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Infrastructure 
THIS MORNING: EGX-Oil Ministry discuss oil IPOs
Six oil, petchem firms have been reported to be in line for IPOs on the EGX
Gov’t to hike export subsidies almost 4x next fiscal year. PLUS: Talgo, new capital finance hub
Next year: Subsidies to be paid out within 3 months of submitting paperwork
THIS MORNING: Another eight green hydrogen MoUs coming?
Egypt signed 9 framework agreements and 7 MoUs towards the end of 2022
B Investments approves healthcare, pharma investment with SFE. PLUS: More Edita buybacks, 3-month sugar export ban, Capricorn’s Egypt focus
The SFE wants to raise EGP 1.2 bn for the sub-fund
Egypt to purchase 4 mn barrels of crude from Iraq
Egypt’s state oil company will purchase 2 million barrels in each of June and August
Infinity Power acquires 100% of Lekela. PLUS: EKH ups stake in petchem subsidiary
The transaction gave Lekela an enterprise value of USD 1.5 bn
Elab first up for sale via SFE’s pre-IPO fund -Soliman
ALSO: eMethanex, Enppi and Midor could be back in the government’s privatization plans
Egypt could welcome a record 15 mn tourists this year -Eissa. PLUS: More wheat, social protection measures
Some 11.7 mn tourists visited Egypt last year
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