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We want USD 2 bn more from IMF to bring our assistance program to USD 5 bn, a report claims
The Madbouly government wants to raise the size of the USD 3 bn to a total of USD 5 bn
Egypt’s Green Village Governorates: A push for ‘smart’ green communities in rural areas
PROJECT PROFILE- The Planning Ministry’s Green Governorates Initiative to make rural areas more energy- and water-efficient: Launched in late 2022…
We’re (temporarily) halting the sale of sugar to traders as prices soar
The ban aims to prevent sellers from hoarding supplies in anticipation of a coming devaluation
Introducing: The “What the Government Wants from Us” account
The gov’t will establish an electronic system for financial clearance and settlements between investors and government entities
Egypt buys 170k tons of wheat in int’l tender
State grains buyer GASC has purchased the grain from Romanian and Bulgarian suppliers
Egypt talks industry + funding with Hong Kong finance chief
Egypt-Hong Kong talks: Public Enterprises Minister Mahmoud Esmat called on financial institutions and companies in Hong Kong to collaborate with…
Orascom, Metito reach financial close for Abu Dhabi desalination project. PLUS news from Dar and Acacia, Banque Misr, Alameda, Siemens Healthineers
The USD 2.2 bn project includes a 500k cbm/day desalination plant and a 75-km water pipeline
Four international companies awarded oil and gas exploration blocks
Four concessions were handed to Eni, BP, Qatar Energy, and Zarubezhneft
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