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Egypt’s cotton production to go up 30% y-o-y in MY2021-2022
Cotton production in Egypt is expected to increase by more than 30% y-o-y to reach 280k bales in the 2021-2022…
FRA makes operations easier for charitable funds
Endowments of registered local charities will only be required to set aside a maximum of EGP 5 mn, or 2%…
Madbouly wants to see a faster natgas transition
Prime Minister Moustafa Madbouly mandated the acceleration of deliveries under the government’s natgas vehicle swap scheme as the second batch…
SFE lining up USD 2.5 bn in private-sector investment for desalination plants
SMART POLICY- The Sovereign Fund of Egypt (SFE) is looking to do with desalination what Egypt did last decade with…
Banque Misr to issue Meeza cards for Tanmeyah
A few things we’re keeping an eye on this morning: Banque Misr will issue prepaid Meeza cards for Tanmeyah Micro…
Egypt to build EGP 2.2 bn bulk grain terminal in East Port Said
Two commodity trading houses have signed a contract with the Egyptian government to build an EGP 2.2 bn bulk grain…
THIS MORNING: Cabinet <3 startups + Get ready for the new iPhone 13
Good morning, friends, and welcome to the final business day of the week. We’re heading into our last long weekend…
World’s biggest wastewater plant gets more financing
Emirates NBD will provide EGP 2 bn in financing to a consortium of four construction firms to build the largest…
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