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THIS MORNING: Russian flights return tomorrow + RIP Dalal Abdel Aziz
Good morning, wonderful people. You may rejoice: We officially have a four-day work week this week after the cabinet confirmed…
Russia eyes vehicle assembly in Egypt
Egypt could see locally assembled Russian vehicles: Russia is keen to expand its manufacturing partnerships with Egypt, especially when it…
Electric cars and covid lead the talk shows on 17 June 2021
El Nasr Auto’s plans to produce Chinese EVs was the big news of last night, after the Public Enterprises Ministry…
EV testing starts in July
Egypt will start testing China’s E70 EV cars next month ahead of launching an assembled-in-Egypt E70 in 2022: State-owned El…
Fire at El Marg detention facility kills 6, injures dozens
It’s a mixed bag in the foreign press this morning: Haaretz suggests that, with diplomatic efforts failing to produce a…
Keep an eye out for the first batch of new natgas vehicles
The first batch of dual-fuel vehicles under the state’s scheme to swap out old, gasoline-fueled cars will hit the road…
Score one for EVs in Egypt
EV assembly in Egypt could begin as early as July: State-owned El Nasr Automotive plans to begin assembling electric vehicles…
Everybody loves debt…
A fresh EGP 170 mn securitized bond issuance EFG Hermes is looking to take to market should soon get regulatory…
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