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Of peddlers and a syndicate for tech bros…
Egypt to criminalize peddling: Unlicensed vendors who sell goods on trains and in stations would face prison sentences of 1-2…
More natgas buses are a-comin’
IT systems provider Select International is looking to work with an unnamed Chinese partner to manufacture and assemble natural gas-powered…
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…
Cabinet is getting its three-year priorities in order
A three-year state budget and fiscal policy priority framework will be on the House of Representatives’ agenda when cabinet submits…
Unemployment rate holding (just about) steady
Unemployment in Egypt was virtually unchanged in 4Q2020, dipping only marginally to 7.2% from 7.3% in 3Q2020 and 8% in…
Egypt skated past covid-19, but now needs to double down on “deep” reforms –IIF
Egypt weathered the worst of the pandemic as the only MENA country to see economic output contract last year, but…
Taking stock
Egypt recorded a primary budget surplus of EGP 18.1 bn in 7M2020-2021, up from EGP 14bn at the end of…
Score one for EVs in Egypt
EV assembly in Egypt could begin as early as July: State-owned El Nasr Automotive plans to begin assembling electric vehicles…
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