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EV testing starts in July
Egypt will start testing China’s E70 EV cars next month ahead of launching an assembled-in-Egypt E70 in 2022: State-owned El…
Catch some rays
The US really wants us to go solar: The US will step up funding to Egypt to accelerate our shift…
AfDB to give us another EUR 83 mn for electricity reforms, energy efficiency
The African Development Bank (AfDB) has approved an EUR 83 mn loan to support the development of Egypt’s power infrastructure,…
Export subsidies program approved by cabinet, but we’re yet to hear more
A new export support program got the green light from cabinet today and is due to come into play at…
Public sector wage increase signed into law
Next month’s public sector wage hikes are now the law of the land: Legislation that raises basic salaries for public…
Elsewedy has a busy pipeline of acquisitions in 2H2021, and further into 2022
Elsewedy Electric is aiming to close three new acquisitions and greenfield investments in the second half of the year, a…
GERD headlines the talk shows ahead of emergency Arab League meeting
Diplomacy took center stage on the nation’s airwaves last night, as the talking heads mostly turned their attention to today’s…
IFC could invest USD 300 mn in healthcare
New IFC funding for healthcare in the works? The International Finance Corporation (IFC) is considering lending another USD 300 mn…
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