{"id":658612,"date":"2025-01-14T00:00:00","date_gmt":"2025-01-14T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=658612"},"modified":"2025-12-18T02:41:24","modified_gmt":"2025-12-18T02:41:24","slug":"finmin-to-release-new-public-debt-policy-in-march-introduce-a-three-year-budget","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/finmin-to-release-new-public-debt-policy-in-march-introduce-a-three-year-budget\/","title":{"rendered":"FinMin to release new public debt policy in March, introduce a three-year budget"},"content":{"rendered":"<section id=\"658614\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"658614\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">1<\/div>\r\n\r\n                    <p class=\"f-graphik\">What We're Tracking Today<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/01\/14\/non-tax-financial-burdens-to-be-streamlined-through-additional-income-tax\/\">\r\n                            Non-tax financial burdens to be streamlined through additional income tax                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-container-core-group-is-layout-ef38739e wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-content-justification-center is-nowrap is-layout-flex wp-container-core-group-is-layout-94bc23d7 wp-block-group-is-layout-flex\">\n<p class=\"f-graphik\" style=\"font-size:14px\">Together with<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27482.svg\" alt=\"\" class=\"wp-image-27482\"\/><\/figure>\n<\/div><\/div>\n<\/div><\/div>\n\t\t\t<\/div>\r\n\t\t<\/aside>\n<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/1\/.290af8f9-4e21-48d3-b76d-95c80d1397e7.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, folks<\/strong>, and a happy hump day to you all. We\u2019ve got a bit of everything for you today in this morning\u2019s issue, with enough legislation, competition, M&amp;A, manufacturing, and investment news to fill up several issues. There\u2019s a lot to cover today, so let\u2019s jump right in. <\/p><p class=\"tag-border-left\">PSA-<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WEATHER- Temperatures will continue to inch up in Cairo today<\/strong>, with a high of 24\u00b0C and a low of 13\u00b0C, according to our favorite weather app.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s a tad cooler in Alexandria<\/strong>, with a high of 22\u00b0C and a low of 10\u00b0C.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s expected to be a foggy start to the day throughout most parts of the country<\/strong>, so as always stay safe on the roads.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** DID YOU KNOW that we now cover <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\" style=\"\" rel=\"noopener\">Saudi Arabia<\/a><\/strong><strong> and the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\" style=\"\" rel=\"noopener\">UAE<\/a><\/strong><strong>?<\/strong><\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** Were you forwarded this email?<\/strong> <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/user\/news-letters\" style=\"\" rel=\"noopener\">Tap or click here<\/a> to get your own copy delivered every weekday before 7am Cairo time \u2014 without charge.<\/p><p class=\"tag-border-left\">WATCH THIS SPACE- <\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt4\"><\/a> <strong>#1- The government is working to replace the numerous non-tax financial burdens and<\/strong><strong> fees imposed by state entities with an additional income tax, <\/strong>Investment Minister Hassan Al Khatib said, according to a ministry <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/permalink.php?story_fbid=pfbid028DmWeaGwRDtvaiuK8HnSMJQi4pVZi2ZQ8gc1byrLXFxZdqd3XHkmDhtvbKbqu5wBl&amp;id=61562245173260\" style=\"\" rel=\"noopener\">statement<\/a>. Unifying and simplifying the often confusing world of non-tax financial burdens also comes in line with the state\u2019s directive to tax income and not revenue.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Finance Ministry, General Authority for Free Zones, and the Industrial Development<\/strong><strong> Authority will collect the new tax<\/strong> and redistribute the fees to relevant authorities, according to El Khatib, who added that the government is planning to propose a draft bill for this new tax.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Remember:<\/strong> A senior government source told EnterpriseAM <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b31ddcad-1f96-403a-8a58-4019cfa94eba\/\" style=\"\" rel=\"noopener\">last year<\/a> that a committee had been formed to look into reducing the long list of taxes, customs, and fees imposed on goods and services. The move was said to be aimed at boosting local industry, increasing exports, attracting new investments, and curbing inflation by eliminating double taxation and redundant fees that see some goods taxed at up to 45%. <\/p><hr style=\"height:2px;border-width:0;color:gray;background-color:gray\"><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2-<\/strong> <strong>Gov\u2019t, EU talks on the next