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Infrastructure 
Gov’t mulls subsidized loan program for hospitality players to boost hotel room capacity
The initiative will offer investors subsidized loans at a 12% interest rate
Cabinet greenlights freezone, tourist port for Ras El Hekma
Ras El Hekma for Urban Development will set up the free zone and tourist port
Egypt could receive another USD 820 mn tranche in June
The country has met 7 out of 15 structural reform targets set by the fund
Egypt negotiating lease of regasification unit from Norway’s Höegh LNG. PLUS: Exports from Israel to ramp up by 2H 2025
The government is reportedly also in talks with BW Energy to lease a unit from the Norwegian-Singaporian company for a…
Egypt’s FY 2024-2025 draft budget delivered to the House
Next year’s draft budget is the first consolidated public government budget that includes budgets of all the state’s economic bodies
Could the resignation of Israeli intelligence chief Aharon Haliva be the first of many?
Talk shows discussed the impact of Haliva’s resignation on Israeli leadership
SDX Energy sells its 50% stake in West Gharib concessions in Egypt exit. PLUS: State pays oil arrears, Tahya Misr 1 terminal online in 2025, Heliopolis Housing shortlists development partners
The company is also in the process of selling its assets in South Disouq
Fresh capital requirements for mortgage finance firms + more approved by the cabinet
The cabinet approved amendments hiking the capital requirements for mortgage finance firms to EGP 100 mn
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