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Is manipulating the weather an answer to water scarcity?
To combat water scarcity some countries are looking to the sky: As Ethiopia prepares to resume filling the Grand Ethiopian…
Also on our radar on 31 May 2021
M&A WATCH- Odin Investments has fully acquired Alpha Capital Holding for almost EGP 50 mn, Chairman Hashem El Sayed told…
New show at the Pyramids
Orascom Investment Holding (OIH) subsidiary Orascom Pyramids will invest EGP 200 mn in the early stage of the Giza sound…
Last Night’s Talk Shows: United Media Services Company presser, GERD dominate proceedings on the nation’s airwaves
Leading coverage on the airwaves last night: The nation’s talking heads were all talking about a press conference given by…
Bechtel could help fund Cairo Metro Line 6 with USD 2 bn loan
Bechtel is said to be arranging financing for Cairo’s sixth metro line: US infrastructure giant Bechtel will reportedly arrange facilities…
More railway funding from IBRD + moving towards modern irrigation
Fresh funding for our railways from IBRD: The Madbouly Cabinet signed off yesterday on a USD 362.9 mn facility from…
HA Utilities is one step closer to expanding into transport with EgyTrans acquisition
HA Utilities BV has been valued at EGP 721.5 mn in a fair value assessment from Grant Thornton, Egytrans’ financial…
Third tranche of JPMorgan railway loan coming soon + NBE seeks USD 1 bn syndicated loan for debt refinance
Egypt could get the third USD 335 mn tranche of a JPMorgan loan to finance the construction of two monorail…
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