tranche of the EUR 7.4 bn package in <\/strong><strong>April<\/strong><strong>:<\/strong> The Madbouly government will engage in negotiations with the European Union in April over the second tranche from its EUR 5 bn package of concessional loans, International Cooperation Minister Rania Al Mashat told <a target=\"_blank\" href=\"https:\/\/asharqbusiness.com\/economics\/66645\/%D9%85%D8%B5%D8%B1-%D8%AA%D8%A8%D8%AF%D8%A3-%D9%85%D9%81%D8%A7%D9%88%D8%B6%D8%A7%D8%AA-%D9%85%D8%B9-%D8%A3%D9%88%D8%B1%D9%88%D8%A8%D8%A7-%D9%84%D9%84%D8%AD%D8%B5%D9%88%D9%84-%D8%B9%D9%84%D9%89-4-%D9%85%D9%84%D9%8A%D8%A7%D8%B1%D8%A7%D8%AA-%D9%8A%D9%88%D8%B1%D9%88\/\" style=\"\" rel=\"noopener\">Asharq Business<\/a>. The second tranche \u2014 set to come in at EU 4 bn \u2014 is part of a wider <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/183954ef-4dc7-49c8-9499-743e77de1e74\/eu-pledges-eur-7.4-bn-aid-package-for-egypt\" style=\"\" rel=\"noopener\">EUR 7.4 bn<\/a> package from the EU announced in March. The <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/95254a02-0f1f-4adc-a493-30f9aa484aa6\/\" style=\"\" rel=\"noopener\">first EUR 1 bn tranche<\/a> arrived in the state coffer at the end of last year.<\/p><hr style=\"height:2px;border-width:0;color:gray;background-color:gray\"><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <a id=\"wwtt1\"><\/a> <strong>#3- Engie-led consortium aims to build a 1 GW wind project by 2028:<\/strong> A local-international consortium of France\u2019s Engie, Orascom Construction, Japan\u2019s Toyota Tsusho, and Eurus Energy is looking to build a 1 GW wind project in Egypt, with the companies aiming to finalize the project\u2019s contracts next year in order to build it by 2028, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-01-13\/french-utility-engie-seeks-to-enter-saudi-and-emirati-renewable-power-markets\" style=\"\" rel=\"noopener\">Bloomberg<\/a> quotes Engie\u2019s managing director for renewables in the Middle East and North Africa Francois Xavier Boul as saying.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The consortium has been busy as of late: <\/strong>The same recently put online 306 MW of a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/46971357-5435-47b2-b6ba-15e2fc993580\/orascom-construction,-engie,-toyota-tsusho,-and-eurus-energy-kick-off-commercial-operations-at-ras-ghareb-wind-farm\" style=\"\" rel=\"noopener\">650<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/46971357-5435-47b2-b6ba-15e2fc993580\/orascom-construction,-engie,-toyota-tsusho,-and-eurus-energy-kick-off-commercial-operations-at-ras-ghareb-wind-farm\" style=\"\" rel=\"noopener\"><\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/46971357-5435-47b2-b6ba-15e2fc993580\/orascom-construction,-engie,-toyota-tsusho,-and-eurus-energy-kick-off-commercial-operations-at-ras-ghareb-wind-farm\" style=\"\" rel=\"noopener\">MW wind farm<\/a> in Ras Ghareb, with the entire project expected to be up and running and connected to the national grid by 3Q 2025. The project is set to be the largest operational wind farm in the region once it is fully operational and have the capacity to reduce carbon emissions by 1.3 mn tons every year and provide power to over 1 mn homes once fully complete. <\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** Our renewables ambit<\/strong><strong>ions \u2014 and the hurdles they face \u2014 recently caught the attention <\/strong><strong>of the international press.<\/strong> We\u2019ve got the lowdown in our Egypt in the News section in the news well below.<\/p><hr style=\"height:2px;border-width:0;color:gray;background-color:gray\"><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- <\/strong><strong>China's largest tire maker is planning to expand its Egypt operations<\/strong>, with China National Tire and Rubber Company looking to expand into passenger vehicle tire manufacturing in Egypt through its wholly-owned subsidiary Prometeon Tyre Egypt, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02hxGTbNMPACHuGtSBymSr8pTMdhLwBeLGGz6xRM9sbJA1qd4bYkaiQqMEos3vtnNBl\" style=\"\" rel=\"noopener\">cabinet statement<\/a>. The government has made available a 180k sqm plot \u2014 located near the company\u2019s existing Ameriya factory \u2014 to establish a passenger car tire factory and agreed with the Chinese company to double its existing production capacity of heavy transport tires.<\/p><hr style=\"height:2px;border-width:0;color:gray;background-color:gray\"><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt2\"><\/a> <strong>#5- <\/strong><strong>A new renewabl<\/strong><strong>es target?