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IMF expects slimmer narrowing of Egypt’s budget deficit this fiscal year
Egypt’s budget deficit is expected to narrow to 6.8% by the end of the current fiscal year, the IMF said…
S&P, Fitch ratings affirm credit rating at BB, B+, say outlook stable despite Russia-Ukraine war
S&P and Fitch Ratings have both affirmed Egypt’s BB and B+ credit ratings with a stable outlook, despite surging food…
Honeywell eyes USD 200 mn worth of investments in Egypt
US conglomerate Honeywell is looking to invest around USD 200 mn in petrochemicals and the production of green fuels for…
Egypt signs green energy agreements
Egypt has signed major agreements with international companies to produce green energy in the Suez Canal Economic Zone (SCZone) in…
This is the last issue this week: See you Tuesday + EDF Renewables, AMEA Power sign major agreements to produce green energy in SCZone
PSA #1- This is our last edition of this week. We’re taking a publication holiday tomorrow (we do this each…
IMF upgrades Egypt’s GDP growth in 2022 despite a “significant slowdown” globally
The IMF has cut its global GDP forecast for this year and the next as surging inflation and economic fallout…
Infinity launches EV charging stations in the Delta
Renewable energy player Infinity has opened seven new electric vehicle (EV) charging stations in the Nile Delta, marking its debut…
El Sisi meets with US senators + more green energy talks
President Abdel Fattah El Sisi met last week with a US Congressional delegation headed by Sen. Richard Shelby, according to…
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