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Logistics (MENA) 
Energean to release Orion results in two to three weeks. PLUS: Egypt to establish Tanzania-Rwanda logistics corridor
The well is projected to hold c. 10 tn cubic feet of natural gas
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…
Principles for global trade to support a sustainable future
A ground-breaking initiative is shaping the future of international trade
Gov’t’s Pharos Energy bill rises to USD 37 mn. PLUS: Schneider solar projects, Tata Motors team up with MM Group, ValU + Bosta + PayTabs, Heliopolis Housing project, Nokia factory, new ADIB microfinance firm
The company intends to refrain from retrieving its USD-denominated receivables due to the exchange rate volatility.
Global manufacturers look to air freight amid attacks in the Red Sea in another blow to shipping
Air freight prices for China-Europe routes jumped 91% week-on-week on Sunday
More companies pause Red Sea traffic after another Houthi attack
Shipping disruptions in the Red Sea are expected to elevate the prices of consumer goods
Chinese shipping giant Cosco suspends all shipping to Israel amid Houthi attacks
Cosco is the fourth largest shipping company in the world
Chinese state-owned company eyes USD 10 bn solar project in Egypt. PLUS: Abu Dhabi Ports, cabinet news, CBE Treasury bills, KfW development finance, Giza Systems, ADQ x Pyramids FC
The solar project will have a capacity of 10 GW
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