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A big step towards import substitution
PROJECT PROFILE- Import substitution initiative to invest EGP 200 bn to localize industries: As part of the state’s ambitious plan…
Last Night’s Talk Shows: The gov’t really wants to talk about industry as the EGP devaluation sends the currency to record lows against the greenback
The economy dominated the conversation on the airwaves last night and over the weekend in the wake of the currency…
Profiling the Egyptian Black Sand Company’s Burullus plant
PROJECT PROFILE- The first black sand plant in Egypt: Last Wednesday, President Abdel Fattah El Sisi inaugurated a EGP 4…
Enterprise Explains: Golden licenses for industry
The Enterprise guide to GAFI’s golden licenses: Introduced in the Investment Act, which was passed in 2017, golden licenses create…
Smart device maker CardoO secures USD 660k in (pretty unique) seed funding
Homegrown smart device startup CardoO has landed USD 660k in a seed funding round led by Alexandria Angels with investment…
BTECH opens store #143, says it will do 10 more before year’s end
Our friends at BTECH, the home and consumer electronics retailer, opened store number 143 yesterday, cutting the ribbon on the…
In a market first, TCI Sanmar issues bonds to restructure 15% of its debt
TCI Sanmar issued bonds worth USD 117.7 mn in a private placement with nine foreign banks, according to a statement…
THIS MORNING: The government’s economic conference is not happening today. Or this month + Money for COP27
Good morning, everyone, and welcome to a super-busy Wednesday. Let’s jump straight in: NOT HAPPENING TODAY- The Madbouly government’s economic…
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