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Egypt looks to reach financial settlement with Saudi investor over Omar Effendi sale dispute
DISPUTE WATCH- Gov’t looks to reach financial settlement with Saudi investor over Omar Effendi sale dispute: The Holding Company for…
Egypt receives first installment of USD 500 mn World Bank facility
The World Bank has disbursed the first USD 325 mn tranche of a USD 500 mnfacility to subsidize the Takaful…
NAT postpones tender to supply railcars for phase 1 of Cairo Metro Line 4
The National Authority for Tunnels (NAT) has pushed an international tender to supply railcars for phase 1 of Cairo Metro…
Supply Ministry to set up 3 new logistic zones worth EGP 14.5 bn
The Supply Ministry will issue tenders for three logistics zones in the Red Sea, Suez, and Sharqiya governorates that are…
MIH signs MoU with China’s Dongfeng to locally assemble electric cars
China’s Dongfeng wants to locally assemble electric cars: The Public Enterprises MInistry’s Metallurgical Industries Holding Company (MIH) has signed an…
FinMin sees Egypt’s economy growing 5% next fiscal year, Maait says
Gov’t revises its FY2020-2021 growth target upward to 5%: The Finance Ministry sees Egypt’s GDP growing at a 5% clip…
What we’re tracking on 17 June 2020
** We are taking a publication holiday tomorrow to give everyone here a chance to recharge their batteries. Enterprise will…
Sudan calls Ethiopia’s GERD proposal “a retreat from previously agreed upon principles”
Sudan calls Ethiopia’s GERD proposal “a complete retreat from previously agreed upon principles,” according to an Irrigation Ministry statement. That…
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