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Infrastructure 
AIIB to provide Egypt with USD 300 mn in budget support
The agreement is expected to be finalized by June
Egypt is close to receiving USD 300 mn budget support from AIIB
Good afternoon, folks. This Monday brings a slew of budget news, and more international coverage of Trump’s tariff-induced trade war.…
Massoud Steel to build EGP 965 mn metal packaging plant in Ain Sokhna
The facility will start operations in 1Q 2026
Electricity market liberalization target pushed to 2026?
Good morning, friends. Tariffs and mounting debt obligations are once again leading the local business news cycle this morning. In…
The Egyptian Tax Authority took to the airwaves to stress dispute resolution progress
It was a mixed bag on the airwaves last night, with no single story stealing the dominating the coverage. Egyptian…
Kuwait mulls turning USD 4 bn of deposits into direct investments
The Gulf country aims to invest at least USD 2 bn by the end of 2025
Banque Misr backs the country’s first onshore private investment in public equity fund. PLUS: Arab Contractors + CSCEC, Oriental Industrial Projects
Its other backers include E-finance, CIB, Suez Canal Bank, Misr Life Ins., and Midbank
Checking in on the Green Economy Financing Facility program in Egypt
The GEFF wrapped up its first phase, with more phases in the pipeline
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