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Egypt looks to clear USD 1.3 bn in outstanding arrears to global energy companies by June
The accelerated timeline surpasses previous plans to shrink the country’s outstanding dues to USD 1.2 bn by the end of…
Bahraini Crown Prince is in town
Good morning, all. We end this shorter-than-usual work week with another packed issue, led by debt news, as the government…
An Egyptian, Chinese, Bahraini, Emirati USD 220 mn solar component complex is coming our way
The project will be completed in three years
Egypt to ink agreements with Bahrain, UAE to cut customs clearance time
PLUS: The National Printing Company to make its EGX debut in 2H 2025
Stellantis in talks with gov’t to start assembling Fiat, Citroen, and Opel models locally. PLUS: SODIC, CIB + Chemicals & Fertilizers Export Council, Misr Ins., Eaton, MSMEDA
Stellantis was one of several car makers that expressed interest in the Egyptian Automotive Industry Development Program
Mumtalakat’s Beyon Solutions to acquire controlling stake in Link Development
The agreement is still subject to regulatory approval in Egypt and Saudi Arabia
IMF chief calls on China to “reinvent itself” to end mounting property crisis
A more domestic consumption-centered policy mix could add USD 3.5 tn to China’s economy over the next 15 years, says…
MENA bond issuances tripled in value y-o-y in the first nine months of 2023
Market data logged USD 61.1 bn in the first nine months of 2023
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