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More inflation ahead thanks to the gas price hike
The global gas squeeze has arrived in Egypt: Operating margins at industrial firms will likely come under pressure in the…
IDH hit by arbitration cases by Saudi-based Al Muhaidib Company
Saudi Arabia’s Al Muhaidib Company is in the midst of international arbitration case and two administrative cases against LSE- and…
Shoukry holds talks with UN Libya envoy
Another bid to resolve the Libyan crisis: Foreign Minister Sameh Shoukry met up with the UN Special Envoy to Libya,…
Cairo Metro Line 1 is getting 55 new subway trains from Alstom
French train manufacturer Alstom will manufacture and supply 55 new trains for Cairo Metro Line 1 under a contract approved…
World Bank okays USD 360 mn loan for Egypt’s post-covid recovery
We’re getting a fresh USD 360 mn World Bank loan: The World Bank has approved a USD 360 mn facility…
US companies to work with military to produce desalination tech
Two US firms will work with the military to locally manufacture desalination technology in an agreement that comes as the…
With Cairo Water Week underway, what’s the latest in water infrastructure?
On the waterfront: Water infrastructure has been a key priority for the government in recent years, with ambitious aims to…
Egypt seeks funding for Lake Victoria-Mediterranean river link studies
Egypt seeks funding for Lake Victoria-Mediterranean river link: Egypt and several Nile Basin countries are on the lookout for USD…
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