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Infrastructure 
Six golden licenses attract EGP 5.6 bn of fresh investments
The projects span the fields of tourism, transport, housing, internal trade, food, and green energy.
The float of the EGP is dividing the international commentariat
Ruchir Sharma praised Egypt among four other “on the mend” emerging markets for “bowing to market realities”
Industry players are hoping for a fresh gov’t support package after the EGP float
Any fresh financing initiative for industry would likely see interest rates 20% higher than the last 11% package
THIS EVENING: Valu closes EGP 888 mn securitized bond issuance
Good afternoon, ladies and gentlemen, and welcome to a very rainy start to the business week here in Om El…
Turkish firm eyes USD 7 bn logistics and industrial zone in Gargoub
Operations are expected to begin in 2026 with a multipurpose terminal and logistics area
EBRD working to unlock USD 1 bn from IMF, bank’s Egypt head tells Enterprise
“I think that European companies are underutilizing the potential of Egypt,” EBRD’s head of Egypt said
Fed keeps rates unchanged, signals rate cuts are coming
The Fed cited solid expansion of economic activity, elevated but easing inflation, and strong job gains for its decision
Banks’ capital adequacy ratio saw a minor decline in 2023
Non-performing loans to total loans edged down to 3% at the end of 2023 from 3.4% a year earlier
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