May 11, 2021

Egypt said to propose production cuts to ease cement glut

CAIRO: The Egyptian government has proposed that cement makers cut production by a baseline of 10 percent to shore up finances ravaged by an expanding......

May 11, 2021

FMPlus, Morganti partner to boost real estate asset management

ArabFinance: FMPlus+ Property and Facility Management signed a partnership with the US-based Morganti, specialized in construction and project management,......

May 10, 2021

Arabian Cement loss shrinks

ArabFinance: Arabian Cement Company (ACC) (ARCC) suffered a consolidated net loss of EGP 6.334 million in quarter one (Q1) 2021, according to the......

May 10, 2021

El Baron Developments launches Vigor project in New Capital with EGP 650m investments

El Baron Developments has launched a new project, Vigor, in the Downtown area at the New Administrative Capital, eastern Cairo, with a total investment......

May 5, 2021

ARZAN WEALTH SUCCESSFULLY SELLS ANOTHER PROPERTY FROM “SINGLE TENANT PORTFOLIO” IN USA

Arzan Wealth (DIFC) Limited (‘Arzan Wealth’), a Dubai-based advisory firm regulated by the Dubai Financial Services Authority, is pleased......

April 25, 2021

Egypt constructs sewage treatment plants at cost of EGP 31.59bn

Egypt’s Minister of Housing, Utilities and Urban Communities Assem El Gazzar has said that 151 dual and triple wastewater treatment plants......

April 22, 2021

Egypt Aluminum targets LE138M in profits in revised 2021/2022 budget

CAIRO – 21 April 2021: Egypt Aluminum Company targets to achieve a net profit of LE 138.39 million during 2021/2022, according to the indicators......

April 17, 2021

Marseilia for Real Estate okays stock dividends-Egypt

ArabFinance: Marseilia for Real Estate Marseilia for Real Estate Investment (MAAL) ordinary general assembly approved distributing free shares of......

April 14, 2021

Ceramica Remas sets payout date of cash dividends

ArabFinance: The Arab Ceramic Company (Ceramica Remas) (CERA will distribute annual cash dividends of EGP 0.250 per share on April 28th, according......

April 13, 2021

Tatweer Misr signs EGP 3.2bn worth investment contracts for Bloomfields educational zone

Egyptian real estate developer Tatweer Misr has announced the signing of three final contracts worth EGP 3.2bn with three educational entities. The......