The Shariah-compliant financing facility includes $0.5m granted as a six-year musharaka facility to finance repairs and maintenance; a $3.2m short- and long-term murabaha facility to finance working capital for seeds, fertilizers and chemicals; and a …Read full article » Egypt: Monday, August 02 - 2010 @ 11:09
Together, the three companies will become the region’s leading private-sector casting operation with over 40% of the local market for casting products. The group has significant export potential.
United Foundries is a part of the ASEC …Read full article » Egypt: Monday, March 17 - 2008 @ 13:25
Potential solutions to the major hurdles impeding private sector investment in Egypt were also discussed during the meeting. The Minister vowed to address the most pressing issues quickly in order to pave the way for …Read full article » Egypt: Saturday, May 25 - 2013 @ 15:50
TAQA Power is a branch of TAQA Arabia, Citadel Capital’s full-service energy distribution platform with a focus on gas and electricity distribution and fuels marketing.
“We are very pleased to be launching this crucial project, particularly …Read full article » Egypt: Monday, January 21 - 2013 @ 14:05
Berber for Electrical Power’s 42 megawatt power generation operation is now providing all of the electricity needs of Takamol, ASEC Cement’s 1.6 million ton per annum greenfield cement plant in Sudan, under a 20-year offtake …Read full article » Egypt: Monday, May 24 - 2010 @ 14:16
The contract marks the company’s entry into the lucrative Libyan market.
“There is a lot of international interest today in the Libyan market as it is largely untapped. In the energy field, those who have …Read full article » : Sunday, June 07 - 2009 @ 12:23
The new venture, Berber for Electrical Power, will have a total installed capacity of 42 megawatts and will provide all the electricity needs for Takamol, ASEC Cement’s 1.6 million ton per annum greenfield cement plant …Read full article » Egypt: Sunday, January 17 - 2010 @ 16:28
Tanmeyah in partnership with the Egyptian Gulf Bank opened 15 branches in the month of July and issued loans worth EGP8,091,000 to 1,669 clients.
The company’s 15 branches in Cairo and the Delta presently employ …Read full article » Egypt: Tuesday, September 08 - 2009 @ 13:13
Grandview Investment Holdings, a company managed by Sphinx Private Equity Management, announced today that the International Finance Corporation (IFC) is supporting job creation and reducing greenhouse gas emissions in Egypt by investing to complete the …Read full article » Egypt: Sunday, April 03 - 2011 @ 17:15
Sphinx Glass is 51% owned by GlassWorks, a Platform Company established by Citadel Capital and a group of co-investors to pursue opportunities in the glass manufacturing industry. The Dubai Group holds the remaining 49%.
The new …Read full article » Egypt: Sunday, March 07 - 2010 @ 12:15