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Infrastructure 
Acwa reaches financial close on USD 1.2 bn Gulf of Suez project
The funding includes a USD 275 mn loan from EBRD
Spanish Konecta announces USD 100 mn Egypt expansion plans
Konecta will set up a regional HQ in New Cairo
Social Impact Capital revises CIRA Education bid to 90% with increased share price offer
CIRA’s shares have a fair value of some EGP 17.95 apiece
China’s Asia Potash announces USD 10 bn phosphate fertilizer complex plans
The complex will have a total production capacity of 10 mn tons of phosphate once fully operational
Privatization timeline for 2025 to be announced in the coming days
The government will also announce which consultants have been tapped for the offerings
Banque du Caire’s privatization push gains new momentum
We could see a stake sale as soon as 1H 2025
Medlog to begin infrastructure work on Tenth of Ramadan dry port project this month following final contract signing
Medlog first inked an agreement with the government to develop the new dry port in August 2023
Could we see a Banque du Caire stake sale in 1H 2025?
Good afternoon all you wonderful people, and happy Wednesday. Read on for all the latest on the Banque du Caire…
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