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THIS MORNING: Egypt Petroleum Show rolls on as oil markets continue meteoric rise on Ukraine crisis
Good morning, wonderful people, and welcome to another really brisk newsday. PSA- Drive safely this morning: We’re in for thick…
Meeza card rollout for gov’t workers set to wrap up end-Jan
Meeza cards to replace all gov’t payroll cards by the end of January: Around 4.3 mn public sector workers will…
Steel manufacturers call for cheaper licenses
Steel manufacturers interested in new steel licenses from the Industrial Development Authority (IDA) want the authority to slash the license…
Abu Qir raises EGP 2.25 bn in secondary offering
Abu Qir Fertilizers completed the sale of 10% of its shares for EGP 2.25 bn (c. USD 143 mn), according…
New tobacco license terms
The tobacco industry is less than pleased with the latest set of conditions for a license to manufacture cigarettes, which…
Tobacco tender is back on
Bringing a new tobacco competitor into the market, take three: The Industrial Development Authority (IDA) has relaunched a tender for…
FX reserves inch up in October
Egypt’s foreign currency reserves inched up USD 24 mn in October, reaching USD 40.85 bn from USD 40.83 bn in…
JTI proposes new changes for tobacco license
Japan Tobacco International (JTI) is still lobbying to amend the contentious tender to offer additional licenses to sell tobacco products,…
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