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Sha7en gets license to operate EV charging stations
The Transport Ministry yesterday sent out the tender document for the Tenth of Ramadan dry port to the four qualifying…
Auto assemblers are hurting
FROM THE DEPT. OF DUH- Auto assembly in Egypt is hurting right now: Al Amal Auto could be forced to…
Industrial stocks are still divorced from earnings performance
Industrial players are seeing somewhat varied stock performances, with most EGX-listed industrial stocks continuing on the downward trajectory that began…
Credit Agricole and Banque du Caire are both feeling acquisitive
We have two other M&A stories for you this morning: Up first: Credit Agricole will purchase a 4.8% stake in…
The UAE’s Chimera eyes GB Auto’s leasing arm
Chimera to take stake in GB Lease? GB Auto subsidiary GB Capital is in talks with our friends at Abu…
THIS EVENING: Chimera wants 45% of GB Lease + Expedition isn’t upping its MTO for Domty. Plus: It’s energy everywhere abroad
Happy almost-THURSDAY, friends. It’s almost the weekend, and we have a capital markets-heavy news day to show for it. But…
US equities are still holding up + Porsche looks set to IPO this fall
US equities are the best of a bad bunch amid global turmoil: Investors are still piling into US stocks despite…
El Nasr could sign final contracts to produce EVs next month
It only took 3+ years, but El Nasr Auto might finally be ready to finalize contracts for EV assembly: El…
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