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Infrastructure 
House passes long-awaited building reconciliation law
The law makes it easier for owners of unauthorized buildings before 15 October of this year to legalize their properties
Hilton and Amazon Developments to build hotel in new capital tower. PLUS news from IFC, Jan De Nul, EgyptAir
The 120-room hotel with four restaurants and a swimming pool is expected to open in 2026
CIB to borrow USD 150 mn from EBRD
The funds will strengthen the bank’s Tier II capital
IMF could bump up our USD 3 bn loan on back of Gaza war
Unconfirmed reports last month claimed that Egypt was looking to borrow another USD 2 bn from the Fund
EgyptAir places big Airbus order. PLUS: News from SODIC, Afreximbank, Hayat, Cleopatra Group
AVIATION- EgyptAir has placed another big order for new aircraft. National flag carrier EgyptAir has placed an order for 10…
Afreximbank extends USD 3 bn in credit facilities to Egyptian firms
The lender is giving Hassan Allam Holding a USD 200 mn facility to support its infrastructure projects in Africa
Elsewedy Electric, Arab Contractors secure USD 500 mn Afreximbank credit facilities. PLUS: New pharma company acquires stakes in Jordanian diagnostics player
Afreximbank previously supported a dam project developed by Elsewedy and Arab Contractors
Egypt to expand ties with African infrastructure investment platform + Tougher penalties for harassers approved
MPs approved two decrees that will see Egypt join the platform’s project development and project finance arms
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