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GASC calls off wheat tender due to high prices
State grain buyer GASC has called off a wheat tender as prices offered were higher than expected Reuters reported. The…
Shahinaz Foda replaces Frederic Abbal on ElSewedy Electric board + Essam Abdelhadi joins advisory board of Nawah Scientific
Shahinaz Nabil Foda will replace Frederic Christian Abbal on the board of Elsewedy Electric, following Abbal’s resignation, the company said…
Orascom Construction adds nearly USD 1 bn to backlog in 3Q
Orascom Construction added USD 960 mn-worth of new contracts to its backlog in 3Q2021, growing 42% y-o-y annual increase, the…
IFC, EBRD to invest in Algebra’s second fund
IFC, EBRD are getting in on first close of Algebra’s second fund: The International Finance Corporation (IFC) and the European…
Ain Sokhna is getting fresh DP World + CDC investments
Ain Sokhna Port is getting additional investment from Emirati port giant DP World and CDC Group, the UK government’s development…
THIS MORNING: Egypt’s travel industry shouldn’t get an exemption from the new national minimum wage
Good morning, wonderful people. We have a really packed issue for you this morning, so let’s jump right in: HAPPENING…
ESG reporting is coming to Egypt in 2023 (Part II)
POLL- ESG reporting is becoming mandatory in Egypt in 2023. Are EGX-listed companies ready for it? EGX-listed firms and NBFS…
GERD negotiations at standstill - Irrigation Minister
Egypt’s negotiations with Ethiopia over GERD are now “all but frozen,” even as talks remain sponsored by the international community…
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