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THIS MORNING: Welcome to EFG Hermes + hotel restaurants, beaches will still be open this Eid holiday
Good morning, everyone, and welcome to another abridged workweek. We now have three days of work and, for those who…
Also on our Radar on 6 May 2021
The share transfer process in First Abu Dhabi Bank’s (FAB) acquisition of Bank Audi’s Egypt unit has been completed, sell-side…
We’re getting our export council back
Egypt is resurrecting a council responsible for overseeing the country’s exports, according to a presidential decision green-lit today during the…
Hyundai Rotem, NERIC to manufacture railcars in Egypt
South Korea’s Hyundai Rotem will partner with the National Egyptian Railway Industries Company (NERIC) to produce railcars in Egypt after…
Underage marriage = no welfare benefits
SMART POLICY- Financial support from the Takaful and Karama program could become contingent on families refraining from marrying off underage…
Sputnik and J&J coming to Egypt as third wave washes over the nation
The Health Ministry reported 1,078 new covid-19 infections yesterday, up from 1,051 the day before. Yesterday’s daily case count is…
On the dole
Spending to tackle the fallout from covid-19 has exceeded the EGP 100 bn earmarked for a government stimulus package announced…
Three scenarios for how the private sector could help Egypt’s railway
Here’s what private sector involvement in Egypt’s railways might look like: The government is mulling establishing three JVs with foreign…
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