<\/strong> The government is now planning to up renewables\u2019 contribution to the energy mix to 65% by 2040, according to <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02KWouqhtx6fb8nZXLFqu1vzY69Kkop7UE6qXmMaoCP6qMLEwqtiwsPYgSjusjJrEGl\" style=\"\" rel=\"noopener\">comments<\/a> by Electricity Minister Mahmoud Esmat. The new figure is a five percentage point increase on the government\u2019s last announced target, which <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1e00fcdb-da81-4a99-a850-299759b8e681\/imf-boss-is-in-town-for-talks-with-el-sisi,-madbouly,-abdalla\" style=\"\" rel=\"noopener\">only came to light in November<\/a>. In the shorter term, the country is hoping to increase the renewables mix to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/06e7e381-df4d-4d89-94c7-428dba34d5a3#:~:text=Could%20we%20be%20in%20line%20for%20more%20climate%20funding%20for%20the%20NWFE%20program%3F%20Egypt%20officially\" style=\"\" rel=\"noopener\">42% by 2030<\/a>.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Over the next year, <\/strong><strong>Egypt\u2019s renewable energy capacity is expected to reach 10 GW by the end of 2025<\/strong>, sourced from solar, wind, and hydropower, and integrated into the national grid, Esmat added. This will then expand to 12 GW by end of 2026 and 20 GW by end of 2029, he continued<\/p><p class=\"tag-border-left\">FROM THE DEBT MARKETS-  <\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The average yield on two-year fixed coupon t-bonds fell 2.03 percentage points to 23.46%<\/strong> during the Central Bank of Egypt\u2019s latest issuance that raised EGP 21.6 bn in the heavily oversubscribed issuance, according to <a target=\"_blank\" href=\"https:\/\/www.cbe.org.eg\/en\/auctions\/egp-t-bonds-fixed-coupon\" style=\"\" rel=\"noopener\">data<\/a> from the central bank. Three-year bonds fell 0.68% percentage points to an average yield of 22.58%.<\/p><p class=\"tag-border-left\"> IN THE HOUSE-<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The 540-article draft Criminal Procedures Law is once again at the top of agenda at the<\/strong><strong> house today<\/strong>, with MPs set to discuss and vote on another 40 articles.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>An amendment to delay a tax on agricultural land by a year will also be put to MPs<\/strong>, with the year-long postponement starting 31 July 2024 designed to ease financial burdens on farmers and encourage them to up production.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Lawmakers will discuss greenlighting the Finance Ministry to guarantee EgyptAlum\u2019s<\/strong><strong> financial commitments for a power purchasing agreement with Scatec<\/strong>, that will see the state-owned entity buy energy from the Norwegian renewables player\u2019s 1 GW solar power plant in the works.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A EUR 135 mn grant from the European Investment Bank to fund the Environment<\/strong><strong> Ministry\u2019s Sustainable Green Industry project will also be voted on<\/strong>, which will support the greening of the country industrial sector by implementing climate change and environmental sustainability measures.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt3\"><\/a> <strong>MPs also discussed and passed 142 articles of the draft Criminal Procedures Law<\/strong><strong> yesterday<\/strong>, including a controversial legislation on pretrial detention. Under the articles, the accused can be held in pretrial detention for four months for misdemeanors, 12 months for felonies, and 18 months for crimes that could lead to life imprisonment or the death penalty. <\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Proponents of the legislation point to the new safeguards against the extension of <\/strong><strong>pretrial detention<\/strong>, but the legislation does not explicitly prevent individuals being successively put in pretrial detention for new accusations.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A presidential decree to expand the proposed Russian industrial zone in the Suez Canal <\/strong><strong>Economic Zone also got lawmakers\u2019 approval<\/strong>, with the planned area now to stretch 500k sqm. The decree also lets Russian projects in the zone sell up to 100% of output in the local market and provides safeguards that any infrastructure or buildings won\u2019t be nationalized or confiscated at a later date.<\/p><div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"\/egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/p><\/div>\n<\/div>\n<\/div><p class=\"tag-border-left\">THE BIG STORY ABROAD- <\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Gaza ceasefire breakthrough?<\/strong> Israel-Hamas ceasefire talks in Doha are nearing fruition, officials involved with the talks say, with US President Joe Biden saying they are \u201con the brink\u201d of a breakthrough. A draft agreement for the exchange of prisoners and the gradual withdrawal of Israeli troops from Gaza was presented to both sides yesterday, with another round of talks taking place today in Doha. Officials from both sides have confirmed that talks are progressing well. (<a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-01-13\/israel-gaza-talks-with-hamas-make-progress-ahead-of-trump-s-inauguration?srnd=homepage-middle-east\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/negotiators-seek-finalise-gaza-ceasefire-deal-after-breakthrough-doha-2025-01-13\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/ebc5d442-c57b-46af-991a-ce99c63db672\" style=\"\" rel=\"noopener\">FT<\/a> | <a target=\"_blank\" href=\"https:\/\/www.semafor.com\/article\/01\/13\/2025\/qatar-presents-final-draft-of-gaza-truce-deal-after-a-breakthrough\" style=\"\" rel=\"noopener\">Semafor<\/a>)<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The goal is now to reach an agreement before US president-elect Donald Trump\u2019s inauguration next week<\/strong>, officials said. Vice President-elect JD Vance said he hopes an agreement could be struck toward the final days of Biden\u2019s administration. <\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Meanwhile, the US\u2019 new AI export caps are getting plenty of attention.