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Infrastructure 
Aman Holding and Contact Financial plan GCC expansions in 2024. PLUS: GB Capital + Golden Coast sukuk news, new gold fund, Banknbox + SWFT, PayTabs
Aman Holding will start providing installment services in Saudi Arabia in the second half of the year
As interest rates remain elevated, industry players are struggling to unlock capex investments
Banks are also reportedly concerned about risk levels associated with funding manufacturers
EKH wants in on the state’s privatization program. PLUS: Sawari Ventures USD 150 mn fund, Evolve gold investment fund, Fincart KSA HQ, Tamar ups production, Marakez loan
EKH also wants to set up electricity distribution stations under build-own-transfer agreements with the government
Gov’t and Emirati company team up for USD 3 bn aluminum factory
The factory will produce 600k tons of aluminum a year
With warmer political ties, Turkey could give Egyptian industry a shot in the arm
The two countries could revive plans for a Turkish industrial zone in Egypt
Developers are eyeing risk contracts to cope with unpredictable construction cost increases
Property risk contracts are being considered to for developers to hedge against soaring construction costs
Spending on outdoor advertising hit record high in 2023 -AdMazad
Real estate advertisers were the top spenders for a second straight year
A look at Egypt’s 2023 trade figures
Exports inched up marginally during the year, but our trade deficit narrowed as imports nosedived
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