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

  • Toyota and Siemens have both qualified to bid for the tender to establish an supervisory energy control center for the Alexandria Electricity Distribution Company. The Japanese International Cooperation Agency (JICA) will provide USD 65 mn to finance the project as well as another energy control center in the governorate.
  • Al Ismaelia for Real Estate Investment plans to earmark EGP 120 mn for real estate projects in Downtown Cairo this year, with a plan to invest EGP 900 mn over the next three years.
  • Export dutieson some scrap metals, paper waste, and ores will remain inplace until the end of the year.
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