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Local insulin producers expand as export demand grows
Producers are increasing insulin capacity to serve new export customers in Europe and Africa, but releases abroad remain tied to…
The CBE approved new rules allowing banks to verify customers entirely online
Good morning, folks. Egypt’s markets are growing, but not without some friction. We’ve got three stories about it today, covering…
Gov’t breaks ground on USD 658 mn Abu Tartour phosphoric acid complex
PLUS: A USD 67 mn Jieya hygiene-products plant breaks ground in Sokhna
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…
Chinese textile giant Jasan Group breaks ground on USD 117 mn Qantara West complex
Plus: Imarrae launches Phase 1 of a EGP 22 bn+ KIN development, with first-phase deliveries targeted for 2030
Gov’t weighs 5% tariff on imported EVs to protect local assembly
Plus: Senate studies a bill to temporarily lift customs duties, VAT, and administrative fees on imported solar inputs for three…
FRA slashes review fees by 50% for all sustainable debt to spur stalled market
Plus: Sunrise Resorts in final talks for EGP 8 bn syndicated loan to fund Cairo and Marsa Alam expansion
SCZone’s Qantara West lands EGP 2.4 bn ready-built factory investment from Capital
Plus: Modon Misr and Mwasalat Misr form JV to run smart-city transport networks
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