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The Egyptian Securities Federation is finally a thing. PLUS: wheat talks, Air Cairo, Madbouly in South Africa, Fawry, Endeavor, and Neptune Energy
The ESF has been five years in the making
GB Corp, Raya CX, EKH Holding + TMG Holding report 1H earnings
We’re close to the end of 2Q earnings season
Updates on the car import scheme + plans to draw FX through real estate sales
A number of laws aimed at encouraging foreign ownership of real estate will soon head to the cabinet
Al Amal wants to resume Lada assembly in 2024
The company stopped assembling the Russian car last year thanks to Western sanctions
Auto sales decline in June
Egypt’s automotive sector is struggling amid a prolonged FX shortage and soaring inflation
Al Amal to temporarily shutter BYD assembly plant on FX shortage
Al Amal has cut production by more than half over the past year, could look to resume assembly of Lada…
El Sisi urges Putin to restore Black Sea grain pact
El Sisi held direct talks with Russian president Vladimir Putin during the summit last week
Japanese auto parts manufacturer given land for factory
Japanese manufacturer Yazaki will begin construction of its EUR 30 mn factoryin Fayoum’s first freezone after signing land contracts with…
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