Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
AI + Innovation (MENA) 
Logistics (MENA) 
We’re getting two more LNG shipments soon. PLUS: News from Telecom Egypt, EBRD, Stellantis
The shipments will head directly to the Ain Sokhna port
ITIDA, Telecom Egypt, and Nokia to establish internet protocol center of excellence in Cairo. PLUS: Emirates NBD Egypt, Arab Contractors, Antipollution Egypt, Schindler, EgyptAir + Air Cairo + Nesma
The center will initially export digital services to over 60 countries in the MEA region
Government rejects proposal to hike the price of subsidized sugar. PLUS: HSBC + Juhayna, Nokia, Samih Sawiris’ FTI Touristik, EgyptAir, Podcast Productions
The state currently spends more than EGP 23 in subsidies on every kilo of subsidized sugar
Gov’t’s Pharos Energy bill rises to USD 37 mn. PLUS: Schneider solar projects, Tata Motors team up with MM Group, ValU + Bosta + PayTabs, Heliopolis Housing project, Nokia factory, new ADIB microfinance firm
The company intends to refrain from retrieving its USD-denominated receivables due to the exchange rate volatility.
Egypt’s burgeoning smartphone assembly industry just got a boost
Customs duties and development fees will be slashed on imported mobile phone components.
Nokia will assemble phones in Egypt
Nokia phones will soon be manufactured in Egypt: Nokia phone manufacturer HMDGlobal is partnering up with Etisal for Advanced Industries…
Dubai becomes a top-five IPO destination as DEWA shares soar on debut
DEWA shares surge on debut: The Dubai Electricity and Water Authority’s (DEWA) shares jumped as much as 23% on their…
Semiconductor shortage could take years to be resolved
Remember that semiconductor shortage? It’s likely to stay with us for a while: A global lack of semiconductors — essential…
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