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Infrastructure 
Foreign investors ink USD 353 mn worth of industrial projects
Egypt signed three separate industrial investment agreements with companies from China, Poland, and France
THIS EVENING: Egypt signs three industrial investment agreements + NUCA is taking its first sukuk issuance to market
Good afternoon, wonderful people. We have a mixed bag of news on the local front as the week begins to…
Edtech startup Sprints secures USD 3 mn in a bridge round
The company will use the funds to double down on its plan to expand into ten new markets
Six golden licenses attract EGP 5.6 bn of fresh investments
The projects span the fields of tourism, transport, housing, internal trade, food, and green energy.
Saudi Arabia’s PIF solidifies position in US EV maker Lucid with additional USD 1 bn stake
A share of the proceeds will finance Lucid’s capex and working capital
Two European firms mull USD 270 mn investments in plays on Egypt’s growing gold industry
EGAS has signed off on the two factories’ requests for natural gas supplies
Turkish firm eyes USD 7 bn logistics and industrial zone in Gargoub
Operations are expected to begin in 2026 with a multipurpose terminal and logistics area
Two USD investments in medical startups including first by nation’s only female angel investment network
InCurA will use the funds to develop new products and finalize clinical trials for products that have already been developed
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