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Tax reform, new incentive packages, new labor council, and more from Madbouly’s post-cabinet meeting presser
Egypt will subscribe to 414 shares in the EBRD’s capital increase
Local consortium to build USD 450 mn Dekheila dry bulk terminal
The terminal will add some 6-7 mn tons to our annual handling capacity
AstraZeneca to nearly double local pill production by 2028 as part of USD 50 mn plan. PLUS: BAIC Group, Fiat + Dynamic Distribution, Capricorn, Jaz Hotel Group, Ferrum Egypt, NextEra, Makanak, Melee, City Lab
The big pharma giant also wants to localize 80% of units produced at its Egypt plant by 2028
Gov’t continues to crack down on strategic commodities hoarding
Rice, sugar, blended oil, fava beans, white cheese, milk, and pasta will continue to be designated as strategic commodities
Egypt is looking to tap USD 3 bn worth of external debt by June, Kouchouk reportedly tells foreign investors
Key to bringing down costs is diversifying our debt instruments, gov’t source says
No more power cuts, more investments, and more from Madbouly’s latest presser
Our natural gas output will return to normal levels before June 2025
How are state plans to increase the number of international students enrolled in state universities playing out?
The government wants to see 200k international students enrolled in Egyptian universities in 2030
Gov’t wants to launch over USD 300 mn worth of PPPs at Dekheila Port. PLUS: Cairo International Airport, Le Mans, Citibank, Beyti, CI Capital
The Dekheila Port development plan has reached 45% completion, our source said
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