INFRASTRUCTURE-

Egypt will spend EGP 5 bn on emergency rail maintenance following the Matrouh train derailment over the weekend that killed three and injured over 90 people, Asharq Business reports, citing an unnamed government source. A supreme committee will conduct technical inspections of tracks and maintenance facilities to ensure safety measures are in place.

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ENERGY-

The government plans on giving Shell and Petronas the green light to export two LNG cargos from the Idku liquefaction plant this month and the next. Each cargo will carry about 165k cbm of LNG — roughly 3.5 bcf of gas.

But why? Despite local gas output falling to a nine-year low in 2Q 2025, the Madbouly government believes the move to resume LNG exports will encourage international firms to increase their investment in the sector, the source said.

REAL ESTATE-

Real estate developer Dar Al Alamia launched its EGP 7 bn residential project Acasa Alma, the company said in a statement(pdf). The New Cairo project is on a 16-feddan plot and will feature low-density residential units, a clubhouse, cycling and jogging tracks, a swimming pool, and service areas. Delivery is expected within four years.

NBFS-

Five NBFS players secure licenses: The Financial Regulatory Authority (FRA) granted licenses for five NBFS players to establish real estate and investment funds or begin non-banking financial services operations, according to a statement from the authority.

Who received the licenses? Bokra Holding secured its licenses to establish the Bokra Private Equity Investment Fund and the Bokra Venture Capital Investment Fund, as well as to begin operations on its Bokra Metals Investment Fund. Madinet Masr’s Safe got the green light to establish its Safe Real Estate Fund and a securities underwriting and promotion arm, while Sahl secured a license to offer SME financing. Finally, Act Financial got the green light to operate investment funds independently or with third parties, and Sadara Holding is now allowed to expand its services to include securities underwriting and promotion.

INS.-

EFG Finance and GB Corp joint venture Kaf Insurance launched a new digital pension platform targeting corporates and their employees, expanding its suite of benefits beyond health and life ins., the company said in a statement(pdf). The product allows employees to track contributions, investment returns, and savings across multiple asset classes — including equities, fixed income, USD-based funds, and gold — while offering HR departments real-time dashboards to manage pensions efficiently.

What they said: “For too long, employees have seen pensions as a negative (a deduction on their monthly payslip). Our tool, by applying some principles from gamification, turns this dynamic on its head and boosts employee engagement, motivation, and appreciation of this valuable benefit,” Kaf CEO Sohail Ali said.

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