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EIB considers EUR 90 mn loan for Tanta-Damietta railway upgrade
The European Investment Bank (EIB) is looking at extending a EUR 90 mn loan to the government to upgrade the…
Jordanian authorities sign off on Uber-Careem merger
Jordanian authorities sign off on Uber-Careem merger: Jordan’s Industry, Trade, and Supply Minister Tariq Hammouri last week approved Uber’s planned…
What we’re tracking on 27 October 2019
We have a rather packed issue this morning as the Russia-Africa summit wrapped on Thursday and a flurry of economic…
EETC signs EGP 656 mn in contracts with ELMACO, El Sewedy to supply transformers
The Egyptian Electricity Transmission Company (EETC) has signed two contracts with Elsewedy Electric and El Nasr Transformers and Electrical Products…
Agriculture Ministry to boost Egypt’s cultivation of “drought rice”
The Agriculture Ministry aims to increase the cultivation area for less water-intensive rice to 500k feddans from 150k feddans in…
NAT plans to auction shopping mall in Heliopolis metro station next year
The National Authority For Tunnels (NAT) plans to issue an auction for the design and construction of a shopping mall…
Telecom Egypt to have 20 mn homes fiber-optic-supported by 2020
Telecom Egypt is planning to install optical fiber in 20 mn homes by 2020, CFO Mohamed Shamroukh said, according to…
Egypt halts tuk-tuk licenses, moves forward with plan to replace three-wheeled vehicles with gas-run minivans
Local development ministry pushing plan to replace three-wheeled vehicles with gas-run minivans: The Local Development Ministry is reportedly pushing ahead…
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