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TONIGHT: It’s Prophet Muhammad’s birthday + the ECA isn’t happy that M&A agreements are happening without its knowledge.
Good afternoon, ladies and gentlemen. The foreign business press today is warning of a potential EM selloff on the back…
Elsewedy Electric signs agreement to build monorail substations
EETC, Elsewedy Electric ink monorail substations contracts: Elsewedy Electric has signed an EGP 178 mn contract with the Egyptian Electricity…
Oil Ministry gets new heads at its agencies, affiliated firms
Shake-up at Oil Ministry agencies and affiliated firms: Minister Tarek El Molla tapped a number of new executives and officials…
THIS MORNING: Senate to discuss CGT, oil keeps climbing + New Apple and Google gadgets
From the biggest IPO we’ve seen in years to government incentives for the private sector and progress on a closely…
Egypt signs MoUs with Greece, Cyprus to link electricity grids + Globeleq invests in Benban
Hello, EuroAfrica: The USD 4 bn EuroAfrica Interconnector project, which will connect the electrical grids of Egypt, Greece, and Cyprus,…
THIS MORNING: CBE confirms it’s a four-day workweek + EgyptAir makes vaccination mandatory for all staff
Good morning, friends, and welcome to another workweek as we start the 75-day countdown until the end of the year.…
Egypt-Greece electricity linkage will make headway with MoU signing today
Egypt and Greece are set to agree on building an undersea cable through which Egypt will export surplus electricity to…
Deutsche Bank to pay up for using too much financial lingo + Green energy transition needs to speed up
Never trust an (investment) banker? Deutsche Bank is facing a EUR 500 mn lawsuit over claims it duped a Spanish…
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