Egypt Edition 
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Logistics (MENA) 
Dabaa nuclear power plant debts to be paid in RUB. PLUS: National Navigation Company + Hangtong
Egypt’s first nuclear plant is expected to cost USD 28.8 bn
Turkey’s Şirikçioğlu to establish a USD 20 mn denim factory in Qantara West. PLUS: Egypt-Sudan logistics zone, GB Auto + Changan, Paragon Developments, Norpetco
The factory will create 500 direct jobs and roll out 18 mn tons of raw materials for the textile industry…
Israel presses pause on Egypt gas exports following US strikes on Iran. PLUS: Yacht tourism initiative, GE Healthcare + Al Safi Group
Israel had only just resumed gas exports on Thursday after a six-day pause
Abou Ghaly Motors to locally assemble the UAE’s Sandstorm autos
Abou Ghaly Motors in investing USD 26 mn to set up a factory for the project
The European Parliament gives its final greenlight to EUR 4 bn loan. PLUS: iSchool, State Grid, CI Capital, EgyptAir
A total of 386 out of 567 MEPs voted in favor of approving the loan
Egypt Kuwait Holding to sell entire 63.4% Delta Ins. stake. PLUS: SODIC, Madar Developments, Punalu, Erada Microfinance, DisrupTech Ventures
The Morocco-based ins. player submitted an MTO to acquire up to 100% of Delta Ins. at EGP 40 per share…
Ride-hailing app Arrw secures operating license. PLUS: Real estate funds, Nowpay + United International Holding Company
The company will kick off operations with a three-month trial period in Alexandria and the North Coast
Beyti plans to raise its investments in Egypt by EGP 7 bn over the next three years
The Almarai-owned producer is looking to enter new export markets this year, including China, Ivory Coast, Morocco, and Uzbekistan
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