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Yazaki signs with GAFI on export-oriented EUR 20 mn auto parts factory
Japan’s Yazaki to build Fayoum auto parts factory for export: The General Authority for Investment and Freezones has signed an…
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TE partners with Amsterdam firm to launch internet exchange point
Egypt’s first open-access internet exchange point is live: An internet exchange built by Telecom Egypt and the Amsterdam Internet Exchange…
Contact + Nawy sign EGP 1 bn financing agreement + Med wealth funds launch a colab
Contact + Nawy sign EGP 1 bn financing agreement: Contact Financial’s real estate finance subsidiary will lend EGP 1 bn…
Arabia Investments wins appeal in years-long lawsuit against Peugeot
A Cairo court has upheld Arabia Investments Holding’s appeal in its years-long EUR 150 mn lawsuit against Peugeot, filed in…
CDs see EGP 260 bn in inflows in a week
More than a quarter of a tn EGP now invested in CDs: More than EGP 260 bn has been poured…
Vendors at tourist sites will continue to pay 50% rent until July
Rent reductions for vendors at tourist sites until June: The Supreme Council of Antiquities’ will extend the 50% reduction on…
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…
Edita bumps up pricing amid global commodities squeeze
INFLATION WATCH- Edita Food Industries has raised prices for some of its products by EGP 1-2, it said(pdf) yesterday. Products…
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