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Infrastructure 
FRA updates M&A rules for NBFIs
The amendments aim to enhance competitiveness and streamline the approval process
Our long-awaited electricity rate hikes are here, capping off a busy summer of subsidy reform
Those in the highest two consumption brackets will see their rates rise between 35-40%
Fresh details on the move to cash-based subsidies
We could see the initial phases of the implementation of cash-based subsidies at some point during the next fiscal year
Mountain View begins Saudi expansion with first land acquisition in the kingdom. PLUS: HBS International, Mubasher Capital, nauTix, Orascom Construction + Hitachi + Colas Rail, Samnoud Textiles
Mountain View has acquired its first plot of land in a “strategic location” in Riyadh
Commodities, tourism incentives, and subsidies were the main talking points in Madbouly’s weekly presser
The government has purchased fresh oil hedging contracts
Gov’t cracks down on electricity theft with higher tariff for those caught. PLUS: Egypt-Italy power link, veterinary vaccine factory
Electricity being consumed by buildings illegally will come at the hefty cost of EGP 2.15 per kWH
Madbouly announces ambitious renewables plan, tax reforms
Gov’t plans to add 28 GW of renewable energy to the country’s energy mix over the next 5-7 years
A potential shakeup to food subsidies caught the attention of the nation's talking heads
Subsidies led the discussion on last night’s talk shows, with the nation’s talking heads honing in on statements made by…
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