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Infrastructure 
Russian citizen dies in Hurghada shark attack
Authorities have closed the coastline in response
Mashreq to expand digital platforms in Egypt this year. PLUS: Trouble at Alfa Market, Elsewedy eyes interconnector in Southern Africa
We discussed the lender’s growth strategy with Mashreq Egypt country head and CEO Amr El Bahey this week
New finance for Air Cairo + IFC support for microlenders
AfreximBank is lending USD 44 mn to help fund new planes for Air Cairo
Madinet Masr announces first project outside of Cairo. PLUS: Raya CX expands in KSA, Weitz medical warehouses
The Zahw mixed-used development in Assiut will feature almost 1.3k residential units
Of tourism, tax and tuition fees
Former deputy Prime Minister Ziad Bahaa El Din appeared on Ala Mas’ouleety to talk tax increases and the FY 23/24…
Sumitomo Electric breaks ground on pigtails cable factory. PLUS: Lighthouse Education, Rameda Pharma, new tourism figures
The factory is expected to be the company’s largest in the world
Bills on everything from citizenship to ‘fake weather news’ officially become law
Foreigners now have more routes to a green passport
Climate change — and human behavior — are shrinking the world’s biggest lakes + Airlines are growing their first-class seat offerings
A study used satellite imagery to measure lake water levels for three decades
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