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Logistics (MENA) 
EIB could provide USD 300 mn for new rail line. PLUS: Madinet Masr acquires Minka, Tenth of Ramadan dry port, green methanol, new freezones incoming
The EBRD has provided EUR 40 mn to help fund the line, which will be used for freight and passenger…
The government wants to relax foreign ownership rules on real estate to raise FX
The move is part of a raft of decisions recently approved by the government’s new investment council
NUCA closes largest securitization of the year
The issuance is part of a EGP 30 bn program
SODIC, Al Safy Group partner on new North Coast development
SODIC will receive 73% of revenues from the planned project
Real estate player El Mostakbal joins SFE’s pre-IPO fund -report
The SFE reportedly plans to sell a 25-30% stake in the company
UAE firms form MENA’s biggest property, FM platform + US Fed isn’t done tightening yet
Aldar Estates’ MENA-wide portfolio will include 135k properties under management
Meet our founder of the week: Muhammad Nagi, cofounder of MQR and managing director of MQR/Greek Campus
MQR and Greek Campus recently merged to become Egypt’s biggest network of entrepreneurs
Eastern Company cancels heated tobacco investment to conserve FX
Eastern is saving its hard currency to produce cigarettes amid the FX crunch
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