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Growth picks up to 3.5% in 1Q FY 2024-25 despite drops in energy production and Suez Canal revenues
Non-oil manufacturing grew 7.1% y-o-y in 1Q, marking its second consecutive quarter of growth
Regional escalations has cost Egypt some USD 7 bn in Suez Canal revenues
Good morning, all, and welcome to the very last Sunday of the year. We are taking these last few days…
Chinese company sets up USD 1.65 bn industrial complex in SCZone
Good afternoon, wonderful people. It seems that the news lull we predicted has proven false. Today’s issue is packed with…
GDP growth slowed to 2.4% in FY 2023-24
The figure represents a drop from the 3.8% growth rate recorded during the previous fiscal year
Ongoing geopolitical tensions continue to hurt Suez Canal revenues
Good morning, all. We have a brisk issue for you this morning as the news flow slows down after a…
El Sisi: Suez Canal lost USD 6 bn of revenues in the past eight months
Good afternoon, friends, and welcome to a new work week. THE BIG STORY TODAY Regional geopolitical tensions hit Suez Canal…
Germany’s Hapag-Lloyd will ditch Suez Canal until the end of 2024
Good afternoon, wonderful people. We have another brisk news day here at home as we are inching closer to the…
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
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