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Savers pour EGP 471 bn into high-yield CDs. PLUS: Mining tender + subsea cable incoming.
Savers have poured some EGP 305 bn in CDs with NBE and EGP 166 bn with BM’s
Telecom Egypt gears up to launch 5G pilot
Good morning and welcome to the beginning of the work week. We start the week with news of an IMF…
Telecom Egypt receives the first 5G license in the country
The USD 150-mn license is valid for a 15-year period
B2Gold is looking to sell gold exploration licenses to Lotus Gold. PLUS: Heliopolis Housing multi EGP bn land purchase, Egyptian National Railways loan
B2Gold is pivoting away from Egypt to focus on its operations in South Africa
EIB, EU extend EUR 165 mn to green our industrial sector. PLUS: Jinbei’s buys Brilliance stake, GUPCO, data centers, steel price rises, sugar tenders
The funds will help the private and public sector combat industrial pollution
A good week for Vodafone Egypt + Egypt’s banks
Vodafone is on top of its ESG reporting: Vodafone Egypt released sustainability report for the year ending March 2023(microsite |…
Five int’l firms qualify for freight railway bypass tender. PLUS: ACUD, Beeah, wheat, Telecom Egypt
THE RACE IS ON FOR RAIL CONTRACT: Five international firms — including Chinese rail firms CRIG and CRRC, Siemens, Alstom,…
Top arbitration practitioners + Visa’s She’s Next awards three female business leaders
Top arbitration practitioners named: Who’s Who Legal (WWH) and Global Arbitration Review (GAR) have named Zulficar & Partners’ Mohamed Abdel…
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