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THIS EVENING: Steel manufacturers are starting to cut prices + the EU is preparing to replace Russia’s natgas supplies
It’s a relatively calm Wednesday afternoon on the home front, ladies and gentlemen, giving us hope for a smooth slide…
Importers are still pushing back on the CBE’s new L/C system
Leading industry figures are still pushing back on the CBE’s requirement that importers open L/Cs: Legislators and industry reps are…
Gov’t to pay more overdue subsidies back to exporters in April + Russia moves forward on Dabaa
Exporters to get more of their overdue subsidies back in April: Exporters in the fourth phase of the government’s program…
Tourism ministry campaign gets traction, companies do good during Ramadan
The new national tourism campaign #FollowTheSun is generating results: In the two weeks after its mid-March release, the campaign has…
Gov’t to offer 19 desalination projects to private-sector partners
Nineteen water desalination projects will soon be up for grabs: The government will offer nineteen water desalination projects with a…
Gov’t grants freezone status to Alexandria port cargo terminal
New freezone at Alex port for state-owned terminal: Cabinet approved yesterday the establishment of a freezone for the state-owned Egyptian…
A mixed bag on the airwaves: IMF assistance, high speed rail, and more complaints about L/Cs
There was more speculation over what an IMF program might look like on the airwaves last night: MP Fakhri El…
Contractors’ margins are under threat by rising raw material costs
How rising raw + building material prices and higher borrowing costs are expected to impact Egyptian infrastructure players, according to…
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