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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…
We’re getting our export council back
Egypt is resurrecting a council responsible for overseeing the country’s exports, according to a presidential decision green-lit today during the…
Hyundai Rotem, NERIC to manufacture railcars in Egypt
South Korea’s Hyundai Rotem will partner with the National Egyptian Railway Industries Company (NERIC) to produce railcars in Egypt after…
Underage marriage = no welfare benefits
SMART POLICY- Financial support from the Takaful and Karama program could become contingent on families refraining from marrying off underage…
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