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Ministerial committee resolves TAQA Arabia dispute with EGAS
The Ministerial Committee for Settlement of Investment Disputes announced a settlement has been reached in a dispute between Qalaa Holdings…
Germany’s BSH looking to establish EUR 80 mn home appliances factory in Egypt
INVESTMENT WATCH- Germany’s BSH looking to establish EUR 80 mn home appliances factory: Germany’s Bosch und Siemens Hausgeräte (BSH) is…
Banque Misr in talks to borrow USD 650 mn
Banque Misr is in “advanced talks” with international lenders to secure USD 650 mn in funding, Chairman Mohamed El Etreby…
Egypt’s trade deficit fell 25% y-o-y in 2017
Egypt’s trade deficit fell 25% y-o-y in 2017 thanks to falling imports and rising exports, Trade and Industry Minister Tarek…
Egypt to stop importing LNG as early as July
Turning now to business news: Egypt could stop importing LNG as early as July, well ahead of its previous schedule,…
What happened to Hisham Genena?
What happened to Hisham Genena? Former Central Auditing Organization head Hisham Genena, who was a top official in former Chief…
El Sisi files nomination papers, Khaled Ali withdraws from presidential race and El Wafd blocks El Sayed El Badawy’s bid
President Abdel Fattah El Sisi filed on Wednesday his papers to seek a second term, Al Masry Al Youm reported.…
Egypt climbs six spots in Agility’s Emerging Markets Logistics Index
Egypt climbed six spots to rank 14th in Agility’s 2018 Emerging Markets Logistics Index (pdf), which surveys 500 supply chain…
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