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Not shocking
No electricity price hikes coming this July, after all: The Madbouly government will freeze electricity prices to ease financial pressure…
More inflation coming our way
Could household electricity bills rise from 1 July? Households could see their electricity bills rise by as much as 21%…
THIS EVENING: Household electricity bills will be up as much as 20.8% by 1 July + Turkey-Russia talks on unlocking Ukrainian grain shipments end today on inconclusive note
It’s really almost-THURSDAY now, friends — the weekend is so close, we can almost smell it. This afternoon’s news flow…
The war in Ukraine is accelerating plans to link our electricity grid to Greece
Plans to link our electricity grid with Greece could move faster after the shunning of Russian fossil fuels: The Greek…
THIS MORNING: It’s interest rate day; US stocks have worst day since June 2020
Well, friends, we’ve made it through another workweek together. One long, hard push and the end of the workday will…
Electricity subsidies live on
SETTING THE RECORD STRAIGHT - Electricity subsidies haven’t been phased out. Electricity is and will continue to be subsidized by…
Pylon closes USD 19 mn seed round
Infrastructure management platform Pylon has raised USD 19 mn in a seed funding round led by Endure Capital, Cathexis Ventures,…
Edita to invest EGP 1 bn by 2025
EGX-listed snackmaker Edita plans to invest EGP 1 bn over the coming three years to expand operations, company chairman Hani…
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