RENEWABLES-

UK-based Polar Hydro is looking to set up a USD 2.4 bn waste recycling plant in Giza under a private freezone system, according to a statement from the Industry Ministry. The facility would convert solid household waste into biofuel and organic fertilizers for local use and export. The project would help safely dispose of waste, create jobs, and support local industry.

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What’s next? Government officials will meet with company representatives to finalize the project’s studies ahead of presentation to the Ministerial Group for Industrial Development.

TELECOMS-

Telecom Egypt expects to fully settle its outstanding debts over the next four to five years, the company said in an disclosure (pdf) to the EGX, confirming guidance it shared with analysts during its 3Q 2025 earnings call.

EDUCATION-

Maxim Investment Group plans to pump EGP 6 bn into a new university in the new capital in partnership with a major UK institution, CEO Samieh Amer told Al Mal. The fully self-financed project will focus on medical and engineering programs and is slated to open in the 2026-27 academic year.

The company is also planning a second engineering-focused university in Beni Suef, offering advanced programs in engineering and technology. Amer said the expansion is part of Maxim’s wider 2026 strategy to build an integrated education-healthcare-medical-tourism ecosystem.

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