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Infrastructure 
Palm Hills will expand to Abu Dhabi
PLUS- Fawry acquires 51% of enterprise resource planning software company Dirac Systems
Ezz Elsewedy to pump USD 100 mn into auto manufacturing
Ezz Elsewedy wants to set up two additional factories in the 6th of October Industrial Zone
Bokra has EGP 20 bn worth of sukuk issuances in the pipeline
PLUS- Orascom Construction will build the American University in Cairo’s 65-feddan expansion
Gov’t to launch fresh LNG tender for summer shipments
Good morning, friends. In today’s issue we have the latest remittances figures, fresh investment news, and news of Electrolux deciding…
UAE’s AMEA to develop 1.5 GWh battery storage projects
AMEA CTO Mahabir Sharma said last month that the project will cost USD 350 mn
Egypt’s gas production hits eight-year low at 4.87 bcf/d
This marks the third consecutive annual decline in local gas production
TMG reports EGP 504 bn in total sales in 2024
PLUS- Oil Ministry inks two agreements worth USD 13.5 mn
Mopco, ThyssenKrupp to set up the nation’s first carbon capture project
The project will capture CO2, boost urea output, and enhance gas efficiency in Mopco plants
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