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Is Egypt brewing up a fresh export subsidy program?
The state is also looking into adding new sectors to the subsidy program
Delays to national projects could hit the construction industry
Delays to national projects will challenge construction players whose portfolios aren’t diversified: Earlier this month the government announced new curbs…
Elsewedy Electric to build 300 MW solar station in Saudi Arabia + Eni’s Descalzi sits down with El Sisi
Elsewedy Electric is upping its solar energy game: Elsewedy Electric for Transmission and Distribution, a subsidiary of Elsewedy Electric, signed…
Elsewedy Electric proposes EGP 20 bn industrial zone west of Cairo
Elsewedy Electric wants to build an industrial park in New 6 October City: Elsewedy Electric is in talks with the…
UAE’s Fintech Galaxy acquires Underlie + O7 gears up for a GCC expansion in 2023
STARTUPS- UAE-based open banking platform Fintech Galaxy has acquired Egyptian API provider Underlie for an undisclosed sum, according to a…
THIS EVENING: First filling begins for Elsewedy Electric-Arab Contractors Tanzania dam + Suez Canal’s Osama Rabie addresses questions on new Suez Canal fund
Happy THURSDAY, wonderful people. It’s been a mad rush of a week, but judging by the volume of out-of-office replies…
EBRD lends USD 40 mn to Angel Yeast to up local production
The European Bank for Reconstruction and Development (EBRD) is lending USD 40 mn to the Egyptian branch of China-based yeast…
So. Many. Earnings.
More robust results as we go down to the wire on earnings season: Yesterday saw another flurry of earnings releases…
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