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Logistics (MENA) 
The gov’t wants to increase oil and gas exports by 15% this year
A third LNG terminal is under consideration
MPs voice concern over public borrowing as budget debates kick off in the House
Majority parties voiced their support for the budget
Negotiations are underway for investments in two state-owned pharma firms through a capital increase
CID could soon have more than one shareholder
Core inflation rises to 40.3% y-o-y in May + Iraq’s PM is in town
Iraq and Egypt are set to sign a raft of cooperation agreements this week
Russian citizen dies in Hurghada shark attack
Authorities have closed the coastline in response
Roche partners with Eva Pharma to produce meds for organ transplant patients
Organ transplant patients will soon have access to locally produced meds
SEII close to acquiring 70% of state-owned glassmaker
SEII will buy into the company through a capital increase
Mashreq to expand digital platforms in Egypt this year. PLUS: Trouble at Alfa Market, Elsewedy eyes interconnector in Southern Africa
We discussed the lender’s growth strategy with Mashreq Egypt country head and CEO Amr El Bahey this week
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