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Egypt’s Railways Authority mulls buying 50 new locomotives from Siemens
The National Railway Authority is considering buying 50 new locomotives from Germany’s Siemens, the local press reports, citing an unnamed…
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What we’re tracking on 23 March 2020
Egypt now has 327 confirmed cases of covid-19 after 33 new cases, all Egyptians, were reported yesterday by the Health…
What we’re tracking on 17 March 2020
The Central Bank of Egypt slashed interest rates 300 bps in a surprise move yesterday evening — the same day…
What we’re tracking on 8 March 2020
Egypt has 48 confirmed covid-19 cases, the Health Ministry confirmed over the weekend, 45 of them passengers and crew on…
What we’re tracking on 27 February 2020
Don’t expect today’s GERD talks to amount to anything more than small talk: Ethiopia is trying to back out of…
What we’re tracking on 17 February 2020
The central bank’s push to develop SME and digital banks and M&A news lead an otherwise reasonably quiet morning. We’d…
Germany’s TUI plans to increase arrivals to Egypt by 25% this year
TUI is planning to increase bookings to Egypt 20-25% y-o-y in 2020, the local press reports, citing a source close…
What we’re tracking on 9 February 2020
A slow news weekend has given way to a very busy week in which regulators (kicking the tires on at…
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