Privatization, green hydrogen, labor law feature prominently as Madbouly government talks up its legislative agenda
The government have 58 draft laws on its priority list
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The government have 58 draft laws on its priority list
A portion of the loan will be used to refinance a EGP 1.5 bn bridge facility
Cement producers will be allowed to increase production by 10% in November
Samsung, GASCO, EgyptSat Auto, and Fayoum Company for Storage all receive golden licenses
Many are deciding to invest in real estate to hedge against a volatile EGP
It’s bad news for China’s property market, which accounts for 20% of GDP
Suez Canal revenues are expected to hit a record USD 10.3 bn by the end of 2023
Elevators are mostly imported, but import + FX restrictions are making local manufacturing more critical
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