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India is looking into setting up a USD 60 mn carbon black factory in Egypt
Good afternoon, folks. It’s only Tuesday but we have already started counting down to the weekend. THE BIG STORY TODAY-…
Gov’t cracks down on electricity theft with higher tariff for those caught. PLUS: Egypt-Italy power link, veterinary vaccine factory
Electricity being consumed by buildings illegally will come at the hefty cost of EGP 2.15 per kWH
Emirati-Saudi consortium pulls out of NDP HQ redevelopment project amid rising costs
The EGP float pushed up raw material and energy costs
Al Ismaelia to complete two new Downtown hotels by 2025. PLUS: EGPC goes solar, CIB + Ostuka, NoorNation + KBW Ventures, Radwan, Rowan university heads to the NAC
The projects will add a combined 120 units to the area’s hotel capacity
Trade in investment in the spotlight in the run up to Egypt-UK Investment and Opportunities Forum in London this September
The forum is being hosted by HSBC, the Egyptian-British Chamber of Commerce, and UK Export Finance.
Investors lose access to key data as China stops sharing daily flows data
China is expected to see its first annual outflow from its bourse since 2016
SFE head Ayman Soliman resigns
Soliman submitted his resignation prior to the cabinet shuffle
Local trade offices see USD 11.6 bn in fresh foreign investment
Most of the funds are destined for the energy sector
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