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Infrastructure 
State puts out welcome mat for private business, looking to net USD 40 bn in investment over four years
The state wants to attract USD 10 bn in fresh investment annually over an unspecified four-year period by opening the…
Honeywell eyes USD 200 mn worth of investments in Egypt
US conglomerate Honeywell is looking to invest around USD 200 mn in petrochemicals and the production of green fuels for…
Egypt signs green energy agreements
Egypt has signed major agreements with international companies to produce green energy in the Suez Canal Economic Zone (SCZone) in…
THIS MORNING: A brief workweek before another long holiday + Big pressures on the world’s palm oil
Good morning, wonderful people, and welcome to a very short workweek. We hope your Easter / Sham El Nessim /…
S&P 500 companies to post slower growth this earnings season + Privately traded tech firms see prices plummet
The crystal balls continue to predict a rocky earnings season ahead: The crisis in Ukraine and rising inflation is forecast…
SFE sub-funds for state-owned stake sales?
The Sovereign Fund of Egypt (SFE) could launch a sub-fund responsible for managing the sale of state-owned companies on the…
Current account deficit narrows in 2Q 2021-2022
Egypt’s current account deficit narrowed to USD 3.8 bn in 2Q 2021-2022, from USD4.8 bn in the same period last…
FAB drops its bid for EFG Hermes. Plus: Incolease, Mondi in transactions.
Emirati lender First Abu Dhabi Bank (FAB) has dropped its bid for a majority stake in leading financial services corporation…
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