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Edita to invest EGP 1 bn by 2025
EGX-listed snackmaker Edita plans to invest EGP 1 bn over the coming three years to expand operations, company chairman Hani…
Gov’t grants freezone status to Alexandria port cargo terminal
New freezone at Alex port for state-owned terminal: Cabinet approved yesterday the establishment of a freezone for the state-owned Egyptian…
THIS MORNING: More mosalsal drama + It’s PMI day
Good morning, wonderful people, and welcome to the first hump day of Ramadan — and the lightest news day we’ve…
Swvl to debut on the Nasdaq today after SPAC merger approved
Swvl is making its landmark Nasdaq debut today: Shares in Egypt-born, UAE-based mass transit app Swvl will start trading on…
Diplomacy was the topic du jour last night
Coverage of our major day of diplomacy led our airwaves last night: Former Deputy Foreign Minister Mohamed Hegazy joined Al…
We’re getting EUR 777 mn from France for Metro Line 1
France is lending us EUR 777 mn for the Metro Line 1 revamp: We yesterday signed a loan agreement with…
A mixed bag on the airwaves: IMF assistance, high speed rail, and more complaints about L/Cs
There was more speculation over what an IMF program might look like on the airwaves last night: MP Fakhri El…
Africa energy transition plan to launch at COP 27
Egypt is working on an energy transition plan for Africa alongside the African Union which will be launched during the…
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