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Ukraine crisis and “poor-quality petrol” top talk show coverage
Leading the conversation on the airwaves last night was the government’s efforts to repatriate Egyptians fleeing the conflict in Ukraine.…
Earnings watch: Telecom Egypt, Ezz Steel
EARNINGS WATCH- Telecom Egypt recorded a net income of EGP 8.4 bn in FY2021, up 75% y-o-y, according to the…
Earnings watch: Prime Holding, EFIC, Arabian Cement
EARNINGS WATCH- Prime Holdings widened its losses 132% y-o-y, achieving net losses of EGP 56.6 mn in 2021, compared to…
NREA looks for international support to upgrade experimental nuclear reactor
Kazakhstan or Belgium could help upgrade Inshas nuclear reactor: The New and Renewable Energy Authority (NREA) is reportedly looking into…
Cement production quotas bring Spegyco back from zombie status
Saad El Din Group has restarted operations at the Spanish Egyptian Cement factory (Spegyco) after a three-year hiatus, the group’s…
THIS EVENING: Zombie cement factory brought back online + El Sisi attends AU-EU summit in Brussels. Plus: Tensions are flaring up between Russia and Ukraine
Good afternoon, wonderful people. It’s the end of a week that passed in excruciatingly slow fashion, despite being chock-full of…
AFC wants to invest USD 250 mn in monorail, high-speed rail projects
Multilateral lender Africa Finance Corporation (AFC) is looking to partially bankroll our monorail and high-speed train projects with a USD…
State Department nods to USD 2.5 bn arms sale to Egypt
US green-lights USD 2.5 bn Egypt arms sale: Egypt could spend as much as USD 2.5 bn (EGP 39.3 bn)…
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