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Current account deficit narrows in 3Q 2022-23
Current account deficit reaches USD 3.5 bn
Taqa Arabia shareholder sells 20% stake. PLUS: Beltone’s SODIC office building buy, Qalaa to study green aviation fuel with French firm — and more
The block trade comes three weeks after the company’s shares began trading on the EGX
EIB could provide USD 300 mn for new rail line. PLUS: Madinet Masr acquires Minka, Tenth of Ramadan dry port, green methanol, new freezones incoming
The EBRD has provided EUR 40 mn to help fund the line, which will be used for freight and passenger…
Ikarus Electric wants to establish 200 EV charging stations in three years. PLUS: New Radisson hotel, Concrete Plus-Saudi collaboration, EgyptAir in Manchester
The company received a one-year license to establish stations last month
More Chinese firms to set up shop in SCZone
More than two-thirds of the money will go to textiles projects
Chinese delegation visits SCZone
Chinese firms recently agreed to invest hundreds of mns of USD in the zone
House gives approval to fresh investment incentives + new East Port Said port terminals
Investment Law amendments target more FDI to oil and gas, fertilizers, metals sectors
East Port Said expansion gets thumbs up from House committee
The East Port Said redevelopment is worth some USD 565 mn
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