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Spinning and Weaving Holding co. set to receive EUR 540 mn loan this month
State-owned Holding Company for Spinning and Weaving is expected to receive by the end of this month a EUR 540…
ٍCABINET WATCH
Home / ٍCABINET WATCH
Egypt’s Metro could become an independent authority
The government is planning to make the National Authority for Tunnels (NAT) its own independent authority — akin to the…
Egypt renews six-month Iraqi crude oil import agreement
Egypt has renewed an agreement with Iraq to import 12 mn bbl of crude oil over a six-month period, Oil…
What we’re tracking on 18 August 2020
It’s a busy news day on this second-to-last business day of the week — and we’re really looking forward to…
Egyptian Culture Ministry lands Creative Circles project grant from EUNIC
Egypt wins grant for cultural entrepreneurship incubator: The Culture Ministry landed the EU National Institutes of Culture’s Creative Circles project…
Egypt to trial state workers’ payments through e-wallet “Meeza”
A Finance Ministry trial will see 3k state employees collect their wages using state-owned e-wallet Meeza’s contactless cards instead of…
New cotton trading system for 2020-2021 to rely on public auctions for pricing
The government will implement a new cotton trading system in four governorates — Fayoum, Beni Sueif, Beheira, and Sharqia —…
Zarou plans USD 1 bn investment in energy projects
INVESTMENT WATCH- Zarou plans USD 1 bn investment in energy: Blackstone Group’s energy developer, Zarou, will invest USD 1 bn…
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