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Emaar Misr signs EGP 14 bn in construction contracts for Marassi Red Sea
Plus: Banque Misr moves to shut down sukuk subsidiary after no revenue, tighter CBE guardrails
July auto sales jump 15.6% y-o-y, as buses, trucks outpace passenger cars
The auto market grew 15.6% y-o-y in July as buses and trucks once again drove growth, with passenger cars staging…
The gov’t overhauls drugs pricing with FX band, smaller reference basket, and local production advantage
The EDA will roll out a new pricing system that prices locally made meds at 50-60% of import equivalents, and…
Egypt’s auto market grew in June, but dealers warn of shipping pressure ahead
Buses accounted for nearly all of June’s m-o-m market growth, as passenger-car sales were broadly flat, while dealers pushed back…
Imported cars are facing an unofficial squeeze ahead of a formal tariff coming by end-August
The squeeze shows that Cairo wants cars built here, not shipped in
Maersk is returning its MECL service to the Suez Canal
Good morning, friends. It’s a morning fit for regulators, with our three top stories connected by a common thread. The…
Chinese smartphone component makers eye Egypt entry
Plus: Beltone earns financial governance certification, launches AML compliance process
Industry Ministry ends the three-year ban on selling industrial land
The move allows investors to exit or pivot their capital much faster, reducing the “dead money” risk associated with building…
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