<\/strong> The US imposed export controls on chips used for AI, giving 20 close allies access to chips and restricting access to 120 countries, including China, Iran, and Russia.<strong> <\/strong><\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The semiconductor industry is not happy with the new export control regime, and neither is the EU.<\/strong> The European Commission said it is \u201cconcerned\u201d about the new measures, while industry leaders like Nvidia <a target=\"_blank\" href=\"https:\/\/fortune.com\/2025\/01\/13\/nvidia-lashes-out-at-biden-administration-sweeping-last-minute-export-controls-on-ai-chips\/\" style=\"\" rel=\"noopener\">criticized<\/a> the move as potentially harmful to \u201cAmerica\u2019s global competitiveness.\u201d (<a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/f83f30be-d673-4f00-b9e5-9e9293512010\" style=\"\" rel=\"noopener\">FT<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/technology\/artificial-intelligence\/us-tightens-its-grip-ai-chip-flows-across-globe-2025-01-13\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/livecoverage\/stock-market-today-dow-sp500-nasdaq-live-01-13-2025\/card\/u-s-ai-chip-export-restrictions-threaten-nvidia-s-sales-WZCk6vneYTmcqU2GlsKv\" style=\"\" rel=\"noopener\">WSJ<\/a>) <\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Also getting attention:<\/strong><\/p><ul>\n<li><strong>Los Angeles is bracing for \u201churricane-level\u201d winds<\/strong> threatening to trigger more wildfires, with a red flag warning out on three areas across Los Angeles and Ventura. (<a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/live\/2025\/01\/12\/us\/los-angeles-fires-california\" style=\"\" rel=\"noopener\">NYT<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/us\/los-angeles-high-alert-with-extreme-winds-due-return-2025-01-13\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/13049fb9-2c4f-4bac-bf0d-61cf52d0adc4\" style=\"\" rel=\"noopener\">FT<\/a>)<\/li>\n<li><strong>International Court of Justice President Nawaf Salam was appointed Lebanon\u2019s new prime minister<\/strong> after securing the majority of votes from the parliament, in another blow to Hezbollah, which was backing caretaker PM Najib Mikati to stay in the role. (<a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/79670dbc-2db6-4bea-99a8-89e5d6566917\" style=\"\" rel=\"noopener\">FT<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/lebanon-name-prime-minister-new-phase-begins-2025-01-13\/\" style=\"\" rel=\"noopener\">Reuters<\/a>)<\/li>\n<\/ul><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/ads\/imgs\/239.jpg?ssl=1\"><\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>*** It\u2019s Going Green day \u2014 your weekly briefing of all things green in Egypt:<\/strong> Enterprise\u2019s green economy vertical focuses each Tuesday on the business of renewable energy and sustainable practices in Egypt, everything from solar and wind energy through to water, waste management, sustainable building practices and how you can make your business greener, whatever the sector.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In today\u2019s issue: <\/strong>We dive into the components of Egypt\u2019s First Biennial Transparency Report, which brings to light progress in implementing nationally determined contributions to cut down on emissions. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/tax\/\">tax<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-today\/\">What We&#039;re Tracking Today<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"658616 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"658616\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/01\/14\/658616\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-658616\" class=\"content-area-description single-story post-658616 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/somabay.com\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/569.jpg?ssl=1\"><\/a><\/span><\/p><div class=\"grouped-tags\">\n<p><span style=\"font-weight:400;\">Discover Somabay\u2019s offerings at boot D\u00fcsseldorf 2025.<\/span><\/p>\n<p><span>Somabay, the premier Red Sea holiday destination, and its partner ORCA Dive Club will showcase their exceptional diving and watersports experiences at boot D\u00fcsseldorf 2025. With vibrant coral reefs, pristine lagoons, and a collaboration with Duotone PRO-Center for kiteboarding and wing foiling, Somabay solidifies its status as a world-class hub for water enthusiasts. Don\u2019t miss the chance to explore the unmatched beauty and offerings of this Red Sea gem.