Tag: Egypt

Pharco Pharmaceuticals
BusinessHot News

Egypt’s Pharco to start $49 million Saudi drug plant by mid-2027

Pharco Saudi drug plant begins production in mid-2027 as Egypt's drugmaker expands manufacturing and weighs two African factories.

Timilehin Adejumobi Timilehin Adejumobi
Accor sets sights on 25,000 new hotel rooms across Egypt
TourismBusiness

Accor sets sights on 25,000 new hotel rooms across Egypt

Accor plans to add 25,000 hotel rooms in Egypt within three years, expand its brands and support hospitality training through a new academy.

Oluwatosin Alao Oluwatosin Alao
Beltone Holding
BusinessHot News

Egypt’s Beltone Holding profit falls 50% to $12.9 million despite revenue surge

Beltone Holding’s first-half profit fell 50 percent to $12.9 million despite revenue rising 125 percent to $283.4 million.

Omokolade Ajayi Omokolade Ajayi
Egyptian mobility company Swvl Holdings Corp
BusinessHot News

Egypt’s Swvl raises $13 million in investment led by Sawiris-backed Coefficient

Swvl raises $13 million, led by Sawiris-backed Coefficient, as the Egyptian mobility company expands its U.S. operations.

Omokolade Ajayi Omokolade Ajayi
Egypt turns to alternative energy sources to meet demand after gas attack
Global NewsBusiness

Egypt turns to alternative energy sources to meet demand after gas attack

Egypt secures alternative energy supplies after a drone attack damaged a gas vessel, assuring fuel reserves and stable electricity during peak demand.

Oluwatosin Alao Oluwatosin Alao
Ali Dayekh
BusinessHot News

Meet Egypt’s businessman, Ali Dayekh, with shares worth over $150 million on EGX

Egypt's businessman, Ali Dayekh holds over $150 million in EGX shares, with major stakes in banking, distribution, and investment firms.

Feyisayo Ajayi Feyisayo Ajayi
Nammos Hotels & Resorts
TourismLuxury

Nammos to open ultra-luxury resort and residences on Egypt’s North Coast

Nammos Hotels & Resorts will open its first Egypt luxury resort and residences at Ras El Hekma, boosting North Coast tourism and investment.

Oluwatosin Alao Oluwatosin Alao
Marriott International, the world’s largest hotel chain.
LuxuryBusinessHot News

Marriott to add nine Egypt hotels with more than 1,800 rooms under new deal

Marriott, the world’s largest hotel chain, will develop nine hotels with more than 1,800 rooms across Egypt, backing the country's tourism expansion and investment drive.

Omokolade Ajayi Omokolade Ajayi
Commercial International Bank (CIB)
BusinessHot News

Egypt’s 10 most valuable firms in 2026

Egypt’s top firms gained as market value hit $77 billion, driven by banking strength, industrial growth, and rising investor confidence.

Feyisayo Ajayi Feyisayo Ajayi
Egypt approves four oil and gas deals, including Perenco's North Sinai project, as it seeks to raise gas output and strengthen energy security.
BusinessHot News

Egypt approves Perenco North Sinai project in new oil and gas deals

Egypt approves four oil and gas deals, including Perenco's North Sinai project, as it seeks to raise gas output and strengthen energy security.

Oluwatosin Alao Oluwatosin Alao
Egypt seeks long-term LNG deals with Shell, BP and TotalEnergies
BusinessHot News

Egypt seeks long-term LNG deals with Shell, BP and TotalEnergies

Egypt seeks long-term LNG deals with Shell, BP and TotalEnergies as declining gas output pushes Egypt to secure energy supplies.

Oluwatosin Alao Oluwatosin Alao
BusinessHot News

Egypt’s Mobica to invest $20 million in manufacturing, launches $10 million tech ETF

Mobica plans $20 million manufacturing expansion and launches $10 million tech ETF, signaling Egyptian industry’s shift toward innovation.

Feyisayo Ajayi Feyisayo Ajayi