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Gov’t cracks down on electricity theft with higher tariff for those caught. PLUS: Egypt-Italy power link, veterinary vaccine factory
Electricity being consumed by buildings illegally will come at the hefty cost of EGP 2.15 per kWH
Egypt and UAE ink three project agreements worth bns of investments
The agreements include a USD 3 bn oil logistics zone
GAFI wants to set up three new investment zones
The allocation process is expected to wrap up within two months
CI Capital one step closer to EGX33 fund. PLUS: Zaldi Capital, Obour Land, Qalaa Holdings, Gypto Pharma, Fujifilm, EgyptAir, Knauf
CI Capital wants to be “the country’s first” fund investing in shariah-compliant stocks
Comparing Egypt’s freezones with the UAE and Turkey
Egypt’s freezone system predates the UAE and Turkey’s, but export growth is lagging
Authorities are working on facilities to attract foreign investors to private freezones
Good morning, folks. It’s another hot day at home led by hot M&A news on the fintech front, with EFG…
Golden licenses and other incentives on offer in new government healthcare investment initiative
The state will cover half of the training costs of some projects
Telecom Egypt eyes USD 500 mn loan from Chinese lender. PLUS: Credit Agricole, Hyundai Rotem, UK Export Finance, ADES, Haier, Islamic Trade Finance Corporation, EgyptAir, Matouk Bassiouny
The company will reportedly pay for the loan in CNY given that a portion of its revenue stream originates from…
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