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Logistics (MENA) 
Egyptian banks could fund new logistics zones at East Port Said port. PLUS: News from Instapay, Banque Misr, the EMX, and the SCZone
The loan could go towards one of the port’s three logistics areas
EGX approves Al Ezz Dekheila delisting. PLUS: News on corn, East Port Said, Microsoft
Al Ezz Dekheila Steel plans to buy back the government’s 31% stake and delist from the exchange
Mohamed Alabbar wants to redevelop gov’t buildings in downtown Cairo. PLUS: New oil find, more wheat incoming + budget flights from London to Cairo
Alabbar’s Emaar is planning to expand its presence on the North Coast
Calendar
JULY Late July-14 August: 2Q2023 earnings season. AUGUST August: Hassan Allam Utilities + Agility to open Yanmu East logistics park.…
The SCZone’s Walid Gamal El Din and SCA’s Osama Rabie to retain their roles for another year
This will be Rabie’s fifth year at the helm of the SCA
Midea launches washing machine factory in SCZone
The factory will produce 1.5 mn washing machines annually
SCZone gets the greenlight to set up investment arm
SCZone Istithmar will manage the authority’s investments
Orascom Pyramids to double investment in Giza Plateau redevelopment. PLUS: Tabreed halts investment amid EGP uncertainty
The company will invest a further EGP 500 mn in its project to redevelop the pyramids area
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