Good afternoon, folks, and happy hump day. The news cycle seems to be picking up after a slow start to the week.
THE BIG STORY TODAY-
? Kuwait is in discussions with the government to soon put into action a planned USD 3 bn investment package, two government sources told EnterpriseAM. Negotiations between both parties are ongoing, with the first tranche of the planned investments expected to be agreed before the end of 2025 or in 1Q 2026.
The Gulf nation is interested in investing across multiple sectors – not just real estate development, which has dominated bit-ticket investment flows incoming from the GCC. Kuwait is taking an interest in our ports, logistics infrastructure, industry, and renewables, we were told.
They may also play a part in our airport privatisation push, with officials from the country having expressed interest in the first offering currently being prepared in collaboration with the International Finance Corporation and expected to be launched before the end of the year.
The investments will be partly funded by converting deposits it holds in Egypt’s central bank, in addition to direct investments into industrial and banking assets, data centers, and various industries, our sources told us.
** Want the full rundown? We will have our full report on the planned tranche of investments in tomorrow morning’s issue of EnterpriseAM — stay tuned.
THE BIG STORY ABROAD-
? All eyes are back on DC as the longest US federal government shutdown in history appears to be drawing to a close. The US Senate has voted 60-40 to approve a bill to reopen the government. The bill, now passed onto the House, where it is expected to pass as soon as tomorrow, includes three full-year funding measures for parts of the government and stopgap funding for the remaining parts until 30 January.
After being passed by the House of Representatives, the bill will then land on US President Donald Trump's desk to be signed. Trump has already expressed his support of the funding agreement, which forgoes Democrats’ long-standing demand to renew healthcare subsidies. (CNN | BBC | Reuters | Financial Times | Bloomberg)
Following the news, gold jumped 3% overnight to USD 4.1k per ounce. Dow Jones, Nasdaq, and S&P 500 futures were all in the up at the time of publication before Wall Street kicked off trading for the day. "Markets have reacted positively with a sigh of relief, but it may be too early to pop the champagne," OCBC Managing Director for Investment Strategy Vasu Menon told Reuters. (Reuters | Bloomberg)
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☀️ TOMORROW’S WEATHER- We’re in for another breezy day in Cairo tomorrow, with an expected high of 28°C and a low of 18°C, according to our favorite weather app.




