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Infrastructure 
Pharco + Ajlan & Bros to break ground on USD 150 mn Saudi pharma complex next month. PLUS: Turkish investment, OIH eyes Uzbekistan
Production is expected to start in 2024
Madbouly hires Misr Finance’s El Sakka to advise on privatization
El Sakka has previously held positions at AAIB, AAIL
EAEF marks 10 years and more than USD 250 mn of investment in Egypt
The fund is planning to deploy another USD 100 mn this year
THIS EVENING: OIH could invest USD 1.2 bn in several projects in Uzbekistan
Good afternoon, nice people, and happy hump day — or earnings downpour day, depending on where you’re sitting. THE BIG…
Australian consortium to invest USD 875 mn in phosphoric acid plant in Egypt
The plant will produce 700k tons of phosphoric acid a year
Edita to acquire frozen bakery producer Fancy Foods
Edita to invest EGP 400 mn over the next year to expand the business
TE wraps up 10% divestment with share sale to employees. PLUS: EFG to launch new SME lender
The company raised almost EGP 200 mn selling a 0.5% stake to employees
How the Egypt-US Joint Economic Commission could deepen economic ties + spur more US investment in Egypt
The next meeting of the JEC is scheduled for next year in Washington, DC
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