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Infrastructure 
Cabinet approves EU + EIB financing, new golden license, green hydrogen consultant
The funds will help finance the Sustainable Green Industry project, which seeks to combat industrial pollution
Investors turn more bullish on Egypt’s economy as proceeds from Ras El Hekma sale enter state coffers
Egypt received USD 10 bn from Ras El Hekma sale over the weekend in addition to USD 520 mn from…
Devaluation unlikely to be inflationary, says Goldman Sachs
Officials told Goldman Sachs that they expect an IMF agreement to be announced “in the coming days”
MPs give nod to quadrupling the price tag of passports. PLUS: Saudi Egyptian Industrial Investment to invest USD 5 mn in new pharma production line
The amendments will raise the issuance fee of passports to EGP 1k from EGP 250
Ras El Hekma transaction not linked to IMF loan discussions, says IMF official
The announcement of the Ras El Hekma agreement indicates that both the Fund and the UAE have “a greater confidence”…
EBRD provides Banque du Caire with USD 50 mn financing package for MSMEs
Up to USD 10 mn will go towards women entrepreneurs as part of the EBRD’s Women in Business (WiB) programme
Egypt, IMF make “excellent progress” on first, second loan reviews
The IMF and Egyptian authorities have agreed on the main elements of the program
Shift EV eyes larger 50k annual capacity factory. PLUS: GB Auto Jordan expansion, El Gouna solar power, oil and gas news, debt news, regulations news, NBE earnings
The home-grown startup is also considering setting up shop abroad, with an eye on Southern Europe and the GCC
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