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Infrastructure 
Arabian Cement to expand Suez factory solar plant
Arabian Cement signs new PPA for solar plant: Arabian Cement signed a purchase power agreement with Amarenco SolarizEgypt for the…
MNHD income more than doubles in 9M 2022 + CIB’s bottomline rises 16% in 3Q 2022
Madinet Nasr Housing and Development’s (MNHD) net income was up 112% to record EGP 545 mn in the first nine…
CBE issues binding regulations for sustainable finance for banks
It’s time for more responsible banking: The Central Bank of Egypt issued binding regulations designed to promote sustainable finance in…
e-Finance to launch cloud computing platform this month
EGX-listed e-payments giant e-Finance will launch a cloud computing platform later this month and has inked a protocol with the…
Some imports will be released immediately from ports
A small sigh of relief: The Trade and Industry Ministry will allow the immediate release of some goods imported for…
Camel Flour Mills acquires majority stake in Five Star Mills
Camel Flour acquires struggling flour producer: Al Moatabar Group’s Camel FlourMills(CFM) has acquired a majority stake in the distressed high-end…
QNB Al Ahli could be getting USD 20 mn in EBRD funding to lend to youth-led SMEs
EBRD money for youth-led SMEs: Qatar National Bank Al Ahli (QNB Al Ahli) could be getting a senior unsecured loan…
THIS MORNING: IMF gives Egypt kudos for devaluation as EGP appears to bottom out against the greenback
Good morning, friends, and welcome to the first day of November. We feel we ask this every year, but: Where…
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