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Infrastructure 
Gov’t breaks ground on USD 658 mn Abu Tartour phosphoric acid complex
PLUS: A USD 67 mn Jieya hygiene-products plant breaks ground in Sokhna
Saudi-Egyptian company Techno Bond targets up to USD 50 mn in investments for Sokhna plant
PLUS: Egypt and Turkey are discussing a package of agricultural projects estimated at around USD 100 mn
Gov’t raises industrial land prices again as it widens payment and tenure options
New Cairo land is up 10% to EGP 6,435 per sqm, while Qatameya tops the latest schedule at EGP 8,520
Egypt’s auto market grew in June, but dealers warn of shipping pressure ahead
Buses accounted for nearly all of June’s m-o-m market growth, as passenger-car sales were broadly flat, while dealers pushed back…
The IDA opens its first tender under the new lease-to-own system for industrial land
Good morning, friends. We have two stories for you today about how Egypt is managing risk — broadly in its…
Chinese textile giant Jasan Group breaks ground on USD 117 mn Qantara West complex
Plus: Imarrae launches Phase 1 of a EGP 22 bn+ KIN development, with first-phase deliveries targeted for 2030
Gov’t weighs 5% tariff on imported EVs to protect local assembly
Plus: Senate studies a bill to temporarily lift customs duties, VAT, and administrative fees on imported solar inputs for three…
FinMin opens EGP 6 bn export subsidy batch to settle pre-July 2024 arrears
Good morning, wonderful people. Leading today’s issue is the pharma rush in the EGX, where retail momentum has turned the…
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