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Local EV batteries in the works? + Italian firms want in on our rail network
The Public Enterprises Ministry is currently in talks with two local companies to manufacture a prototype battery for electric vehicles,…
Cabinet to establish automotive policy committee + fund for sustainable transport
A new automotive policy committee and changes to the law governing the Sovereign Fund of Egypt (SFE) were approved during…
How Egypt compared to global and regional infrastructure PPP trends in 2021
The global overview of public private partnerships in infrastructure in 2021: Investment commitments to public private partnership (PPP) projects in…
THIS MORNING: Shoukry in Sweden for climate talks; Bike-sharing is coming to Cairo in July
Good morning, wonderful people, and welcome to the last business day of May. It’s another busy news day, with the…
Last Night’s Talk Shows: ADQ industrial investment + high-speed rail lead the conversation on the airwaves
Leading the airwaves yesterday: A new industrial partnership between Egypt, UAE and Jordan that would see Abu Dhabi Wealth Fund…
Somabay to renovate Sheraton resort + Egypt to spend another USD 2.6 bn on US arms
Sheraton Soma Bay to get a new look: Somabay has secured an EGP 143 mn loan from Ahli United Bank…
Orascom Construction, Siemens and Arab Contractors consortium ink multi-bn USD high-speed rail contract
Siemens Mobility, Orascom Construction (OC) and Arab Contractors have signed a contract with the government for the second phase of…
MPs greenlight EUR 250 mn EBRD Alex metro loan
EBRD Alex metro loan gets House approval: MPs have approved a EUR 250 mn loan from the European Bank for…
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