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Saudi’s RSGT has over USD 1.5 bn to invest in ports, and Egypt is on the short list
Could Egypt be in line for a slice of investments from a Saudi port operator? Red Sea Gateway Terminal (RSGT)…
Dongfeng plans to invest USD 12 mn in EV assembly with El Nasr
China’s Dongfeng has upped its planned investments in a plan to locally assemble EVs with El Nasr Automotive to USD…
Egypt is going to start manufacturing high-precision lathe machines
A couple of things we’re keeping an eye on this morning: The Arab Organization for Industrialization will work with the…
Gov’t to slash subsidies doled out to help water companies cover expenses
State water companies will no longer be getting subsidies from the state to cover their spending shortfall starting next fiscal…
Zabaleen are getting new competition in Cairo
Gov’t hires two private companies for municipal solid waste management around Cairo: Four ministries signed contracts with Ertekaa Integrated Services…
OC, Samcrete, and Arab Contractors in talks for EGP 7.5 bn railway renovations
The Transport Ministry is in talks with Orascom Construction, Samcrete and the Arab Contractors to overhaul and upgrade some 820…
We’re getting serious about conserving water as GERD’s 2nd filling looms
The government will apply tighter water-saving measures to mitigate the impact of the second filling of the Grand Ethiopian Renaissance…
THIS EVENING: Stocks are having another bad day, BTC is still under pressure — and Gaza is still being bombed
Well, folks, that’s another work day in the books, and while Egypt’s role in trying to broker a ceasefire in…
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