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Logistics (MENA) 
Petrojet secures USD 1 bn contract to develop Algerian oil field
PLUS- Middle East Glass’ general assembly approved the merging of three of its subsidiaries into the company
Visa to expand operations in Cairo
PLUS- Post for Investment’s PFI Asset Management has launched its first sponsored mutual fund
National Bank of Egypt opens its first Saudi branch
PLUS- Hassan Allam Construction will build a new 305-feddan luxury development under a USD 550 mn turnkey contract
Infinity Fabric to set up USD 15 mn factory
PLUS- European Investment Bank is mulling a USD 38 mn equity investment into the EU-Egypt Tanmiya Growth Fund II
More cement production licenses incoming?
PLUS- CIB is planning to apply for a digital banking license early next year
EgyptAlum to invest EGP 6 bn in the current fiscal year
PLUS- The Finance Ministry will announce potential investments in Assiut in the coming days
Hyde Park plans to add 710 hotel rooms to its local portfolio over the coming years
PLUS- Abu Dhabi sovereign wealth fund ADQ’s Alpha Oryx trimmed its stake in CIB to 15.7%
Saudi Bugshan is eyeing our auto market
PLUS- Vodafone Egypt pilots world’s first 50Gbps microwave link
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