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Infection numbers expected to peter out next week
Are we past the covid third wave danger zone? Covid-19 cases are likely to start declining as of next week,…
TONIGHT: Gaza crisis resolution; Blinken ME tour to land in Cairo; RyanAir hijacking causes consternation; SPAC party hits EU; BTC meltdown continues
After a slow morning, we’re getting a flood of stories running the gamut of investment, to Egypt macro trends to…
Egyptian Iron + Steel mining spinoff inches closer to listing
The listing of Egyptian Iron and Steel’s mining spinoff edged closer last week after the Financial Regulatory Authority (FRA) gave…
Zabaleen are getting new competition in Cairo
Gov’t hires two private companies for municipal solid waste management around Cairo: Four ministries signed contracts with Ertekaa Integrated Services…
OC, Samcrete, and Arab Contractors in talks for EGP 7.5 bn railway renovations
The Transport Ministry is in talks with Orascom Construction, Samcrete and the Arab Contractors to overhaul and upgrade some 820…
New civil servants minimum wage gets nod from cabinet, still no word on private sector floor
Cabinet greenlit bringing the minimum wage increase to EGP 2.4k from EGP 2k for civil servants into effect at the…
IDA exec regs are the law of the land + sovereign sukuk inch closer to legislative clearance
The wait is over for industrial investors: The executive regulations to the law regulating the Industrial Development Authority (IDA) come…
TONIGHT: Alex Medical bid war updates; RenCap’s MENA update coming.
Hump day in this short week is almost over, ladies and gentlemen. Enjoy it, as it will likely be the…
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