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Logistics (MENA) 
Suez Canal, foreign reserves, new cities and chicken kept talking heads busy last night
Egypt getting its money’s worth in Suez Canal gains: A cabinet infographic showing a 5.4% jump y-o-y in Suez Canal…
Real estate
Vertical forest project to be implemented in the new administrative capital
Misr Italia is working with Italian architect Stefano Boeri to bring his “vertical forest” to its buildings at the new…
Earnings: Emaar Misr turns loss of EGP 324.3 mn in 3Q2019
EARNINGS WATCH- Emaar Misr turned net losses of EGP 324.3 mn in 2Q2019, down from a net profit of EGP…
Egypt signs USD 4.5 bn agreement for monorails to Giza and new capital
Orascom’s long awaited USD 4.5 bn monorail agreement finalized: A consortium of Bombardier Transportation, Orascom Construction and Arab Contractors signed…
Six Egyptian banks begin disbursing EGP 3.1 bn loan to Samcrete
Six local banks — the National Bank of Egypt, Banque Misr, Banque du Caire, SAIB Bank, Suez Canal Bank, and…
Tatweer Misr says North Coast’s Fouka Bay investments worth EGP 4 bn
Tatweer Misr is investing an estimated EGP 4 bn in its Fouka Bay project on the North Coast, excluding land…
Egypt signs agreement with Canada’s Bombardier for NAC monorail project
Our monorail dreams are a little bit closer: The Transport Ministry signed yesterday a contract with Canada’s Bombardier to build…
What we’re tracking on 05 August 2019
It’s PMI day: The Emirates NBD purchasing managers’ indexes for Egypt, the UAE, and Saudi Arabia are due out this…
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