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Omani firm wants to manage the Ring Road’s BRT system + Raya wants in on EVx
Omani investment firm eyes BRT: Omani investment group Bin Omeir Holding has expressed interest in operating the Cairo Ring Road…
Gov’t ups local wheat purchase targets by over 10% y-o-y
Egypt to buy 4 mn tonnes of local wheat this season: Egypt plans to purchase 4 mn tonnes of wheat…
THIS MORNING: It’s finally getting warmer + Zooba among MENA’s 50 best restaurants
Good morning, friends. It’s hump day, and our reward is pleasantly busy news morning — a relief after something like…
Beyti + United Pharma announce investments to ramp up production
Dairy and juice producer Beyti plans to invest EGP 250 mn in Egypt this year to add new production lines,…
Wintershall Dea exits Gulf of Suez oil concession
Wintershall Dea is now an ex-oil producer in Egypt: Wintershall Dea divested its stake in its Gulf of Suez oil…
Fuel prices rise by up to 3.5%
The government has hiked fuel prices for the fourth time in less than a year in response to rising oil…
THIS MORNING: Macro’s retail offering 6.5x oversubscribed + the AFCON final, finally
Good morning, wonderful people, and welcome to another big news day. Setting the tone this morning: The Central Bank of…
Last Night’s Talk Shows: Record exports + Natgas vehicle scheme
Our record 2021 export revenues dominated coverage on the airwaves last night. The USD 45.2 bn in export revenues —…
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