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Infrastructure 
Orascom Pyramids to double investment in Giza Plateau redevelopment. PLUS: Tabreed halts investment amid EGP uncertainty
The company will invest a further EGP 500 mn in its project to redevelop the pyramids area
Singapore chemicals firm eyes Egypt. PLUS: EgyptAlum, valU and a USAID-backed entrepreneurship initiative
The company signed an MoU with the Sovereign Fund of Egypt yesterday
Fawry confirms Saudi talks, kicking tires on digital banking license in Egypt
The company wants to obtain a license to set up in the country
Taqa Arabia shareholder sells 20% stake. PLUS: Beltone’s SODIC office building buy, Qalaa to study green aviation fuel with French firm — and more
The block trade comes three weeks after the company’s shares began trading on the EGX
Matouk Bassiouny + Taqa Arabia look to expand in Saudi Arabia
The local law firm could open a second branch in Jeddah
MEDCOM signs EGP 1 bn MoU to develop infrastructure at Madinet Masr’s Taj City. PLUS: New mining exploration tender, Shanghai Shengda
The contractor will develop the water system, lighting, road networks and utilities in several areas of the development
e-Finance mulls digital bank license. PLUS: Canada to provide CAD 10 mn loan to bolster Egypt’s food security
The central bank last week issued updated licensing rules for digital banks
EIB could provide USD 300 mn for new rail line. PLUS: Madinet Masr acquires Minka, Tenth of Ramadan dry port, green methanol, new freezones incoming
The EBRD has provided EUR 40 mn to help fund the line, which will be used for freight and passenger…
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