth pinned to domestic, regional market
Report details the changing market trends in the hospitality market in Cairo, Alexandria, Hurghada, and Sharm El-Sheikh, which comprise the four biggest centres of tourism and development
Streamlining operating costs leads to 65% profit increase for Arafa Holdings
Manufacturing of textiles was disproportionally affected by the slide against the US dollar. However, Concrete Garments, the region’s largest producer of ready-made textiles, maintained profitability