Local fashion is now sold online, and has a large niche audience that is loyal to several brands that have established themselves.
The transaction was executed on 235 million shares at an average price of EGP 0.475 per share.
The project is executed in partnership with the German engineering group thyssenkrupp.
The percentage of GB Capital in GB Leasing’s capital became 55% after the sale.
DeFacto, the global fashion brand continues its investments in Egypt which it started by opening its first store in 2013, without losing momentum.
The transaction was executed on 235mln of Electro Cable’s shares.
The technical and specialized clothing industry is the most important emerging field, which enjoys a rapidly growing global market.
It is a milestone to communicate wider audience and take out the language barriers in the Middle East region.
The new service launched by the company aims to support young men and women in increasing their income by providing a new job opportunity from home.
According to the organisers, it was the most successful Food Africa in its history and a pacprocess MEA on course for growth.
The Sukari mine has produced more than 5 million ounces of gold, and today the expected life of the mine is 14 years.
The company said that the program was after drilling a total of 9,073 meters from 85 holes.
The EAEA chief noted since crude uranium cannot be used in nuclear power plant reactors, Cairo will have to send it to other countries for processing.
The meeting came within the framework of the state’s strategic plan to expand the areas of agricultural land nationwide.
General Department of Public Funds Investigations had arrested some speculators in gold prices, who are behind the sharp price of gold.
A car manufacturing complex is under construction in East Port Said to lure further investments.
Metal+Steel Egypt from 2 to 4 September 2023, 4 trade fairs will be held at the Egypt International Exhibition Center for the first time.
The electrical grid plays a key role in Egypt’s initiatives for economic growth; a secure power supply is at the heart of its expanding economy.
Egypt’s agrifood group Haj Arafa has announced plans to build a US$4 million date packaging unit next year in the Siwa oasis, west of Egypt.
The plant will have total capacity of 1.5 million devices per year and will provide 2,000 direct and indirect job opportunities.