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Egypt, Turkey mull local currency trade. PLUS: News from Rology, Taqa x Aman, and Telecom Egypt
Egypt wants to boost trade with Turkey by 50% to USD 15 bn in five years
Egypt buys 170k tons of wheat in int’l tender
State grains buyer GASC has purchased the grain from Romanian and Bulgarian suppliers
Global trade suffers biggest slump since covid as rate hikes bite
Trade volumes fell 3.2% y-o-y in June, according to new figures
Infinity to charge BMW EVs in Egypt. PLUS: Africa tariff cuts ratified, onion export ban, another wheat buy, and a West Cairo BRT could be in the making.
Infinity aims to increase its charging stations to 300 by 2024
Abu Dhabi’s export finance agency is funding more Emirati exports to Egypt
The agreement comes less than a month after ADEX agreed to finance Emirati wheat exports to Egypt
Our Manufacturer of the Month: Oriental Weavers
Oriental Weavers exports some 70% of its products to major retailers including Ikea and Walmart.
SODIC pays EGP 534 mn to expand Caesar project. PLUS: Business group want more action to boost exports
The developer purchased a 180-acre plot of land from the New Urban Communities Authority earlier this year
Thndr to debut in Saudi Arabia next year, says CEO. PLUS: News from aiBank, an export subsidy boost, and another wheat tender
The company is looking into acquiring a license in Abu Dhabi
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