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Egypt’s Nassar, UK’s Donaldson, Adams discuss post-Brexit cooperation
Post-Brexit trade between Egypt and the UK kicks into gear: Trade and Industry Minister Amr Nassar discussed post-Brexit economic cooperationwith…
GASC has not issued letters of credit for 16 wheat shipments
Gov’t dismisses traders’ claim of delay in letters of credit for wheat shipments: The government has responded to a Reuters…
Pharos Holding signs a global agreement with Exotix Capital
Pharos expands global reach in tie-up with Exotix: Our friends at Pharos Holding have inked a global agreement with emerging…
EDEX comes to a close but remains the star of Egypt’s talk shows
EDEX 2018, which came to a close yesterday, remained the star of last night’s talk shows. Several new products, including…
EBRD extends USD 50 mn to AAIB for Egypt exporters, importers
The European Bank for Reconstruction and Development (EBRD) has extended a USD 50 mn facility to the Arab African International…
ACC to restructure outstanding loans through new syndicated loan
Cement supplier Arabian Cement Company (ACC) is receiving a syndicated loan from the European Bank for Reconstruction and Development and…
No subsidies for electric car charging in Egypt, companies seeing potential
No subsidies for electric car charging stations? The Electricity Ministry will not subsidize electricity sold to recharge electric vehicles, Electricity…
Transmar looks to capture market share in citrus export season
EXPORT WATCH- Home-grown shipping giant Transmar is looking to capture new market share as Egypt’s citrus export season gets underway,…
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