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Cabinet approves sovereign sukuk exec regs
Sovereign Sukuk Act regs are finally ready: The Madbouly government has approved the executive regulations of the Sovereign Sukuk Act…
Steel prices are starting to cool off + Elsewedy inks electric motors agreement
Ezz Steel has lowered steel rebar prices by 4%, marking the first drop in price since Russia’s invasion of Ukraine…
THIS EVENING: Steel manufacturers are starting to cut prices + the EU is preparing to replace Russia’s natgas supplies
It’s a relatively calm Wednesday afternoon on the home front, ladies and gentlemen, giving us hope for a smooth slide…
Swvl to acquire Turkish transit company Volt Lines
Cairo-born mass transit firm Swvl is continuing its buying spree, announcing this week an agreement to purchase Turkish firm Volt…
“It’s now or never”: Scientists call for action on “irreversible” climate change (Part II)
It’s crunch time if we want to avoid climate catastrophe: The latest trilogy of reports by UN climate scientists have…
Electricity subsidies live on
SETTING THE RECORD STRAIGHT - Electricity subsidies haven’t been phased out. Electricity is and will continue to be subsidized by…
Honeywell eyes USD 200 mn worth of investments in Egypt
US conglomerate Honeywell is looking to invest around USD 200 mn in petrochemicals and the production of green fuels for…
Egypt signs green energy agreements
Egypt has signed major agreements with international companies to produce green energy in the Suez Canal Economic Zone (SCZone) in…
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