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Deutsche Bahn, Elsewedy to operate high-speed rail
Deutsche Bahn, Elsewedy Electric sign to manage and operate high-speed rail: The National Authority for Tunnels (NAT) yesterday inked a…
Oriental Weavers is planning a new factory
Carpet maker Oriental Weavers is planning to build a USD 50 mn factory in Tenth of Ramadan over the next…
Huawei Egypt gets new CEO + Egyptian Air Force, Egyptian National Railways get new chiefs after cabinet shuffle
Huawei has appointed Jim Liu as CEO of Huawei Egypt, succeeding Vincent Sun, the company said in a statement(pdf). Liu…
THIS MORNING: More details on the govt’s electricity rationing strategy coming + Car dealers are facing prosecution for failing to deliver cars
Hello, everyone. We’re feeling more than a bit muted this morning after a fire yesterday at a church in Imbaba…
With a long road to profitability, a rethink of the traditional ride-hailing business model is in order
The ride-hailing business model has been more bust than boom — and homegrown Swvl’s operational pivot is proof: Earlier this…
Foreign companies could invest USD 1.3 bn in Egypt’s ports
Egyptian ports could see more than USD 1 bn in foreign investment as international companies look to expand capacity and…
Electricity rationing went into effect yesterday across Egypt. Here’s what we know so far.
Here’s how the gov’t hopes to ration the nation’s electricity: Cabinet has approved measures announced byPrime Minister Moustafa Madbouly last…
Electricity rationing + inflation dominate the airwaves
The government’s plan to cut back on public electricity consumption was still dominating the airwaves last night: Prime Minister Moustafa…
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