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Infrastructure 
Massoud Steel to build EGP 965 mn metal packaging plant in Ain Sokhna
The facility will start operations in 1Q 2026
The Egyptian Tax Authority took to the airwaves to stress dispute resolution progress
It was a mixed bag on the airwaves last night, with no single story stealing the dominating the coverage. Egyptian…
Trump demands American vessels pass Suez Canal without charge
Good morning, folks. It’s been a busy month for local business news — and it shows few signs of slowing…
Banque Misr backs the country’s first onshore private investment in public equity fund. PLUS: Arab Contractors + CSCEC, Oriental Industrial Projects
Its other backers include E-finance, CIB, Suez Canal Bank, Misr Life Ins., and Midbank
Suez Canal Ports Company in the running for EGP 4 bn Taba Port development project. PLUS: Marco Group, Madinet Masr
The port is slated to give local exports access to new markets at lower costs
Chinese players break ground on USD 58 mn worth of factories in the SCZone
The two projects will come online in 2H 2026
Thailand’s Hi-Tech Apparel breaks ground USD 20 mn sportswear factory
The 64k sqm factory marks the company’s first project in the Middle East and Africa
GDP growth picks up to 4.3% in 2Q FY 2024-25
The figures mark a recovery from the slowdown seen in 2Q FY 2023-24
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