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What the markets are doing on 24 February 2021
El Erian asks: When is stimulus too much stimulus? The Fed needs to think about how to start winding down…
AfDB could be the newest lender to support our water-saving plan
The African Development Bank is reportedly lining up to help us farm more efficiently, with Al Mal quoting unnamed sources…
Fill ‘er up
Are natgas filling station operators getting a package of incentives? Builders and operators of the natural gas filling stations that…
First oil and gas auction of ‘21 is also the first to use the new Egypt Upstream Gateway
24 oil and gas blocks up for grabs in the first auction of 2021: The Oil Ministry has kicked off…
Japan targets green projects in USD 240 mn development loan
Green projects in Egypt will get a portion of a USD 240 mn loan from the Japan International Cooperation Agency…
Sherif El Ghamrawi named CEO of the Egyptian IVF-ET Center, Sameh Shenouda becomes executive director of African Finance Corporation
Sherif El Ghamrawi (LinkedIn) has joined theEgyptian IVF-ET Center as chief executive officer as the family-owned business embarks on an…
Brokerage ANFI looks like it’s picked a suitor in bidding war
ANFI agrees to DD on acquisition bid: Brokerage house Alexandria National Company for Financial Investments’ (ANFI) board said it will…
IFC to provide USD 30 mn in financing to glass maker Pasabahce Egypt
The International Finance Corporation (IFC) is lending USD 30 mn to the Egyptian arm of Turkish glassmaker Pasabahce to help…
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