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China to lend Egypt USD 400 mn for electric light rail train
The Export-Import Bank of China (China Eximbank) is lending Egypt USD 400 mn to finance the third phase of the…
THIS EVENING: We’re getting USD 400 mn from China Eximbank for the light rail transit system
Happy THURSDAY-equivalent, ladies and gentlemen. We’re in the last few hours of this abridged workweek as we head into a…
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
Cairo-Alex freight rail bypass tender to launch in 1Q 2024
The railway bypass will allow freight trains to travel between Alexandria port and the Sixth of October dry port
Pachin to delist from EGX. PLUS: MPs want answers on blackouts + news from Qatari Diar, Capricorn Energy and the SME development authority
Emirati firm National Paints Holding acquired more than 80% of the company from the government earlier this year
Here’s what’s happening with Uber
The company has denied rumors that it closed its bank accounts in Egypt and pledged to refund the transaction fees
Tourist numbers up 40% in 7M 2023 -Issa. PLUS: Egypt-Hong Kong investment ties, incorporation goes online
Egypt aims to attract 15 mn tourists to the country this year
Gov’t to up wheat cultivation area next year following disappointing 2023 harvest
Local wheat procurement reportedly fell 10% this year
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