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EV startups attracted plenty of investor interest — but need to actually start manufacturing
EV startups need to prove they were worth the risk — and actually manufacturing vehicles is probably a good starting…
EBRD trims Egypt’s growth outlook for 2022 + FinMin mulling price of oil in 2022-2023 budget
EBRD trims Egypt 2022 growth outlook on inflation concerns: The European Bank for Reconstruction and Development (EBRD) has downgraded Egypt’s…
Cheaper financing is the key to closing the global gap in renewable energy production
We have an inequality issue with global renewable energy generation. Cheap financing might help fix it. Renewable energy production is…
OC named most valuable Egyptian brand
Brand Finance has named Orascom Construction as Egypt’s most valuable brand, valuing it at USD 558 mn. Rounding out the…
Offers roll in for the management of EV charging station company
Fourteen firms are vying to manage the state’s planned EV charging firm, Al Mal quoted Public Enterprises Minister Hisham Tawfik…
Saudi Arabia pledges USD 15 bn to support Egypt through Ukraine crisis
Saudi Arabia has deposited USD 5 bn with the Central Bank of Egypt (CBE), state-run Saudi Press Agency reported yesterday,…
Diplomacy was the topic du jour last night
Coverage of our major day of diplomacy led our airwaves last night: Former Deputy Foreign Minister Mohamed Hegazy joined Al…
Gov’t downgrades FY 2021-2022 GDP forecast
Surprise: The economy won’t grow as much as expected this year due to Russia’s war in Ukraine: The government has…
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