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Infrastructure 
Egypt to build EUR 1 bn tire factory
The SCZone factory is set to churn out 7 mn tires each year
THIS EVENING: NEA to announce timeline + procedures for presidential elections next week. Plus: Rolling Plus is investing USD 1 bn in a new tire factory
Happy almost-THURSDAY, friends. We’re racing towards the end of the week — and, soon, the end of the month —…
Three local steel companies are looking to acquire state-owned Delta Steel
The gov’t is reportedly studying whether to offer 100% or a smaller share of the company
Saudi wealth fund to up its stake in e-Finance
e-Finance is looking to float 900k treasury shares
Chevron to invest USD 3 bn in Egypt’s Nargis gas field
Shell acquired the North East El Amriya block from ExxonMobil in 2022
Edita turns to NBK to finance Fancy Foods acquisition
The amount will be used to refinance the acquisition of Edita Frozen Food Industries and fund its expansion.
Gulf investors eyeing United Company of Pharmacists acquisition
An unnamed American shareholder is reportedly trying to sell their 50% stake in the company
New capital developer could go public on the EGX next year
ACUD could sell up to 10% of its shares to investors, according to the company’s chairman
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