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Export Development Fund needs more time to pay arrears
Export Development Fund needs more time to pay arrears: The Export Development Fund is extending the third phase of its…
Here we go again
Apparently we’re still not over the whole Ever Given thing: The National Navigational Company has filed a lawsuit in a…
Last Night’s Talk Shows on day 2 of our strategic talks with the US + the Suez Canal upping its transit fee
Once again last night’s talk shows were all about the US-Egypt strategic talks: There’s more on that front in this…
Suez Canal continues clawing back pandemic price cuts
Suez Canal transit fees are set to increase by 6% for most ships starting February 2022, as the Suez Canal…
GASC buys 360k tonnes of wheat + Suez canal revenues up 12.6% so far this year
The General Authority for Supply Commodities (GASC) purchased 360k tonnes of wheat from Russia, Romania and Ukraine for shipment between…
Suez Canal Authority to reduce discount for LNG carriers
LNG carriers crossing the Suez Canal will only be getting a 15% cut to transit fees starting 1 November, down…
Egypt’s balance of payments flips to surplus in 2020-2021, current account deficit rises
Egypt’s balance of payments flipped to a surplus of USD 1.9 bn in the state fiscal year ending 30 June…
THIS EVENING: OC-led consortium to implement Ras Ghareb wind farm + Egytrans pulls the brake on HAUH takeover offer ALSO: Regini trials unfold
Well, friends, we’ve made it through another workweek together, and our reward is not just a weekend, but the promise…
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