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Aramco to supply Egypt with 500k barrels of crude oil per month for six months
Good thing we have that Aramco hookup: Saudi Aramco will supply Egyptian refineries with crude oil for six months beginning…
Speed Round
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Car assemblers, bakers and transport providers grapple with fuel price hike
Automotive assemblers, bakers and transport providers continue to grappling with the impact of this past weekend’s fuel price hike, the…
Gov’t preliminarily approves using BOO framework to replace FiT for wind energy projects
FiT for wind replaced with BOO? Alcazar Energy’s gamble on build-own-operate makes sense, considering reports that former Prime Minister Sherif…
This is the age of renewables in Egypt, say regional industry bosses
This is the age of renewables in Egypt, say regional industry bosses: As private investment in renewable energy grows globally,…
Fresh Electric eyes IPO on EGX, could offer 20% of company for sale
IPO WATCH- Fresh Electric For Home Appliances Company is planning to sell as much as 20% of its shares in…
Parliament wants to raise income tax for salaries exceeding EGP 500k per annum
LEGISLATION WATCH- Is the wealth tax coming back in a watered-down form? House Budget committee is looking to raise tax…
IBM Egypt appoints Wael Abdoush as Country GM
MOVES- IBM announced the appointment of Wael Abdoush as Country General Manager to IBM Egypt, Al Mal reports. Abdoush, who…
CIB, Elsewedy Electric, Orascom Construction, GTH honored among top Arab listed companies
CIB, Elsewedy Electric, Orascom Construction among top 100 listed companies in Arab world: Our friends at CIB, Elsewedy Electric, Orascom…
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