DFIs remain an important source of FX, technical assistance and partnership coordination for Egyptian businesses and MSMEs
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Egypt, US discuss refugees, aid as Gaza siege deepens humanitarian crisis
More than 1.1k Palestinians have been killed in Israel’s bombing campaign, while the blockade on aid threatens to cause a “catastrophic” situation
Negotiations underway for Sixth October-Abu Simbel high-speed rail line loan
We might be getting fresh funding for our second high-speed rail line: The Madbouly government has opened talks with international lenders for a USD 2.1 bn soft loan to help fund the second phase of the 2k-km high-speed rail line between Sixth October and Abu Simbel, reports Asharq Business, citing two unnamed government sources. German […]
Another night all about the Gaza war
Egyptian and regional political figures weighed in on the Gaza war
Israel had advanced knowledge of Hamas attack, US lawmaker confirms
Egypt’s response to the conflict in Gaza is leading the conversation internationally this morning: A senior US lawmaker has backed up reports in the press earlier this week that alleged Israel had ignored warnings from Egypt about a planned attack by Hamas. “We know that Egypt has warned the Israelis three days prior that an […]
Gov’t wants to start drawing on the EBRD’s financial contribution to the NWFE energy project. PLUS: News from Pachin, Vezeeta, Contact Financial, Roboost, and McDonald’s.
The EBRD has pledged USD 200-300 mn to the energy pillar of NWFE, which aims to replace aging gas-fired power stations with renewable energy