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MPs approve amendments to the law regulating the Sovereign Fund of Egypt
The amendments secured the body’s preliminary approval on Monday
A Brazilian logistics zone in SCZone? PLUS: News from CIB, Geyushi
The zone would act a hub to import corn, soybeans, sugar, and other products
Dragon Oil is looking to invest more in Egypt. News from UN, El Gouna, AAIB
The government owes Dragon Oil USD 200 mn in receivables
Will our fourth loan review with the IMF be pushed back again?
Good morning, friends. The month is off to a busy start with fresh data from the central bank and a…
Has the IMF’s fourth loan review been pushed back another month?
Good afternoon, friends. Hold on in there, we’re only two days away from a long weekend. THE BIG STORY TODAY…
The National Bank of Egypt is supporting green projects through the Transforming Financial Systems for Climate program
The program has allocated some EUR 100 mn to be invested in green projects across Egypt’s governorates
EBRD revises Egypt’s GDP growth for 2025 upward
The EBRD now sees the country growing at a 4.5% clip in 2025
China’s Dayun wants to start locally assembling passenger EVs, trucks, and light transport vehicles. PLUS: Midar, Cairo 3A, Raya CX
The company’s expansion plans involve establishing new production lines and expanding the percentage of local components used
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