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Contact tracing is on the agenda as public beaches remain closed and Eid prayers are broadcast-only
The Madbouly government released new regulations ahead of Eid Al-Adha, which getsunderway on Thursday. Contract tracing is on the agenda…
Egyptian government program to boost consumer spending goes live today
Gov’t program to boost consumer spending goes live today: A government initiative that aims to stimulate some EGP 125 bn-worth…
In brief on 22 July 2020
Stories worth noting in brief this morning: The Electricity Ministry is temporarily shelving plans to potentially export electricity to Iraq…
Restructuring plans for Egypt’s Holding Co for Maritime to be complete this year
PRIVATIZATION WATCH- Restructuring plans for Holding Co for Maritime to be complete this year: A consortium of consulting firms tapped…
Gov’t talks with GB Auto for tuk-tuk alternatives have come to halt
The Public Enterprises Ministry and GB Auto have ended talks to jointly manufacture an alternative to tuk-tuks, Al Mal reports,…
Details of Egypt’s consumer-spending initiative could emerge within a week
We could be hear the details of the government’s consumer-spending initiative within a week, if local press reports citing government…
Uber launches its first intercity bus service in Egypt
Ride-hailing app Uber has debuted an intercity bus service in Egypt, the company announced (pdf) this week. The service, which…
Raya mulls another securitized bond offering, days after EGP 562 mn bond sale
DEBT WATCH- Raya Holding is looking at another potential securitized bond offering around the end of this year or at…
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