<\/span><\/p>\n<\/div>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"658617\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"658617\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">2<\/div>\r\n\r\n                    <p class=\"f-graphik\">Economy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/01\/14\/finmin-to-release-new-public-debt-policy-in-march-introduce-a-three-year-budget\/\">\r\n                            Egypt to to release new public debt policy in March, introduce a three-year budget                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/01\/14\/finmin-to-release-new-public-debt-policy-in-march-introduce-a-three-year-budget\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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This will provide investors with clarity on international offering plans and strategies for returning to international debt market indices to attract new investors.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The upcoming debt policy is focused on extending debt maturities<\/strong> by diversifying debt instruments, while targeting overall debt reduction. It includes maintaining external debt for budget entities at USD 79.1 bn by the end of September, marking a USD 3 bn reduction, according to our source. The government is also working to trim these debts by USD 1-2 bn in the mid-term, which will lead to a gradual improvement in our debt position, longer debt maturities, and lower interest dues, the source added.<\/p>\n<p class=\"tag-border-left\">INTRODUCING A THREE-YEAR BUDGET<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Madbouly government is currently working on two parallel budgets<\/strong>, with the upcoming FY 2025-2026 budget being simultaneously developed alongside a comprehensive three-year budget that will establish longer-term spending caps that can only be exceeded under very limited circumstances. Government entities will submit their budget proposals according to this new timeline, according to our source.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Why: <\/strong>The new approach allows the government to implement more long-term and sustainable policies with more precise financial limits to help target public debt reduction. It will also better establish the roadmap for government investments aligned with the Planning and International Cooperation Ministry's economic development plan. The framework will assist in developing state resources, reducing expected deficits, and managing anticipated revenues, including special accounts that could help ease pressure on the state budget, the source explained.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Each ministry will receive a cabinet-approved spending cap that cannot be exceeded<\/strong>, but this new system will give entities more flexibility to manage their spending and allocations. Ministries will be able to shift funds between different budget items or projects as long as they remain within their overall limit, without having to go through numerous entities before the change is approved.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- The Investment Ministry is working on coming up with a decent estimate of the <\/strong><strong>country\u2019s FX needs <\/strong>by meeting with the private sector, government bodies, and others. The hopefully more accurate figure is designed to help build a framework to manage the country\u2019s FX resources in light of commodity imports, interest payments, and public debt.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s next: <\/strong>The Finance Ministry set to begin conducting studies to verify the appropriate financial caps and any developments for different entities in February. The ministry will discuss any substantial changes to government entities\u2019 plans before preparing the annual budget for submission to the House.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/budget-watch\/\">budget watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/economy\/\">economy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/finance-ministry\/\">Finance Ministry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- 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   \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">3<\/div>\r\n\r\n                    <p class=\"f-graphik\">COMPETITION WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/01\/14\/european-producers-cry-foul-over-egypt-based-chinese-glass-fibre-producers-file-complaint-with-european-commission\/\">\r\n                            European producers cry foul over Egypt-based Chinese glass fibre producers, file complaint with European Commission                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul 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decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/736.