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The expat car import scheme is making a comeback
Egyptian expats get another three months to import cars in exchange for FX deposits
Acdima to set up USD 165 mn pharma factory
The factory will produce some 28 active substances for the pharma industry\
Gov’t to sell stake in Alamal Alsharif Plastics -Asharq. PLUS: More Ebank stake sale rumors
The plastics maker is reportedly worth some EGP 7 bn
Maersk’s new green fuels venture eyes Suez Canal production hub
Maersk goes big on green fuel — with Egypt as a production hub: Danish shipping giant AP Moller-Maersk and its…
A week full of privatization + economy updates. Plus: There was plenty of diplomacy to go around
Good morning, ladies and gents, and welcome to another packed edition of the Enterprise Weekend Edition to match the relatively…
THIS EVENING: A new round of the car import scheme + New Maersk, AP Moller venture has its eyes on Egypt. Plus: More privatization updates
Good afternoon, ladies and gentlemen, and a very, very happy THURSDAY to us all. We have an uncharacteristically busy end…
The government is extending its land-for-FX scheme for another 6 months. PLUS: Avanz Capital is planning fresh investment in Egypt
The initiative is one of many the government has introduced in response to the FX crunch
Fitch expects net foreign liabilities in Egyptian banks to rise amid FX crunch
Net foreign liabilities in the banking sector hit a record high in June
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