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The EGP punches through the EGP 50 barrier
👋 Good morning, friends, and happy long weekend. We’ve got a full issue for you today — starting with The…
China extends Egypt’s local-currency swap line for three more years
Analysts say without a push to grow Egyptian exports to China, the facility’s near-term use will concentrate on financing Chinese…
Tourism Ministry ups charter flight incentives to USD 165 mn
Plus: Egypt and China expand currency swap agreement to CNY 30 bn
China’s Sany is putting USD 300 mn behind Egypt’s first wind turbine factory
The factory’s first output would feed a new 1 GW wind project in the North Gulf of Suez, with some…
Cloud Chain plans a carbon-neutral textile complex in Port Said
The project, worth up to USD 2 bn, will be developed over two 24-month phases and include 30-50 textile companies
US-Iran war cost surges to USD 29 bn as Trump lands in Beijing
Good afternoon, ladies and gents, and happy (almost) weekend. Despite it being scalding outdoors, the news cycle seems to be…
Cabinet keeps Sunday WFH for another month to curb energy costs
Good morning, friends, and happy Thursday. Our big story today covers how the government is finally opening the door for…
China’s exports decelerate on disruption from Gulf war, seasonal distortions
Exports rose just 2.5% y-o-y in March, while imports increased by 28% y-o-y
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