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Aman wants to launch in Saudi Arabia within 3 months. PLUS: Money GB Auto + Dara’s Ice Cream, FinMin appoints sukuk company board
Aman is working with a mystery Saudi partner to launch in the kingdom
EgyptAir to increase flights to China. PLUS: Green hydrogen, oil exploration and a new startup fund
EgyptAir relaunched flights to China last week.
CBE unveils terms of new subsidized lending program
The CBE has handed responsibility for subsidized loans to the FinMin under the IMF deal.
Chinese investors are looking at the Sokhna Industrial Zone. PLUS: Jordan electricity link, another Sawiris football acquisition, and more
INVESTMENT- SCZone talks with Chinese investors: A high-level delegation from one of China’s largest industrial areas discussed potential investment in…
Economic “overhaul” needed to make IMF program a success, says IIF
Egypt needs to “overhaul” its business environment for the latest IMF program to succeed: That’s the conclusion of the Institute…
Ezz Steel forecasts EGP 8.3 bn in losses on EGP depreciation. Plus: Smartphone assembly, mature oil fields, BdC’s e-payments arm — and plenty more
MANUFACTURING- Ezz Steel forecasts EGP 8.3 bn in losses on EGP depreciation: Ezz Steel expects to record losses of EGP…
Egypt backs Russia withdrawal from Ukraine in UN vote
Egypt votes with Ukraine at UN General Assembly: Egypt joined calls for Russia to pull its troops out of Ukraine…
Egypt buys 240k tons of Russian wheat. PLUS: News from EBRD, USAID and more
This is the third World Bank-funded wheat tender this year.
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