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Construction begins on the BRT system
One step closer to a clearer Ring Road: The government has begun construction of the bus rapid transit system (BRT)…
…As Suez Canal sees record revenues
Suez Canal revenues jumped 20% to a record USD 7 bn in FY2021-2022, from USD 5.84 bn the previous year,…
FAB + Europe Arab Bank to contribute to Elsewedy’s USD 150 mn IFC loan
More details on the IFC’s USD 150 mn loan to Elsewedy Electric: First Abu Dhabi Bank and Europe Arab Bank…
THIS MORNING: Light rail opens today + MPs could break for recess this week
Welcome to FY2022-2023, ladies and gentlemen. And while a bunch of you are on summer break (judging by the volume…
Elsewedy Electric gets USD 150 mn from IFC to fund renewables investments abroad
Elsewedy Electric will use a USD 150 mn loan from the International Finance Corporation (IFC) to acquire renewable energy plants…
Al Mashat talks ESG, adaptation finance at HSBC climate seminar
International Cooperation Minister Rania Al Mashat called on the finance sector to promote ESG principles and help fund private-sector projects…
USD 659 mn in contracts signed for Cairo’s Metro Line 4
Thales, Orascom Construction and Colas Rail have landed a contract for construction work on the first phase of Cairo’s fourth…
It’s been a big week for diplomacy
Egypt-Qatar business ties continue to grow: Trade and Industry Minister Nevine Gamea invited Qatari companies to visit Egypt to discuss…
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