Latest News for: egp

Edit

Madinet Masr signs EGP 1.45bn MoU with Forward Contractors for Sarai construction works

Daily News Egypt 24 Dec 2025
Madinet Masr has signed a memorandum of understanding (MoU) with Forward Contractors to execute construction works worth EGP 1.45bn at Sarai, the company’s mixed-use development in East Cairo ... ....
Edit

Non-bank financing in Egypt surpasses EGP 1trn for first time, FRA data shows

Daily News Egypt 24 Dec 2025
Non-bank financing granted by entities supervised by Egypt’s Financial Regulatory Authority (FRA) exceeded EGP 1trn for the first time, reaching EGP 1.1trn during the first ten months of 2025, the regulator said in a statement.
Edit

Quantum Investment BV raises stake in Edita Food Industries in EGP 1.26bn block trade

Daily News Egypt 23 Dec 2025
Quantum Investment BV has increased its stake in Edita Food Industries through a block trade valued at EGP 1.26bn, reinforcing investor confidence in the company and in Egypt’s capital markets.
Edit

Egypt’s “Decent Life” initiative targets EGP 4.7bn investment for sewage, health in Al-Saff and Atfih

Daily News Egypt 23 Dec 2025
Infrastructure and service projects totalling 70 across Giza’s Atfih and Al-Saff districts have reached a combined investment of EGP 4.7bn, Housing Minister Sherif El-Sherbiny announced during a prime ministerial tour on Tuesday ... ....
Edit

Egypt signs EGP 500m deal with Titan to build three waste treatment facilities in Sharqeya

Daily News Egypt 22 Dec 2025
Awad said the project will process at least 3,000 tonnes of waste per day across Sharqeya and ensure the environmentally safe disposal of residual waste, with total investments reaching up to EGP 500m ... ....
Edit

Main Development Company signs EGP 1bn deal for West Qantara industrial site

Daily News Egypt 22 Dec 2025
The Suez Canal Economic Zone (SCZONE) signed a EGP 1bn usufruct contract on Monday with the Main Development Company (MDC) to develop pre-built factories in the West Qantara industrial zone.
Edit

EFG Hermes Concludes Advisory on MLF Finance’s First Securitization Issuance Worth EGP 1.139 Billion" /> ...

El Fagr 21 Dec 2025
... the company’s first issuance under its new EGP 12 billion.
Edit

Gold prices in Egypt surge by over EGP 2,000 in 2025: iSagha

Daily News Egypt 21 Dec 2025
Saied Embaby, CEO of iSagha, said local gold prices increased by roughly EGP 45 over the week. The price of 21-karat gold opened trading at EGP 5,745 per gram, touched EGP 5,800, and closed at EGP 5,790.
Edit

Egypt taps private sector to manage state textile plants following multi-billion EGP investment

Daily News Egypt 21 Dec 2025
Egypt is enlisting private sector firms to manage and operate state-owned textile factories following the expenditure of billions of Egyptian pounds on development projects, Prime Minister Mostafa Madbouly said on Sunday ... ....
×