Egypt Edition 
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AI + Innovation (MENA) 
Infrastructure 
Apache to invest USD 1.4 bn in Egypt in 2024. PLUS: Cairo International Airport Terminal 4, another GASC wheat tender + new solar tender
The US oil company is interested in exploring for gas in the Eastern Mediterranean
A Chinese firm wants to acquire a state-owned textiles company. PLUS: News from Emaar Misr + Cairo airport
Kingdom Holdings plans to set up its own factory in Egypt if acquisition talks with the government fail
Banque Misr’s MDI applies for digital banking license. PLUS: Cairo Metro Line 3, B.TECH + outsourcing
MDI is the first company to apply for a digital banking license
Agreements for 5 new tech schools under the Ebda initiative
The schools will specialize in manufacturing, construction and food tech
SODIC pays EGP 534 mn to expand Caesar project. PLUS: Business group want more action to boost exports
The developer purchased a 180-acre plot of land from the New Urban Communities Authority earlier this year
Abu Auf to enter KSA this year? PLUS: News from the CBE, Pickalbatros
Abu Dhabi wealth fund ADQ acquired a majority stake in the Egyptian food company last year
GAFI is simplifying filing procedures. PLUS: News from SODIC, Compass Capital, Wizz Air
This is the latest move by the authority to streamline business regulations
Dana Gas could get parliament’s signoff on new wells this year
Collections from Egypt dropped in the first half of 2023
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