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US contractor McDermott to work on Greece–Africa Power Interconnector
Another Greece-Egypt electricity interconnector is in the works: The US contractor McDermott has signed an MoU with Greek renewables company…
More golden licenses, oil exploration on the cabinet agenda
Cabinet rolls out approvals for four more golden licenses + 13 oil agreements: Prime Minister Moustafa Madbouly and his ministers…
GASC launches its second int’l wheat tender this month
COMMODITIES- A second World-Bank backed wheat buy: State grain buyer GASC has launched an international tender for 30-60k tons of…
Alphabet, Amazon, Apple, Meta: Incoming earnings avalanche
Keep an eye out for a torrent of earnings releases from leaders across various industries this week: More than 100…
IFC, Tadamun partner to expand microfinance for women-led SMEs
DEVELOPMENT FINANCE- IFC, Tadamun to boost women-led micro firms: The International Financial Corporation (IFC) has agreed to assist Tadamun Microfinance…
EgyptAir not for sale + small-scale solar projects get a break
AVIATION + PRIVATIZATION- EgyptAir isn’t up for sale: The government has no plans to sell the national flag carrier, the…
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…
Gulf growth set to halve on weaker crude demand + IMF doesn’t want EMs to lose out in the green transition
Gulf oil exporters will see economic growth halve this year as revenues decline on the back of the global economic…
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