Good afternoon, friends, and happy hump day. The news cycle here at home is once again dominated by the volume of agreements coming out of TransMea, as well as the ongoing war in Gaza.

THE BIG STORY TODAY

Egypt signed a total of 13 agreements with local and international companies on the second day of the TransMea 2023 expo today, the Transport Ministry said in statements (here, here, here, and here). The agreements cover — among other things — maritime transport and ports, dry ports, and logistics zones.

THE BIG STORY ABROAD

The latest developments in Palestine continue to lead the conversation in the international press this afternoon. Picking up where we left off this morning, Israel’s plans to keep its forces on the ground in Gaza after the fighting ends is still broadly topping headlines, while residents still in Gaza City have been given a four-hour window to escape the area as Israel prepares to begin storming the city. (Reuters | Wall Street Journal | Bloomberg | CNBC)

HELP GAZA-

Want to support relief efforts in Gaza, but don’t know how? We’ve got you. More than 1 mn people in Gaza have been thrown from their homes and every human being there lacks access to food, water, and fuel amid the most intense bombardment any population has endured this century.

The folks at Talabat are processing donations for a range of Gaza relief appeals by charities including the Egyptian Food Bank and Misr El Kheir. Pay in EGP using your credit card.

Or check out our list of charities to which you can make direct donations via bank deposit and / or Fawry.

** CATCH UP QUICK on the top stories from today’s EnterpriseAM:

  • Issa sounds positive note on tourism despite Gaza war uncertainty: Egypt is on track to meet its target of attracting 15 mn tourists this year despite the impact of the war in Gaza — and is introducing new incentives to support tourism in South Sinai, Tourism Minister Ahmed Issa said.
  • Planes, (a lot of) trains, and automobiles: Two days into the ongoing TransMEA 2023 industry event in Cairo, the state-run National Authority For Tunnels (NAT) has already signed a heap of contracts, framework agreements, and MoUs with Chinese, European, and local companies.
  • United Finance jumps on the securitization bandwagon: United Bank’s financing arm United Finance raised EGP 617.5 mn in a securitized bond issuance.

☀️ TOMORROW’S WEATHER- It’s still going to be rather warm tomorrow, bringing us a daytime high of 30°C before the mercury cools to a low of 19°C in the evening, according to our favorite weather app.

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