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THIS EVENING: Aldar / ADQ acquire 86% of SODIC; Green stimulus package coming March 2022; UAE employees get 4.5-day work week.
Good afternoon, ladies and gents: We have a brisk news flow to bring you today following the closure of Aldar…
The state of eco-tourism in Egypt
Ecotourism is getting a lot of attention now, but just how significant of a force is the budding industry in…
THIS MORNING: Eye on inflation ahead of central bank interest rate meeting + a crazy-busy news day
It’s one heck of a busy news day today, wonderful people, so let’s jump right in and get this show…
Rising inflation weighs on private sector activity in November
Egypt’s non-oil business activity shrank “moderately” during November, with a closely followed gauge of business conditions unchanged from the month…
Lekela’s West Bakr wind farm is live
Actis-backed Lekela’s West Bakr wind farm became fully operational yesterday: Renewable power generation company Lekela Power announced yesterday (pdf) that…
Gov’t wants to raise Africa exports to USD 7 bn in 2022
More African exports ahead: The government wants to increase the value of exports to Africa to USD 7 bn in…
House approves multi-bn USD bank loan
House says ‘yea’ to more Khaleeji money: A multi-bn USD bank loan agreed between the government and a syndicate of…
Egypt’s remittance inflows on track to hit record high this year + outpace MENA peers
Remittance inflows to Egypt are on course to hit a record high this year as higher oil prices and the…
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