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Logistics (MENA) 
Qalaa revenues more than double in 2022 on record refining margins. PLUS: CIB, ODE report 1Q23 earnings
High oil prices fueled a 162% rise in revenues at the Egyptian Refining Company
My Morning Routine: Naela El Attar, golf department head at the Allegria Golf Club
Naela El Attar, golf department head at the Allegria Golf Club in SODIC’s Club S: Each week, My Morning Routine…
19 ministries are moving to the new capital next week
The number of gov’t bodies working at the NAC will jump to 33 next week
Emaar to open three new hotels in Egypt by 2024. PLUS: New GASC tender and a Fresh acquisition
Two hotels will open their doors this year
Egypt Education Platform + Modon to launch new school in Alex in 2025. PLUS: News from Banque Misr, MaxAB, Kandil Steel, Qardy, NOSCO, Mastercard and Skoda
Construction on the school will start next year.
Aldar Properties profits up 22% in 1Q 2023, says it is long on Egypt
Emirati developer reports record quarterly sales and backlog in the first quarter of 2023
Domestic headwinds have real estate + construction firms looking for business abroad
Generating FX income abroad would help shore up liquidity to finance more expansions
Al Kharafi + Samcrete awarded EUR 60 mn in contracts for new water infrastructure in Fayoum. PLUS: Cheaper wheat, better mobile networks, O West deliveries
The companies will build a new wastewater treatment plant and sewage networks under EBRD-backed program
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