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Infrastructure 
How will public spending cuts impact infrastructure projects?
The government push back any new projects until 30 June 2024
ADES Holding handed 10-year contract to operate Suez brownfields. PLUS: Beltone Mortgage, Majid Al Futtaim, Sky Investments, EGBank
ADES LANDS SUEZ BROWNFIELDS- A consortium led by the Saudi Public Investment Fund (PIF)-backed ADES Holding was awarded a 10-year…
Disruptech invests in Banknbox. Plus: Alstom, Catalyst Capital, Abu Dhabi Ports, Capricorn, ITIDA
FINTECH- #1- Disruptech invests in fintech player Banknbox: Local fintech VC firm Disruptech has inked an agreement with digital banking…
Not all doom and gloom on the energy front…
Eni is conducting further exploration before it begins drilling operations
Oil Ministry offers new oil and gas exploration blocks to international firms
The government is looking to attract fresh investment and secure new energy supplies amid declining output
Oil Min ups oil + gas investment forecast this fiscal year. PLUS: Adnoc, IFC x Banque du Caire, Avanz Capital, Orascom Investment + EgyptAir
The government now expects investment to be up to 60% higher than in the previous fiscal year
Are state energy firms getting EGP 20 bn in loans to address the energy crisis?
Half the money will go to power plant maintenance, and half to mazut imports
More oil and gas exploration in the Med and Gulf of Suez
ExxonMobil, Kufpec and Pico Energy will partner with state energy firms to explore for hydrocarbons
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