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A look into efforts to localize Egypt’s auto industry
Efforts to localize the auto industry may be starting to bear fruit: The number of automakers looking to locally manufacture…
Goodbye, import restrictions?
Good morning, friends. We’re two days into the workweek and the local business news cycle is yet to get into…
Fertilizer manufacturer Biogrand to open SAR 25 mn KSA factory in early 2025. PLUS: East Qantara Dry Port, EU trade agreement, Al Modawat Specialized Medical
The factory will be established in partnership with unnamed Saudi investors
CBE expected to soon lift import restrictions on non-essential goods following FX liquidity uptick
The CBE on Sunday asked local banks to categorize letters of credit for the 13 non-essential goods that require prior…
Cabinet unveils plan to produce and export green hydrogen
Good afternoon, friends, and happy Thursday. We might be gearing up for a restful weekend, but the news cycle shows…
NBK Egypt provides financing for Sokhna container terminal. PLUS: News from Rameda, Infinity, Enara, MSMEDA
EDECS last month broke ground on the new container terminal
Our biggest wheat tender to date
GASC launched a tender for up to 3.8 mn tons of wheat
Non-oil trade deficit declines 16% in 1H 2024
The improvement was attributed to a 9.8% increase in exports and a 3.3% decrease in imports
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