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Egypt to build EGP 2.2 bn bulk grain terminal in East Port Said
Two commodity trading houses have signed a contract with the Egyptian government to build an EGP 2.2 bn bulk grain…
Heads of FRA, SCA reappointed for another year
Financial Regulatory Authority (FRA) Chairman Mohamed Omran and Suez Canal Authority (SCA) Chairman Osama Rabie have both been reappointed for…
Four state-owned banks to launch EGP 1 bn fund in 4Q2021
The EGP 1 bn fund of funds which is expected to be launched by Egypt’s biggest state banks will launch…
A bigger, better RIZ
Russia is getting one super-sized RIZ: Egypt and Russia agreed last Thursday to expand the scope of the Russian Industrial…
Tunisia leading coverage in the foreign press
The political turmoil in Tunisia is leading coverage on Egypt in the foreign press this morning: The Washington Post’s Claire…
Mercedes-Benz to set up Ain Sokhna logistic center
Mercedes-Benz will set up a logistics center in Ain Sokhna under an agreement with the Suez Canal Economic Zone (SCZone),…
FDI to grow in Egypt over coming four years - IMF
The IMF sees FDI in Egypt climbing in each of the next four years. Egypt could see foreign direct investment…
Gone but not forgotten
The Ever Given has left Suez. But Suez hasn’t left the Ever Given. The owner of the ship responsible for…
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