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Traders move tankers to Port Said and Sidi Kerir as Saudi partially restarts East-West oil pipeline
Good morning, friends. We are heading to the weekend and two main stories have our attention — one about a…
Egypt’s infrastructure guarantee facility draws 10 development partners ahead of a December World Bank board vote
Ten development finance institutions have signed onto Egypt’s USD 520 mn IFGF, the broadest multilateral backing for the vehicle since…
Gov’t rejected VW’s request for incentives beyond the standard package
Plus: The AfDB is giving a USD 3.55 mn reimbursable grant to a green ammonia project in East Port Said
Five years into RISE, safety metric frozen as World Bank ratchets up fiduciary risk on Egypt’s railway loan
Fiduciary risk on the World Bank’s c. USD 421 mn RISE loan has been raised to “high” — the only…
Gov’t raises industrial land prices again as it widens payment and tenure options
New Cairo land is up 10% to EGP 6,435 per sqm, while Qatameya tops the latest schedule at EGP 8,520
The IDA opens its first tender under the new lease-to-own system for industrial land
Good morning, friends. We have two stories for you today about how Egypt is managing risk — broadly in its…
TMG posts 21% jump in net income in 2Q
Plus: Orascom Development Egypt, E-finance, and El Sewedy Electric earnings
Egypt prepares to double Universal Health Ins. reach before Phase 1 results are in
A EUR 150 mn policy loan from AFD is helping bankroll the rollout
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