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Exporters want more support as gov’t wraps up latest phase of subsidy program
Gov’t wraps up fourth phase of export subsidy program: Some EGP 261 mn in overdue export subsidies was paid out…
Egyptian filmmakers in the limelight in the foreign press
Egyptian filmmakers are getting rave reviews in the foreign press this morning: Boy from Heaven, the new film from Egyptian-Swedish…
Earnings watch: Orascom Construction, MNHD, GB Auto
Orascom Construction’s (OC) net income slid 45% in 1Q 2022 due to deepening losses at Besix, according to its earnings…
Gov’t unveils outline of 2050 climate strategy, with mitigation, adaptation and financing as pillars
Gov’t outlines climate strategy: The Madbouly government launched its new national climate strategy at a press conference on Thursday (watch,…
Elsewedy Electric opens Africa’s first busway system factory
Elsewedy Electric has launched Africa’s first busway epoxy system factory in Tenth of Ramadan City, according to a statement(pdf). The…
Sphinx International Airport to open in July
Sphinx International Airport near the Giza pyramids will open in mid-July, cabinet said in a statement yesterday. The airport is…
THIS MORNING: It’s interest rate day; US stocks have worst day since June 2020
Well, friends, we’ve made it through another workweek together. One long, hard push and the end of the workday will…
Explained: The government’s infrastructure spending priorities in 2022-2023.
What are the state’s infrastructure priorities for FY2022-2023? Last week, the government unveiled its sustainable development plan for FY2022-2023, as…
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