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Gov’t to pay more overdue subsidies back to exporters in April + Russia moves forward on Dabaa
Exporters to get more of their overdue subsidies back in April: Exporters in the fourth phase of the government’s program…
Honda is putting EV plans on the backburner until the infrastructure is ready + China’s lockdowns are threatening to exacerbate component shortages
Honda banks on hybrid vehicles until global infrastructure is ready for EVs: While Honda has committed to investing USD 40…
THIS MORNING: A warm welcome to the UAE + the Pharaohs have a new coach
Welcome, friends from Abu Dhabi. IT’S A BIG DAY FOR the private sector after Abu Dhabi wealth fund ADQ bought…
THIS MORNING: GASC launches its first tender in weeks + Forbes gives props to Egyptian healthcare players
Good morning, friends, and happy hump day. It’s a brisk day on the news front, but there’s no single theme…
Ban Russian energy to make sanctions count -Zelensky
Ukraine wants its allies to hit Russia where it really hurts — in the energy sector. Ukrainian President Vlodomyr Zelensky…
THIS MORNING: Washington ringing alarm bells on global economy, food crisis ahead of IMF / World Bank spring meetings
Good morning, wonderful people, and happy almost-THURSDAY. It’s a brisk-but-not-busy news day here at home — by far the most…
El Nasr Automotive to sign agreement with new Chinese partner to locally assemble EVs
We’re getting a new Chinese partner for EVs: State-owned El Nasr Automotive will sign next week with an unnamed Chinese…
A strong start to the year for sukuk + investors sentiment tanks on high-growth firms
Surging oil prices gave sukuk transactions their best ever start to a year in 2022, Bloomberg reports. Sales of new…
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