Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
AI + Innovation (MENA) 
Logistics (MENA) 
Government rejects proposal to hike the price of subsidized sugar. PLUS: HSBC + Juhayna, Nokia, Samih Sawiris’ FTI Touristik, EgyptAir, Podcast Productions
The state currently spends more than EGP 23 in subsidies on every kilo of subsidized sugar
Agthia wants to boost its exports out of Egypt. PLUS: News from TE, Vodafone, Huawei
Agthia’s exports from Egypt hit AED 24 mn in the first quarter of the year
GB Logistics launches bonded warehouse services. PLUS: News from GB Auto, Beltone, Infinity, EgyptAir
Bonded warehouses are government-authorized facilities that store goods for a limited time without being subject to fees
Beltone inks strategic partnership with the UAE’s Comera to develop payment, financing products. PLUS: Thames Freeport + Gorilla Technology, industry fund, Belmazad, Fawry
Comera Financial Holding runs a video call and messaging application called Comera
Telecom Egypt eyes USD 500 mn loan from Chinese lender. PLUS: Credit Agricole, Hyundai Rotem, UK Export Finance, ADES, Haier, Islamic Trade Finance Corporation, EgyptAir, Matouk Bassiouny
The company will reportedly pay for the loan in CNY given that a portion of its revenue stream originates from…
Turkey’s DNM inks contract to set up denim factory. PLUS: News from Heliopolis Housing, InDrive, Air Arabia
DNM last month received approval to move forward with the denim factory
Egypt could start producing sustainable aviation fuel in 2025
The gov’t plans to launch a platform for the procurement of waste cooking oil needed for SAF production
Honeywell gears up for sustainable aviation fuel project. PLUS: EU + French Development Agency finance water treatment plant, EDA to clamp down on counterfeit meds
Honeywell will complete a feasibility study for the project within the next few months
Something went wrong. Please refresh the page and/or try again.