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MSC added its weekly Himalaya services at Damietta, its second new call there in recent months
PLUS: The New and Renewable Energy Authority is eyeing EGP 2 bn in credit facilities from local banks to accelerate…
EAEF continues Fawry exit as its congressional mandate nears its end
PLUS: The gov’t is planning to launch an industrial investment fund with CI Capital within two weeks
HSBC boosts Swvl’s working capital facility by 110% to USD 1.4 mn
Plus: Modon awards EGP 12 bn infrastructure and residential contract for Ras El Hekma’s first district
EMC lands USD 18.6 mn Eni contract to supply Iraq’s Zubair oilfields
Plus: CMA CGM hits Red Sea-US routes with USD 8k peak surcharge
Double jet fuel prices force Egyptian airlines to rethink network economics
Fuel costs — which have now doubled in a matter of weeks — typically account for around 30-40% of total…
EgyptAir scales up with 12 aircrafts this year despite global supply constraints
Plus: Rawaj oversubscription signals appetite for Aspire’s fund pivot
Gov’t to grant firms operating in the planned Russian Industrial Zone decades of incentives
PLUS- Premium Healthcare to acquire Upper Egypt’s largest lab chain
Low-cost carriers are shaking up the country’s aviation sector
Regional budget airline capacity is growing at annual rate of 11.5%
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