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Infrastructure 
Transport Minister defends spending on Talgo trains, rail infrastructure
Transport Minister defends spending record at the House: Transport Minister Kamel El Wazir defended his ministry’s spending on trains and…
Investment banks eye terminal operator IPOs — and Qatar’s SWF is looking for a strategic stake
A unit of Qatar’s sovereign wealth fund is eyeing majority stakes in two state-owned terminal operators as investment bankers angle…
Industrial investors to get 6-month grace period from late delivery penalties
Gov’t to give industrial investors some breathing room: The Madbouly cabinet approved giving the Industrial Development Authority (IDA) the power…
Local mobile manufacturers could soon catch a tax break
Fresh tax incentives for local mobile phone assemblers? The Finance Ministry is considering cutting a 5% development fee on imported…
Another USD 1.5 bn from the ITFC for energy and commodities imports
More imports money from the ITFC: The government has signed a fresh USD 1.5 bn financing agreement with the International…
Travco wants to capitalize on the tourism rebound + Gov’t calls for USD 30 bn investments to reach 30 mn guests
High-profile tourism firm Travco Group plans to invest EGP 7 bn this year to raise its hotel capacity amid expectations…
PM Madbouly talks all things econ as cabinet approves subsidized loans to industry, bumps state wheat procurement price
Prime Minister Moustafa Madbouly has good news for manufacturers and growers: In a press conference following yesterday’s weekly cabinet meeting,…
Five consortiums bid to build three cooking oil complexes
Five local and international consortiums have submitted offers to establish three cooking oil complexes with investments of up to USD…
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