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What we’re tracking on 13 May 2020
It’s a reasonably quiet news morning after the packed issues of the past few days. Not too many sleeps left…
GB Auto awarded distributorship for MG in Iraq
GB Auto lands MG distributorship for Iraq: GB Auto has entered a partnership with SAIC Motor to distribute MG cars…
Maersk, MSC plan to reroute some ships from Suez Canal to Cape of Good Hope
Maersk and MSC plan to reroute an unspecified number of their container ships from the Suez Canal to the Cape…
Auto sales show solid growth in 1Q2020, but most of the gains came before covid hit in the second half of March
Auto sales show solid growth in 1Q2020, but most of the gains came before covid hit in the second half…
Suez Canal Authority cuts passage fees reduced for two months
The Suez Canal Authority has reduced fees for container ships crossing the Suez Canal until 30 June. Fees will be…
What we’re tracking on 30 April 2020
Sign of the times: Finance nerds are getting “creative.” Happy Thursday, everyone, and welcome to what we think is (almost)…
NRA in talks with Banque Misr, National Bank of Egypt for EGP 3 bn loan
The National Railways Authority is closing in on a EGP 3 bn loan agreement with Banque Misr and the National…
Egypt, Russia and Hungary finalize railcar financing agreement
The National Railway Authority has received final approval from the Hungarian Export-Import Bank and Russia’s Roseximbank to finance the purchase…
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