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Nokia will assemble phones in Egypt
Nokia phones will soon be manufactured in Egypt: Nokia phone manufacturer HMDGlobal is partnering up with Etisal for Advanced Industries…
Saudi wealth fund sets up company to invest in Egypt
Introducing the SEIC: Saudi Arabia’s sovereign wealth fund has set up a company to manage its investments in Egypt as…
On the airwaves last night: The crisis facing the automotive industry + the US-China row over Taiwan
Divergent views on the causes of the current issues facing the Egyptian auto industry were on display on Al Hayah…
Vitro could invest USD 400 mn in Egypt + more interest from Qatari investors
One of the world’s largest glass companies could be coming to Egypt: Mexican glass manufacturer Vitro plans to expand to…
Cement producers welcome another year of production quotas — and a slow ramp up of market supply
Cement production quotas are sticking around for another year: The Egyptian Competition Authority (ECA) has heeded cement companies’ calls to…
THIS EVENING: Cement production quotas are sticking around + NUCA could make Egypt’s biggest-ever securitized bond sale. Plus: All eyes are on Taiwan amid Pelosi trip.
Happy hump day, wonderful people. It’s a bit of a news dump day here in Omm El Donia, while global…
Train, metro fare hikes coming this month + military to build huge polyethylene facility
Metro and train fare hikes will likely be implemented later this month, in tandem with the government’s measures to expand…
THIS MORNING: Ukrainian wheat exports could start today; “No backsliding” on global climate targets, says Shoukry
Good morning, nice people, and welcome to the month of August. It feels a bit as if the volume of…
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