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Huawei Egypt gets new CEO + Egyptian Air Force, Egyptian National Railways get new chiefs after cabinet shuffle
Huawei has appointed Jim Liu as CEO of Huawei Egypt, succeeding Vincent Sun, the company said in a statement(pdf). Liu…
With a long road to profitability, a rethink of the traditional ride-hailing business model is in order
The ride-hailing business model has been more bust than boom — and homegrown Swvl’s operational pivot is proof: Earlier this…
Inflation hits new three-year high in July
Inflation resumed its upward trend in July, reaching a fresh three-year high on the back of higher food and fuel…
Last Night’s Talk Shows: Talking heads discuss food prices + Suez Canal revenues
The latest from President El Sisi led the conversation on the airwaves last night: The president has instructed the government…
Bidding is still open for the EV charging private sector partner — with a reduced stake
Private sector partners can still get in on the new state EV charging company: Qualifying bidders looking to manage and…
Orascom Construction’s new awards rise 55% y-o-y in 2Q 2022 thanks to high-speed rail contract
Orascom Construction (OC) saw new awards rise 55% y-o-y in 2Q 2022 to hit USD 1.8 bn, the company said…
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…
Swvl has terminated its acquisition of UK-based Zeelo due to “market volatility”
Swvl’s acquisition of UK-based smart bus platform Zeelo is off: Cairo-born mass transport app Swvl will not be acquiring UK…
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