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Infrastructure 
NRA to launch tender for the management of Bashteel’s garage. PLUS: News from Orascom Development, EBRD, B.TECH
The investor will be responsible for maintenance, cleaning, security, and utilities throughout the 10-15 year lease
We’re getting EUR 7 mn from the EU to support water sustainability, green transition. PLUS: News from Kredit, Fawry, Raya Data Center
The announcement came during the opening day of Cairo Water Week
SCA unveils package of incentives to boost yacht tourism. PLUS: News from AOI, DisrupTech, GB Capital
The incentives include a discount on fees
Scatec secures German grant for the Egypt Green Hydrogen plant. PLUS: News from PayTab, CFI, Beltone
Germany’s PtX Development Fund granted Scatec EUR 30 mn for the plant
Suez’s coal and diesel production complex should be complete next year. PLUS: News from AMEA, Hassan Allam Holding, Ezz Steel
The facility aims to boost Egypt’s production of diesel, gasoline, and other fuels
Local startup funding rose 219% m-o-m in September, but still lag behind regional startup scene
Saudi Arabia dominated regional startup funding in September
Egypt’s first micro ins. company. PLUS: News from GAFI, NBE, Dopay, Intro Group
Post for Investments owns 51% of the company
ADQ taps Modon Holding as Ras El Hekma master developer
The project is expected to reach total investments of USD 110 bn by 2045
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