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Cement prices are finally rising in Egypt — but producers continue to face challenges
Cement prices are finally rising in Egypt — but producers continue to face challenges: As nations ramp up investments in…
Valu kicks off EGP 2 bn securitization program + Fawry eyes consumer finance space
EFG Hermes’ consumer finance subsidiary Valu has kicked off its EGP 2 bnsecuritization program with a EGP 323 mn bond…
TONIGHT: August inflation figures up slightly. + Dates set for exporters to receive subsidy arrears. ALSO: Egypt officially a member state of Africa Finance Corporation.
Are we the only ones who feel as if the whole country woke up this week and tried to cram…
EGX30 up 2.7% YTD
The EGX30 rose 0.4% at today’s close on turnover of EGP 1.4 bn (81% below the 90-day average). Egyptian investors…
We’re hosting the Junior Track World Championship this week
The two stories leading the conversation on the nation’s airwaves last night: The 2021 International Cycling Union (UCI) Junior Track…
From Sokhna to Alexandria in a jiffy
Moving between the Red Sea and the Med will soon be easier and faster after the government signed yesterday a…
Prefab and modular construction are making their way to Egyptian building sites
Could prefabricated and modular construction be in Egypt’s future? The construction sector is a major contributor to Egypt’s economy, with…
Thomas the Tank Engine would be proud
Multi-bn high-speed electric rail contract set to be signed with Siemens-led consortium this week: The National Authority for Tunnels is…
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