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A look at the government’s spending plans for the Hayah Karima initiative in FY 2023-24
Completing the initiative’s first phase is the top priority, with EGP 150 bn earmarked
Swvl closer to regaining compliance with Nasdaq audit regs
Company appoints Ayman Ismail to audit committee, a month after two of its members resigned
FinMin announces temporary VAT exemption on imported machinery and equipment. PLUS: Microfirms can borrow more, new PwC center,
Ministry didn’t disclose how long the exemption will remain in place
A look at the state’s infrastructure spending priorities for FY 2023-24
Transport remains the single largest recipient of infrastructure investments
Ashok Leyland could partner with El Nasr Auto on EVs
El Nasr Auto has been looking for a new foreign partner since talks with Dongfeng ended in 2021
Egypt Education Platform + Modon to launch new school in Alex in 2025. PLUS: News from Banque Misr, MaxAB, Kandil Steel, Qardy, NOSCO, Mastercard and Skoda
Construction on the school will start next year.
El Nasr’s search for an EV partner continues
El Nasr has been searching for a partner for years
Egytrans board approves NOSCO takeover bid
The share-swap arrangement values NOSCO at EGP 174.1 mn
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