Egypt to supply Lebanon with gas

Egypt will supply Lebanon’s Deir Ammar Power Plant with natural gas under an MoU inked between the two countries’ oil ministries, according to a statement. The agreement is the latest in our efforts to become a regional energy hub and signals the government’s seriousness about the country once again becoming a net exporter of LNG.

Tasaheel closes EGP 3.5 bn securitized bond issuance

Tasaheel closed a EGP 3.5 bn securitization issuance, according to a statement (pdf) from Matouk Bassiouny & Hennawy, which provided counsel to the MNT-Halan microfinance arm on the transaction. The issuance marks the fourth tranche of a EGP 20 bn program.

ADVISORS- Al Ahly Pharos served as the financial advisor, Baker Tilly was the auditor, Capital Securitization Company was the securitization company, and Meris was the rating agency.

Eastern Company posts growth in 3Q

Tobacco giant Eastern Company saw its net income rise 18% y-o-y in 3Q 2025, coming in at EGP 2.2 bn, according to the company’s latest financials (pdf). Net revenues rose 31% y-o-y over the same period to EGP 10.6 bn.

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