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Infrastructure 
Damietta Port lines up USD 455 mn for second cargo terminal
The terminal will have a final capacity of 3.5 mn TEUs and begin operation by 2024.
THIS EVENING: European consortium + International lenders ink financing agreements for Damietta cargo terminal II
Good afternoon, ladies and gentlemen, and a very happy THURSDAY. The weekend is finally just around the corner, although we’ll…
Ahmed Ezz ups his stake in own company. PLUS: News from SODIC, Gorilla Technology, El Etreby
Steel magnate raised his stake to 66.4%
Edita wants to invest 1 EGP bn to expand production capacity
The company’s sales saw a 20% y-o-y in 2023
Talaat Moustafa Group now owns a 39% stake in the state’s historic hotels company
Talaat Moustafa could increase its stake to 51%
What to expect from Madbouly’s privatization talk later today
We’re expecting news on the hotels company sale and ADQ’s acquisitions
Madbouly is scheduled to talk all things privatization at 2pm + Shipping lines continue to avoid the Suez Canal
Good morning, wonderful people. It’s a busy news day here in Egypt — in stark contrast to the cone of…
THIS EVENING: Gov’t to sign agreement under state ownership policy tomorrow
Good afternoon friends, and happy hump day. It’s shaping up to be a relatively busy news day with which to…
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