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Suez Canal Authority to set up EGP 2 bn investment fund
The Suez Canal Authority (SCA) will establish a EGP 2 bn fund in March to finance its economic activities, SCA…
Record quarter for exports (and imports)
Egypt’s balance of payments recorded an overall surplus of USD 311.4 mn in 1Q2021-22 (which ended in September 2021), compared…
THIS MORNING: Gov’t to privatize “as many state companies as possible” + it’s gonna get windy out there
Good morning, friends. We’re drinking from a fire hose of news this morning, with tons of news on everything from…
Suez Canal targets USD 7 bn revenues in 2022
Suez Canal revenues are expected to hit USD 7 bn in 2022, up 11.1% from last year, Suez Canal Authority…
THIS EVENING: The search for new EV partners is on track + SCZone could get investment from Hungary
It’s a relatively quiet start to this new workweek, ladies and gents. However, we don’t expect the slowdown to persist…
Air Supply, Kima ink EGP 260 mn agreement for gas factory in Aswan complex
Air Supply and Kima ink agreement for new gas production project: Air Supply Group signed an EGP 260 mn agreement…
Suez Canal revenues were the highest on record in ‘21
Suez Canal revenues were up 12.2% in 2021, hitting a record USD 6.3 bn, Suez Canal Authority (SCA) boss Osama…
Supply chain crisis — the 2020 hangover that won’t (ever?) go away
The never-ending supply chain crisis: For infrastructure, 2020 was “the year of supply chaindisruptions and bouncing back.” And while plenty…
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