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What we’re tracking on 10 August 2020
Happy Monday morning, friends. The big stories in a slow “peak summer” week here in Egypt: Interest rates, foundering talks…
Agriculture Ministry to modernize irrigation systems in eight governorates
The Agriculture Ministry is working to modernize the irrigation systems used in eight governorates as part of government efforts to…
Cabinet approves emergency medical response fund, USAID allocations for education and agriculture
CABINET WATCH- Cabinet approves emergency medical response fund, USAID funding for education and agriculture: The Madbouly Cabinet approved during its…
Your top infrastructure stories of the week
Your top infrastructure stories of the week: The Egyptian Electricity Transmission Company (EETC) signed a EGP 424 mn agreement with…
Egypt to increase sugar production to 2.5-2.6 mn tonnes this year
Egypt will increase sugar production to 2.5-2.6 mn tonnes in FY2020-2021, up from 2.48mn tonnes last year, Mustafa Abdel Gawad,…
Saudi foreign minister shows support for Egypt on Libya; Egypt to boost agricultural exports
Saudi foreign minister shows support for Egypt on Libya during talks with El Sisi: Saudi Foreign Minister Prince Faisal Bin…
Galina to set up EGP 120 mn greenhouse JV with Germany’s Sun Pharma
Agrifood player Galina-Agrofreeze is setting up a greenhouse production JV with Germany’s Sun Pharma called Sun Pharma Egypt, Chairman Abdel…
Chemical Holding to acquire half of Al Ahli Capital’s stake in WAPHCO
M&A WATCH- Chemical Holding to acquire 10% stake in phosphate company: The Chemical Industries Holding Company is closing in on…
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