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Current account deficit narrows in the first half of FY 2019-2020
Current account deficit narrows in the first half of FY 2019-2020: Egypt’s current account deficit narrowed to USD 4.6 bn…
EU imposes tariffs on Egyptian exports in a crossfire with China
European Union imposes tariffs on Egyptian exports to counter China subsidies: An EU tariff of 8.7% on Egyptian glass fiber…
Suez Canal revenues increase to USD 458.2 mn in February
Suez Canal revenues increased slightly y-o-y in February to reach USD 458.2 mn, up from USD 433.9 mn during the…
Egypt’s SCZone head can now directly regulate imports by companies in the zone
SCZone can now directly regulate its companies’ imports: Prime Minister Moustafa Madbouly has issued a decree putting the head of…
Egypt’s sovereign fund in talks with ‘major’ private partner to manufacture EVs
The Sovereign Fund of Egypt (SFE) is in talks with an unnamed “major” private sector company to set up a…
Your top infrastructure stories of the week
Your top stories for infrastructure this week are: ECHEM signed an agreement with US construction giant Bechtel to set up…
Egypt signs several oil and gas agreements, mulls even more
The volume of oil and gas news stepped up a gear yesterday amid a flurry of activity on the second…
Polaris Parks consortium pulls out of Ain Sokhna industrial project
Polaris Parks-led consortium pulls out of Ain Sokhna industrial project due to delays receiving land: A consortium of Polaris Parks,…
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