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What the markets are doing on 21 February 2021
Climate change mitigation is the only factor that can drive the so-called commodities supercycle. This is the takeaway from an…
Small and mid-sized manufacturers are struggling to access bank finance, AUC study suggests
Small businesses have continued to have limited access to bank finance, and manufacturers have suffered more than most despite the…
Other news: Eurobond ceiling, labor advorce Farghaly dead at 73 + two corrections because we goofed
Other stories we’re tracking as the workday draws to a close: The ceiling for Egypt’s eurobond program has been raised…
Mitsubishi to begin assembling cars in Egypt
Mitsubishi Motors is planning to start assembling cars in Egypt using a Nissan-owned plant, the local press reports, quoting sources…
Also on our radar on 16 February 2021
More on the state’s plan to overhaul spinning and weaving: The Public Enterprises Ministry’s bid to streamline state-owned spinning and…
Magic sauce for industry: Lower natgas costs + new legislation?
Manufacturers could get lower natural gas prices if the House Industry Committee gets its way, with the committee lobbying Oil…
IFC to provide USD 30 mn in financing to glass maker Pasabahce Egypt
The International Finance Corporation (IFC) is lending USD 30 mn to the Egyptian arm of Turkish glassmaker Pasabahce to help…
FEI: Lame duck no more
Lame duck no more: The Federation of Egyptian Industries (FEI ) looks like it’s on track to get an “immunity…
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