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Logistics (MENA) 
Hani Suleiman named executive managing director of HCCD
Suleiman was appointed by the Public Enterprises Ministry
The expat car import scheme is making a comeback
Egyptian expats get another three months to import cars in exchange for FX deposits
The government is extending its land-for-FX scheme for another 6 months. PLUS: Avanz Capital is planning fresh investment in Egypt
The initiative is one of many the government has introduced in response to the FX crunch
Gov’t to up wheat cultivation area next year following disappointing 2023 harvest
Local wheat procurement reportedly fell 10% this year
World Bank appoints new country head for Egypt,Yemen + Djibouti
Stephane Guimbert has worked at the World Bank for 22 years and arrives in Cairo after serving as its operations…
UAE developer launches EGP 36 bn New Cairo real estate project
Saada New Cairo is the developers’ first project in Egypt
State fund offers EGP 15 bn buy Heliopolis Housing’s Heliopark
Shareholders will consider the offer in October
Some investors are interested in state-owned Sinai Manganese. PLUS: Al Habtoor likes the SFE — and news from Suez Cement, TMG, Russian wheat
The company is one of 35 officially earmarked by the government for privatization
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