Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
AI + Innovation (MENA) 
Logistics (MENA) 
Old rent law debate postponed amid parliamentary objections
Good afternoon, friends. We’re racing towards the final stretch of the week and into the long weekend. The news cycle…
MPs approve Criminal Procedures Law, green light changes to mining authority, NAT assets
The law covers criminal prosecution, evidence collection, courts, appeals, enforcement, and international judicial cooperation
Chevron makes its Red Sea exit official. PLUS: Saudi Gold Refinery, Raya Holding, Ora Developers, Microsoft
Chevron said its resources will instead go towards its interests in Egypt’s Mediterranean
Budget supermarket chain Kazyon is set to fully acquire Minya’s Upper Egypt for Concentrates. PLUS: Tanmiya Capital Ventures + Vital Pharma, Bel Egypt, Pickalbatros, Bolt, Akh Gold, Erada Microfinance
The acquisition will be financed via a capital increase of an unspecified size
Raseedi eyes seven-figure investment in newly acquired nanocredit outfit Kashat. PLUS: Apache, Madinet Masr, Bank ABC + Eroglu Garment, Goldman Sachs
Raseedi is negotiating with a VC firm and three banks for EGP 3 bn in financing over three years
Shalateen Mineral Resources Company eyes role as gold producer in 2025. PLUS: Plaza Premium Group + Egypt Aviation Services + Cairo Airport Company, Orascom Construction, International Monetary Fund
The company will reportedly kick off exploration operations at its Eastern Desert concessions this year
Abu Qir Fertizers’ looks to green hydrogen to help power ammonia plant. PLUS: Exxon Mobil, Instapay, Egypt Post, Abu Auf, Ezz Elarab,
The 12-month project is also expected to up production 100 tons to 1.2k tons a day
Something went wrong. Please refresh the page and/or try again.