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Abu Dhabi Ports to build and run Safaga terminal, cruise ship infrastructure
Abu Dhabi Ports to develop and run Safaga terminal in JV with state authorities: Abu Dhabi Ports (ADP) has signed…
More from El Sisi’s economy speech: Growing the EGX, support for local industry + cutting public debt
More on the Sisi administration’s plans to boost the economy: The state’s plan to attractUSD 40 bn in fresh investment…
EBRD buys into Scatec’s green bond issuance
The European Bank for Reconstruction and Development (EBRD) has confirmed that it is snapping up to USD 100 mn worth…
Fallout from war in Ukraine officially hit the auto industry in March — as expected
Passenger car sales fell 3% y-o-y in March, according to figures from the Automotive Information Council (AMIC), an industry association…
Egypt’s budget deficit narrowed in 9M2021-2022 + nothing will be left to rot in port over an L/C
Egypt’s budget deficit narrowed to 4.9% of GDP in the first nine months of FY 2021-2022, from 5.4% in the…
State puts out welcome mat for private business, looking to net USD 40 bn in investment over four years
The state wants to attract USD 10 bn in fresh investment annually over an unspecified four-year period by opening the…
Honeywell eyes USD 200 mn worth of investments in Egypt
US conglomerate Honeywell is looking to invest around USD 200 mn in petrochemicals and the production of green fuels for…
Nigeria-based fintech OPay moves forward with pre-paid cards and more in Egypt
OPay is expanding in Egypt: Nigeria-based fintech player OPay is preparing to expand its footprint in Egypt, launching pre-paid cards…
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