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SODIC looking to invest c.EGP 5.17 bn in 2019
INVESTMENT WATCH- SODIC aims to invest about EGP 5.17 bn in 2019, the upmarket real estate developer said in an…
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IMF keen to support Egypt’s social safety programs, Azour says
The International Monetary Fund (IMF) is keen on supporting Egypt’s social safety programs, Middle East and Central Asia Director Jihad…
OIH-Prism JV agrees to negotiate settlement for sound and light show failure
A JV between Orascom Investment Holding (OIH) and Prism International has agreed to negotiate a settlement with the Sound and…
China Eximbank to finance Egypt’s USD 2.6 bn Attaqa hydroelectric plant
China Eximbank to finance USD 2.6 bn large-scale Attaqa hydroelectric plant: The Egyptian Electricity Holding Company has signed a financing…
Egypt in the News on 10 February 2019: gov’t population target, other headlines
The government’s “Two is Enough” population control program is the focal point of an in-depth piece by the Financial Times’…
China Development Bank offers USD 3.7 bn in financing to Egypt’s EEHC
BANKING WATCH- The China Development Bank is offering USD 3.7 bn in financing to the Egyptian Electricity Holding Company for…
What we’re tracking on 10 February 2019
It’s interest rate week, and it is anyone’s guess whether the central bank will give us chocolate on Valentine’s Day…
Egypt’s House drafting more constitutional amendments to economic indicators
LEGISLATION WATCH- Could MPs’ newfound interest in constitutional change see less funding for health, education? The House Planning and Budgeting…
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