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Gov’t hikes EV charging tariffs
The Electricity Ministry raised the maximum tariffs for public EV charging stations, introducing new markups for AC and DC networks…
Finance Ministry begins rolling out subsidized loans for manufacturers
Around EGP 6 bn has been disbursed under the EGP 30 bn program
EGP-denominated sukuk close to maiden issuance
Good afternoon, friends, and welcome to the almost-weekend. The news cycle is winding down ahead of the long weekend, and…
FinMin ramps up borrowing target for September on strong demand
FinMin has upped its monthly borrowing target for September to EGP 838 bn, up from EGP 670 bn in August
Foreign firms to invest some USD 340 mn on oil and gas exploration
PLUS- Oil Ministry completed the drilling of the exploratory well North Lotus Deep-1 in the Western Desert
Al Nahyan wraps up two-day trip to Egypt
PLUS- FM Badr Abdelatty urges German counterpart to pressure Israel to end aid restrictions on famine-struck Gaza
FinMin in talks with construction players over new VAT rules, but challenges remain
The discussions saw players highlight a number of hurdles
FinMin in talks with contractors to implement VAT amendments
Good afternoon, friends, and happy almost weekend. It’s a busy afternoon in the global press, with Trump’s trade war on…
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