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Stellantis wants to build 50k cars a year here
Automobile manufacturer Stellantis Egypt wants to locally produce 50k cars a year, Managing Director Hesham Hosny said at an industry…
It’s groundhog day for the Elon Musk / Twitter saga
Elon Musk gets sued over Twitter buyout, again: A Twitter investor has accused the world’s wealthiest bn’aire of manipulating the…
The World Bank and IMF don’t have bottomless bailout capacity
Are the IMF and World Bank stretched too thin? Economists are concerned that world’s biggest lenders are stretching themselves too…
Nissan pours more into EVs + Domestic violence is costing the economy bns
Domestic violence could be costing EU economies bns, with the European Institute for Gender Equality estimating that European economies are…
TONIGHT: Egypt began selling USD-dominated bonds today. + Is Mercedes-Benz resuming assembling in Egypt? ALSO: US pushes Egypt to improve human rights record.
Well, wonderful people, that’s a wrap on another workweek. We hope this second day of fall has been good to…
Other news: Eurobond ceiling, labor advorce Farghaly dead at 73 + two corrections because we goofed
Other stories we’re tracking as the workday draws to a close: The ceiling for Egypt’s eurobond program has been raised…
Mitsubishi to begin assembling cars in Egypt
Mitsubishi Motors is planning to start assembling cars in Egypt using a Nissan-owned plant, the local press reports, quoting sources…
Also on our radar on 20 December 2020
Egypt needs to cancel dutyfree access for imported cars if it wants to encourage domestic car assembly and become a…
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