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Infrastructure 
EIB, EU extend EUR 165 mn to green our industrial sector. PLUS: Jinbei’s buys Brilliance stake, GUPCO, data centers, steel price rises, sugar tenders
The funds will help the private and public sector combat industrial pollution
Electricity Ministry hikes electricity prices by up to 26%
The government is trying to phase out electricity subsidies by 2025
Gov’t is repricing services as it aims to meet IMF loan conditions, senior official says
The recent increase in the prices of various services will help ease the burden off the government’s already strained budget.
Cabinet greenlights incentives for hospitality players
Hotel companies can receive up to EGP 2 bn to increase their hotel room capacity
Irrigation Ministry blames Ethiopia for unsuccessful GERD talks
GERD negotiations on the airwaves: The latest round of Grand Ethiopian Renaissance Dam (GERD) negotiations dominated the airwaves last night,…
El Molla appoints new heads for Enppi and Petrogas
The move was part of a wider shuffle at the Oil Ministry
Gov’t taps sugar reserves to calm soaring prices
Sugar prices have hit record highs this year and have soared more than 50% inside the last week alone
World Bank to help localize climate-friendly agritech in Egypt + An African PE outfit wants a stake in a local pharma firm
GREEN FARMING- The World Bank will help Egypt localize climate-friendly agritech. (International Cooperation Ministry statement) PHARMA M&A- Rwanda-based private equity…
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