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EBRD, GCF earmark USD 1 bn for renewable energy fund in Egypt
EBRD, GCF earmark USD 1 bn for renewable energy fund in Egypt: The European Bank for Reconstruction and Development (EBRD)…
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Natural Gas Act regs ready in October
The executive regulations of the Natural Gas Act should be ready by early October, an EGAS official tells Al Shorouk.…
Cabinet approves investment act executive regulations
Prime Minister Sherif Ismail approved the executive regulations of the Investment Act at a Thursday meeting of cabinet. “Investment Minister…
Moody’s leaves Egypt’s B3 credit rating unchanged
The disappointment of the weekend: Moody’s left Egypt’s credit rating unchanged at B3 even as the research houses (including Pharos…
CBE leaves interest rates on hold
The central bank’s Monetary Policy Committee left interest rates on Thursday. The overnight deposit rate was held steady at 18.75%…
US takes a tough stance on NAFTA negotiations as Trump disbands two business councils
US takes a tough stance on NAFTA negotiations: Talks over the North American Freetrade Agreement (NAFTA) started on Wednesday, with…
Iraq forms new joint venture with pan-Arab shipping company
Iraq has formed a new joint venture “with a shipping company owned by Arab states to transfer, store and trade…
PM issues resolution governing chambers of commerce, establishes general authority for Golden Triangle
Chambers of commerce to be allowed to invest as institutions: Prime Minister Sherif Ismail issued a resolution yesterday that allows…
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