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Infrastructure 
More players can set up investment funds. PLUS: Funds for Takaful and Karama, Italian interest in our food sector, new investments from Cairo 3A
MSME finance and consumer finance companies can now set up investment funds
ADES Holding handed 10-year contract to operate Suez brownfields. PLUS: Beltone Mortgage, Majid Al Futtaim, Sky Investments, EGBank
ADES LANDS SUEZ BROWNFIELDS- A consortium led by the Saudi Public Investment Fund (PIF)-backed ADES Holding was awarded a 10-year…
Egypt to survey land plots for new renewable energy projects. PLUS: Recycling phones, more hotels, and an airline returns to Egypt.
MORE SOLAR + WIND PROJECTS? The New and Renewable Energy Authority (NREA) will run studies on the suitability of almost…
Aton Resources to start producing gold in Egypt in 2025. PLUS: FX crunch hits Ezz Steel
Aton has struck gold in its Marawat concession in the Eastern Desert, where it has been prospecting since 2010
World Bank to help localize climate-friendly agritech in Egypt + An African PE outfit wants a stake in a local pharma firm
GREEN FARMING- The World Bank will help Egypt localize climate-friendly agritech. (International Cooperation Ministry statement) PHARMA M&A- Rwanda-based private equity…
Five int’l firms qualify for freight railway bypass tender. PLUS: ACUD, Beeah, wheat, Telecom Egypt
THE RACE IS ON FOR RAIL CONTRACT: Five international firms — including Chinese rail firms CRIG and CRRC, Siemens, Alstom,…
EFG Holding exits Jordan, Air Cairo expands to West Africa + GASC buys 180k tons of wheat
GOODBYE, AMMAN- EFG Holding has completed its exit from Jordan. (Companydisclosure, pdf). HELLO, WEST AFRICA- Air Cairo will begin flying…
Renewable energy link to Italy. PLUS: News from Engazaat, Supreme Council of Ports and Logistics, and Wizz Air
ENERGY- Italy-Egypt subsea link is in the works: UAE-based energy company K&K Group has signed an MoU on the sidelines…
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