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Traders move tankers to Port Said and Sidi Kerir as Saudi partially restarts East-West oil pipeline
Good morning, friends. We are heading to the weekend and two main stories have our attention — one about a…
Gov’t rejected VW’s request for incentives beyond the standard package
Plus: The AfDB is giving a USD 3.55 mn reimbursable grant to a green ammonia project in East Port Said
EgyptAir named World’s Most Improved Airline, jumping 64 ranks in three years
Plus: FRA freezes Speed Medical’s EGP 600 mn capital hike, halts shareholder vote.
BME signs contract with China’s CATL for EGP 2 bn battery systems plant
The facility will start with commercial-vehicle batteries before expanding into passenger cars and renewable-energy storage with 40% local content
BdC’s updated valuation study has been approved by a cabinet committee, marking a step closer to IPO
Good morning, folks. We’ve got three stories to kickstart the week, one about a macro surprise, another on our friends…
My Morning Routine: Hesham Radwan, general manager of Danone Egypt
“Work-life balance isn’t a phrase I like. I don’t see them as opposites that need balancing”
HSBC boosts Swvl’s working capital facility by 110% to USD 1.4 mn
Plus: Modon awards EGP 12 bn infrastructure and residential contract for Ras El Hekma’s first district
July auto sales jump 15.6% y-o-y, as buses, trucks outpace passenger cars
The auto market grew 15.6% y-o-y in July as buses and trucks once again drove growth, with passenger cars staging…
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