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THIS EVENING: Aldar / ADQ acquire 86% of SODIC; Green stimulus package coming March 2022; UAE employees get 4.5-day work week.
Good afternoon, ladies and gents: We have a brisk news flow to bring you today following the closure of Aldar…
Currently loading: The world’s largest spinning and weaving factory
Egypt plans to debut “the world’s largest spinning and weaving factory” in Mahalla Al Kobra next year, with trial operations…
US consortium gets EGP 3.5 bn Mogamma revamp contract
US-led consortium tapped for Mogamma overhaul: A consortium of US-based GlobalVentures and Oxford Capital together with the UAE’s Al Otaiba…
Missed your second vax dose? There’s still soup for you
Booster shots to roll in as of next Saturday: Anyone eligible for a booster shot will be able, as of…
Transmashholding to provide tech support + spare parts for its railcar deliveries
Russia’s Transmashholding will provide technical support and spare parts for the 1.3k rail cars it is delivering to Egypt under…
Butane gas for home use rises in price nearly 8%
Gas cylinders just got a little pricier: The Oil Ministry hiked butane gas cylinder prices by 7.7%, reaching EGP 70…
TONIGHT: El Nasr is talking to Dongfeng replacements next week + securitized bonds are still red-hot as PHD closes another issuance
Rejoice, friends, for it is finally the weekend. This week somehow felt particularly long, but we’re also not quite sure…
Under a watchful eye
Real estate developers may soon be coming under closer scrutiny after the Madbouly cabinet yesterday greenlit new regulations designed to…
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