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Infrastructure 
AD Ports inks USD 3 mn initial agreement to run three cruise terminals. PLUS: ex-NDP HQ complex, Russian EV factory, Tasweyat capital increase
AD Ports is expected to ink the final 15-year concession agreement in 1Q 2024
MPs approve amendment to desert lands ownership law + agreements with EBRD, ADEX, AFD
MPs were concerned over the amendment’s national security risks
A sneak peek of next fiscal year’s budget
The government sees the economy growing at a 4.7% clip in the coming fiscal year
EIB, EU extend EUR 165 mn to green our industrial sector. PLUS: Jinbei’s buys Brilliance stake, GUPCO, data centers, steel price rises, sugar tenders
The funds will help the private and public sector combat industrial pollution
Gov’t is repricing services as it aims to meet IMF loan conditions, senior official says
The recent increase in the prices of various services will help ease the burden off the government’s already strained budget.
Meet the center bringing green energy to Egyptian university students and beyond
The 5-year project is funded by USAID
Damietta Port lines up USD 455 mn for second cargo terminal
The terminal will have a final capacity of 3.5 mn TEUs and begin operation by 2024.
GERD deadlock in the foreign press
The international press is focused on our Nile deadlock with Ethiopia this morning, after a fourth round of negotiations between…
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