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Gov’t approves plan to reschedule industry’s debts to the Oil Ministry
Already requested debt repayments will be postponed until October
El Sisi returns new Criminal Procedures Law to the House
PLUS- Saudi Paper and its local paper manufacturing arm Carta Misr want to establish a USD 50 mn paper manufacturing…
EIT to localize the assembly of Kia models
Assembled-in-Egypt Kia models will hit our streets next year
GCC to remain among the top emerging market USD debt issuers this year -Fitch
Issuance this year has already reached nearly USD 55 bn
GoBus secures EUR 10.6 mn from the EBRD to expand and electrify fleet
The package will help GoBus finance the purchase of new buses, electric micro-buses, and intra-city vehicles
Kouchouk relays a message of optimism ahead of our IMF reviews
Kouchouk signaled that Egypt is on track to complete its fifth and sixth IMF reviews this fall
Eni, BP to drill exploratory gas well with USD 70 mn in investments this year
PLUS- Khalda Petroleum kicked off gas production at the new NUT-1 well in its Western Desert concession
Foreign reserves increase to USD 49.3 bn in August
PLUS- Rock Steel wants to set up a new EGP 1.5 bn factory in Beni Suef, producing a specific type…
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