Top StoriesSTC delays purchase of stake in Vodafone Egypt by two monthsGBO CorrespondentJuly 13, 2020 GBO CorrespondentJuly 13, 2020 Earlier, STC agreed to buy a 55% stake in Vodafone Egypt...
EnergyIFC to invest $10 mn in Egypt’s energy sectorGBO CorrespondentJune 23, 2020 GBO CorrespondentJune 23, 2020 The funding will go towards helping Globaltronics expand on the installation of...
EnergyEgypt to invest $114 mn to upgrade electricity network in 2021GBO CorrespondentApril 28, 2020 GBO CorrespondentApril 28, 2020 The investment is for the Sinai and Suez Canal regions and Sharqeya...
Top StoriesEFG Hermes, PayTabs launch cutting-edge payment platform in EgyptGBO CorrespondentApril 14, 2020 GBO CorrespondentApril 14, 2020 PayTabs Egypt platform will provide merchants and businesses with QR codes and...
Top StoriesEgypt grounds all flights till mid-April amid coronavirus pandemicGBO CorrespondentMarch 26, 2020 GBO CorrespondentMarch 26, 2020 Egyptian airports will also remain closed during the period...
Top StoriesEgyptian heatchtech Veezeta secures $40 mn funding for expansionGBO CorrespondentFebruary 12, 2020 GBO CorrespondentFebruary 12, 2020 Investors who took part in the funding round include Gulf Capital, Saudi...
Top StoriesEgypt’s CIB to raise E£15 bn to fuel expansionGBO CorrespondentFebruary 5, 2020 GBO CorrespondentFebruary 5, 2020 The proposal is subject to approval from the general assembly meeting, which...
Energy Top StoriesEgypt’s SDX Energy announces new gas discovery in MoroccoGBO CorrespondentJanuary 31, 2020 GBO CorrespondentJanuary 31, 2020 The North Africa-directed exploration and production firm is also getting ready to...