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Central Bank of Egypt’s USD 200 mn Africa export risk assurance company coming in 1Q2020
CBE’s USD 200 mn Africa export risk assurance company coming in 1Q2020: The Central Bank of Egypt (CBE) is set…
Madbouly, Italian business delegation talk trade and investment
Madbouly meets Italian business delegation: Prime Minister Moustafa Madbouly and Supply Minister Ali El Moselhi yesterday met with a delegation…
Egypt aims to increase gas production to 8 bcf/d by FY2020-2021
Egypt aims to increase gas production to 8 bcf/d by FY2020-2021, up from 7 bcf/day currently, an oil industry source…
Pharma companies' overdue export subsidies reach EGP 500 mn
Pharma companies are claiming they are collectively owed some EGP 500 in export subsidies from the government, Medical Industries Export…
Egypt’s pound rallies to near three-year high, breaking EGP 16 / USD 1 barrier
EGP rallies to near three-year high: The EGP rose to its highest level since February 2017 against the USD, breaking…
What we’re tracking on 17 December 2019
It’s another reasonably quiet morning, raising our suspicions that we’re approaching the end-of-year news slowdown, but two stories stand out:…
Idku LNG plant reaches full export capacity for first time in six years
The Idku liquefaction plant has reached its full export capacity of 1.1 bcf/d for the first time since 2013, a…
UAE plans to double its investments in Egypt over the next five years
INVESTMENT WATCH- The UAE plans to double investment in Egypt over the next five years: Jamal Al-Jarwan, secretary general of…
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