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The alliance includes 11 clothing companies
23 January 10:10 PM Fashion 180 alliance plans to invest EGP 10bn in Egypt
By: Abdullah Bedeir Cairo – Mubasher: Head of Fashion 180 alliance Ahmed Smakieh on Thursday announced the formation of the biggest alliance for clothes trading and manufacturing in Egypt under a single trademark, with total investments of EGP 5 …
Part of the signing ceremony
23 January 08:00 PM Raya Holding to expand Egypt’s investments to EGP 150m in five years
Cairo – Mubasher: Raya Holding for Financial Investment is planning to increase investments in Egypt to EGP 150 million over the coming five years, according to a statement released on Thursday. The company signed a franchise agreement with …
Part of the signing ceremony
23 January 05:54 PM Tsebo to up investments in Egypt to $50m
Cairo – Mubasher: Tsebo Egypt is planning to increase its investments in Egypt from $20 million to $50 million, the company’s managing director Ramy Salah stated on Thursday. The company is operating in more than 5,000 locations and companies all …
23 January 05:01 PM ‘Jatri’ app seeks to attract MENA investors to Bangladesh
Mubasher: Jatri has raised an undisclosed amount of seed funding backed by Dubai-based Falcon Network and Tahseen Consulting as well as other global angel investors.
Roads and entrances to the city will be developed at a cost of EGP 455 million
22 January 01:00 PM Egypt executes EGP 1.5bn New Borg El-Arab development plan
Cairo – Mubasher: The Egyptian Ministry of Housing, Utilities, and Urban Communities has approved the master plan for New Borg El-Arab city to be developed as a comprehensive urban community. At a combined cost of EGP 1.5 billion, roads and …
The deals include the drilling of 38 wells
20 January 12:08 PM Egypt inks 9 oil, gas deals with $452m investments
Cairo – Mubasher: Egypt has signed nine agreements for oil and gas exploration and production in areas in the Mediterranean Sea and the Western Desert, the country’s oil minister, Tarek El-Molla, said. The deals include the drilling of 38 wells …
Samih Sawiris as a speaker at RiseUp Summit 2019
9 December 2019 04:44 PM Samih Sawiris speaks out on personal & business habits during RiseUp
By: Ingy ElSafy Cairo – Mubasher: A lot of people lack the presence of a role model or mentor in their lives to take after and aspire when it comes to both personal and business matters. The Egyptian billionaire Samih Sawiris has opened up before …
EFG Hermes will own 50% stake in FIM
18 July 2017 01:10 PM EFG Hermes UAE acquires 50% stake in FIM
Abu Dhabi – Mubasher: EFG Hermes UAE, a wholly owned subsidiary of Egypt-based EFG Hermes Holding, inked definitive agreements to invest $21.5 million in Frontier Investment Management Partners (FIM). EFG Hermes will own 50% stake in FIM, while …