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Earnings watch: Elsewedy Electric revenues up by a third in 2021
Elsewedy Electric booked EGP 3.5 bn in net income in 2021, up 16.7% y-o-y, while revenues for the full year…
Mystery Egyptian investor looks to acquire Nesma Airlines
An “Egyptian investor” is looking to acquire 100% of Saudi airline Nesma within weeks, CEO Ashraf Lamloum told Enterprise, confirming…
Why the gov’t is moving towards smart cities
How smart cities are becoming a fixture of Egypt’s infrastructural development strategy: Over the next few years, the Egyptian government…
Etisalat, Honeywell enhance cooperation on Internet of Things provision
Etisalat and Honeywell sign fresh IoT agreement: Our friends at Etisalat Misr have signed anMoU with US tech giant Honeywell…
US firm wants to build plant to make eco-friendly alternatives to plastics
Our first eco-friendly plastic alternatives factory? US environmental safety firm Okeanos and local infrastructure agent Income Egypt unveiled a proposal…
Investors take a u-turn on green startups + major corporates are killing the five-day work commute
Green startups stocks tumble following last year’s meteoric rise: Electric vehicle startups and several other green tech firms boomed in…
Local carbon credit exchange in the works
The Environment Ministry is working with the EGX on a proposal to set up a platform that would allow companies…
Egypt in the News: Overpopulation + European demands for action on our human rights record
When more is not merrier: Our growing population poses challenges to development efforts, Bloomberg writes. With a birth rate of…
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