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Infrastructure 
The Health Ministry to work with private sector to open ten new hospitals over the next two years
The ten hospitals will add 3k beds to the country’s capacity, with 200-300 beds in each hospital
Gov’t extends a helping hand to local startups
Madbouly called on startups to come up with a clear proposal for the incentives they want to see
Cabinet to set up a unit dedicated to state-owned companies
The unit will work to implement the state ownership policy with clear timelines and targets
Golden licenses and other incentives on offer in new government healthcare investment initiative
The state will cover half of the training costs of some projects
Cabinet approves USD 88 mn auto cables plants, ATIDI membership, fresh foreign assistance
The factory will earmark a sizable portion of its output — made using 60% locally-sourced materials — to exports
A look at Egypt’s infrastructure spending priorities for FY 2024-25
Some EGP 186 bn will be allocated to urban development, with EGP 50 bn going to the real estate sector
What are Egypt’s targets and spending plans for the green economy in FY 2024-25?
The gov’t aims to generate 20% of its electricity from renewables in the coming fiscal year
Kastour teams up with China’s Foton to assemble electric buses. PLUS: Ashry Steel, Radwan, Mylerz, SODIC, RMBV
The buses will go to both public and privately-owned public transportation providers and the two companies
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