Egypt Edition 
MENA+ Edition 
UAE Edition 
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AI + Innovation (MENA) 
Logistics (MENA) 
Gov’t awards 11 concessions for gas exploration in the western Mediterranean. PLUS: Shelf Drilling, Sabbour Consulting, Sky Developments
The concessions were awarded to BP, ExxonMobil, TotalEnergies, Chevron, and Shell.
NBE and Banque Misr to exit Alexandria Mineral Oils Company?
Good morning, folks. We’ve got a packed issue for you today with news that Telecom Egypt is partnering up with…
Arab International Company for Hotels and Tourism eyes asset sales to pay off debts. PLUS: Egyptian-Chinese cars by 2025, Egypt commits to Eni payments, MSC eye logistics investments, Real Estate Tax Authority + E-Tax, Banque Misr SME platform
Unconfirmed media reports in 2023 said that the company had received a USD 320 mn offer from a Qatari group…
Mashreq Global Network is expanding outsourcing operations in Egypt. PLUS: News from EFG Corp-Solutions, Samcrete, ACUD, Banque Misr
Mashreq Global Network will create 300 jobs in the process
Savers pour EGP 565 bn into high-yield CDs. PLUS: News from EFG Hermes, Flat6Labs, Azimut, EgyptAir
NBE has racked up some EGP 365 bn, while Banque Misr has attracted EGP 200 bn
Savers pour EGP 471 bn into high-yield CDs. PLUS: Mining tender + subsea cable incoming.
Savers have poured some EGP 305 bn in CDs with NBE and EGP 166 bn with BM’s
Banque Misr becomes the latest bank to lower credit card FX limits. PLUS: Startup financing news, new Heliopolis Housing project, new fintech startup on the block, Egypt + Malta talk energy
The move follows similar movies by NBE, CIB, and ADIB over the last two weeks
New 27% CDs bring in EGP 11 bn on day one
The two banks introduced the record-high yield CDs over the weekend
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