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Infrastructure 
Raya’s Aman issues EGP 1.29 bn in securitized bonds
The issuance is part of a wider EGP 5 bn, three-year securitization program
B2B payment platform Settle raises USD 2 mn in pre-seed round
The funding round was led by Shorooq Partners
Hisham Ezz Al Arab to take over from Hussein Abaza as CIB’s new CEO
The changes are pending regulatory approvals
FRA updates M&A rules for NBFIs
The amendments aim to enhance competitiveness and streamline the approval process
SMEs are getting a boost with new targeted tax incentives package
The measures aim to incentivize voluntary compliance with tax policy and ease the incorporation of the informal economy into the…
Gov’t wants to launch over USD 300 mn worth of PPPs at Dekheila Port. PLUS: Cairo International Airport, Le Mans, Citibank, Beyti, CI Capital
The Dekheila Port development plan has reached 45% completion, our source said
Lighthouse Education to shut down before operations kick off
The decision was prompted by high construction costs
Ora Developers secures EGP 7 bn from banking consortium. PLUS: SODIC signs EGP 4.1 bn loan agreement with CIB, Banque Misr
CIB contributed some EGP 4 bn to the overall funding
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