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Infrastructure 
Reduced tariffs on steel rebars + iron billets
Reduced tariffs on steel rebars + iron billets: The Trade and Industry Ministry reduced import tariffs on iron billets last…
Big plans for railway manufacturing in the SCZone
Four foreign companies have bid to partner on a facility that will produce rail cars in the Suez Canal Economic…
We smell a data hub
Egypt is in “promising talks” with foreign companies to invest in establishing data centers in the country, CIT Minister Amr…
Three foreign companies bidding to manage Egypt’s railways
Three foreign companies are bidding to help manage Egypt’s railways: The Transport Ministry is in talks with three unnamed international…
Ka-ching
Tourists’ average spending in Egypt this year is expected to come in at USD 95 per night, Deputy Tourism Minister…
Proposals for a private sector minimum wage are moving forward
Proposals to mandate a minimum wage for private-sector employees will be drafted this month, the Planning Ministry said in a…
THIS MORNING: Welcome to EFG Hermes + hotel restaurants, beaches will still be open this Eid holiday
Good morning, everyone, and welcome to another abridged workweek. We now have three days of work and, for those who…
Also on our Radar on 6 May 2021
The share transfer process in First Abu Dhabi Bank’s (FAB) acquisition of Bank Audi’s Egypt unit has been completed, sell-side…
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