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El Sisi + Austin talk defense ties, Israel-Palestine tensions
President Abdel Fattah El Sisi and US Defense Secretary Lloyd Austin agreed to strengthen defense ties during talks in Cairo…
Gulf, US players to boost local pharma manufacturing + more genetic screening labs
Gulf companies and Vacsera will build a USD 10 mn medical supplies factory
Cabinet signs off on new wage, pension hikes with higher price tag than originally projected
The cost to the state budget: EGP 190 bn
Foreign Ministry condemns deadly Israeli raid in Jenin
Egypt condemns latest Israeli raid: The Foreign Ministry has condemned a raid by Israeli forces in the Jenin refugee camp…
AFC lines up USD 1 bn+ investment after Egypt becomes paid-up member
Renewables, gas, heavy industry, tech and finance could receive funding.
Companies no longer need a credit rating to issue bonds + sukuk
There are some caveats.
Shoukry attends G-20 meeting dominated by Ukraine war tensions
Shoukry at the G-20: Foreign Minister Sameh Shoukry attended the G-20 meeting on combating terrorism and humanitarian assistance and disaster…
Ezz Steel forecasts EGP 8.3 bn in losses on EGP depreciation. Plus: Smartphone assembly, mature oil fields, BdC’s e-payments arm — and plenty more
MANUFACTURING- Ezz Steel forecasts EGP 8.3 bn in losses on EGP depreciation: Ezz Steel expects to record losses of EGP…
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