Egyptian exporters can (sort of) use air freight to ship goods to Australia again after Canberra relaxed a 2015 ban on air cargo earlier this month. Shipments will only be accepted if they pass through specific intermediate countries such as the UAE, the US and Japan. Egyptian exporters have had to ship products to Australia via sea since late 2015 after the government banned air freight as a security measure. The ban was introduced just a few months after the downing of the Russian metrojet in Sinai.

The war in Ukraine paired with the EGP devaluation is putting the squeeze on contractors, African Federation of Construction and Building Contractors chief Hassan Abdelaziz told CNBC Arabia (watch, runtime: 25:26).

Other things we’re keeping an eye on this morning:

• Egyptian B2B marketplace Fatura has inked an agreement with Saudi SME fintech player Geidea to provide retailers and wholesalers with e-payment services. (Al Borsa)
• Egypt will ban entry of pesticides without testing and shipments will be disposed of if proven hazardous. (Al Shorouk)
• Air Arabia Egypt will launch a new service between Cairo and Dammam in Saudi Arabia starting 26 April. (Statement)