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Suez Canal Bank sells Midor stake for USD 30.6 mn
M&A WATCH- Suez Canal Bank sells Midor stake for USD 30.6 mn: The Suez Canal Bank has approved the sale…
MidElec to borrow EUR 30 mn to boost power to Midor refinery
Midor’s electricity company, MidElec, has signed a EUR 30 mn loan agreement with a consortium of four banks to increase…
Your top infrastructure news of the week:
Your top infrastructure news of the week: Logistics: Maersk and MSC plan to reroute an unspecified number of their container…
Maersk, MSC plan to reroute some ships from Suez Canal to Cape of Good Hope
Maersk and MSC plan to reroute an unspecified number of their container ships from the Suez Canal to the Cape…
Suez Canal Authority cuts passage fees reduced for two months
The Suez Canal Authority has reduced fees for container ships crossing the Suez Canal until 30 June. Fees will be…
Egypt’s Suez Canal Economic Zone proposes new investor incentives
The Suez Canal Economic Zone (SCZone) has handed over a proposal to the Madbouly Cabinet to introduce new or improved…
Why Egypt’s ports haven’t seen a decline in activity despite the drop in global trade brought on by covid-19
Why Egypt’s ports haven’t seen a decline in activity despite the drop in global trade brought on by covid-19: As…
The EGP has so far weathered the global storm. What’s next?
The EGP has so far weathered the global storm. What’s next? Egypt appears to have “weathered the worst of the…
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