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Egypt launches EGP 100 bn program to boost local industry
Factories with annual sales of less than EGP 1 bn can now borrow at subsidized rates: The government and the…
Last night’s talk shows for Thursday, 5 December 2019
CBE’s EGP 100 mn subsidized lending for factories initiative has the airwaves buzzing: A Central Bank of Egypt-led initiative to…
Obour Land to invest EGP 30 mn in new production lines
Obour Land plans to invest EGP 30 mn to add new production lines in 2020, Deputy Chairman Ashraf Hamed said,…
More details on Egypt’s new export subsidy framework leak
More export subsidy details leaked: The local press was out yesterday with more leaks of the executive regulations for the…
Last night’s talk shows for Wednesday, 4 December 2019
President Abdel Fattah El Sisi’s inauguration of national projects in Damietta yesterday was the talk of the town on the…
Bargas’ Maher El Barwy, El Nasr Co ink MoU to set up new fertilizers factory
Liquefied gas producer Bargas owner Maher El Barwy and El Nasr Company for Fertilizers and Chemical Industries signed an MoU…
Regulations for Egypt’s new export subsidies framework
Executive regulations for the nation’s new export subsidies framework have leaked, but industry still has questions: The executive regulations of…
Egypt to get more clarity on export subsidies program as gov’t issues executive regs
New export subsidies program exec regs finally see the light of day, but exporters have mixed feelings: Prime Minister Moustafa…
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