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Where tires go to die
Where tires go to die: A few years back, the village of Mit El Haroun in Gharbia drew attention among…
Egypt takes out USD 10.3 bn of development loans in 2021
Egypt borrowed USD 10.3 bn from bilateral and multilateral lenders in 2021, according to the International Cooperation Ministry’s annual report…
EGP 30 bn to be pumped into state-owned oil companies next fiscal year
EGP 30 bn has been earmarked to develop state-owned oil companies in the FY2022-2023 budget, Oil Minister Tarek El Molla…
THIS MORNING: Banks given green light to lend via mobile wallets; Pandemic vs. Endemic; US-Russia tensions rise
Good morning, wonderful people, and welcome to what’s shaping up to be a very busy news week. Let’s jump right…
THIS EVENING: EGX-listed Taaleem saw a 24% y-o-y increase in its bottomline in 1Q2021-22 + Local firms in line to receive a piece of APICORP and IsDB’s USD 1 bn Infra Initiative
It’s been refreshingly slow news day on the local front, ladies and gentlemen. However, we have plenty to read, bing…
Mining “cities” and Egypt’s first gold refinery coming soon -El Molla
Egypt plans to develop industrial mining “cities” for the extraction of gold, copper, and phosphate, Bloomberg Asharq quoted Oil Minister…
Meeza card rollout for gov’t workers set to wrap up end-Jan
Meeza cards to replace all gov’t payroll cards by the end of January: Around 4.3 mn public sector workers will…
Private sector strategy cometh?
A shot in the arm for private sector participation in the economy? The government is preparing a strategy to enhance…
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