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"658621\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2025\/01\/14\/european-producers-cry-foul-over-egypt-based-chinese-glass-fibre-producers-file-complaint-with-european-commission\/736-jpg-15\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/736.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"736.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/736.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/736.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-658620\" class=\"content-area-description single-story post-658620 post type-post status-publish format-standard has-post-thumbnail hentry category-competition-watch tag-china tag-competition-watch tag-enterpriseam tag-european-commission tag-trade-egypt-eu-relations wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/1\/.72cab9fd-98ae-4f31-8fe8-581aaecbe19c.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>European glass fiber producers have filed a complaint to the European Commission<\/strong> alleging that Chinese glass fiber manufacturers based in Egypt have been benefiting from unfair subsidies and have managed to bypass anti-dumping duties directed at Chinese companies, <a target=\"_blank\" href=\"https:\/\/www.euronews.com\/my-europe\/2025\/01\/13\/european-glass-fibre-makers-target-egypt-based-chinese-makers-in-trade-complaint\" style=\"\" rel=\"noopener\">Euro News<\/a> reports, citing two sources it says are familiar with the matter. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The firms in question are being accused of setting up firms in an economic zone \u201cthat <\/strong><strong>amounts to an extension of the Chinese territory abroad,<\/strong> enabling them to circumvent the anti-dumping measures taken in 2014 against companies established in China,\u201d Cedric Janssens, the secretary-general of industry body Glass Fibre Europe, told Euro News.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This isn\u2019t the first time the Commission has acted against Egypt-based Chinese firms<\/strong>, with the body previously imposing a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/47f16307-ddec-42dd-8384-1612ab461ce9\/eu-decides-to-go-after-jushi,-hengshi-egypt-in-china-trade-probe\" style=\"\" rel=\"noopener\">13.1% anti-subsidy duty<\/a> against imports coming from Chinese firms based in Egypt in 2020, with the European Court of Justice confirming the decision last year in a decision that recognized cross-border subsidies as equivalent to subsidies as defined under EU law.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Glass fibre manufacturers on the other side of the Mediterranean are hoping that this will <\/strong><strong>be increased to 25%<\/strong>, as the existing \u201c13.1 anti-subsidy duty is not enough to stop the flow of imports\u201d that are flooding the market, according to Glass Fibre Europe\u2019s legal representative Laurent Ruessmann.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt has a glass fibre capacity of 400k tons despite having no real local demand<\/strong>, Janssens alleges. This is nearly half of the EU\u2019s 1mn ton market demand for the material and comes on top of Chinese overcapacity that Janssens says its twice that of demand on the continent.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egyptian firms have also been in the European Commission\u2019s crosshairs<\/strong>, having recently initiated an anti-dumping investigation in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1e7edea5-7d04-4ad3-945e-cad50b1bca7e\/egypt-is-looking-to-attract-some-usd-2-bn-in-eu-investments\" style=\"\" rel=\"noopener\">August<\/a> into hot-rolled flat products of iron, non-alloy or other alloy steel imports from Egypt, India, Japan, and Vietnam \u2014 with Ezz Steel among the companies being investigated.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/competition-watch\/\">competition watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/european-commission\/\">European Commission<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/trade-egypt-eu-relations\/\">trade Egypt-EU relations<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"658622\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"658622\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">4<\/div>\r\n\r\n                    <p class=\"f-graphik\">M&amp;A WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/01\/14\/raseedi-completes-full-acquisition-of-nanocredit-outfit-kashat\/\">\r\n                            Raseedi completes full acquisition of nanocredit outfit Kashat                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        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data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/734.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/734.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-658622\" class=\"content-area-description single-story post-658622 post type-post status-publish format-standard has-post-thumbnail hentry category-ma-watch tag-enterpriseam tag-fintech tag-ma-watch tag-non-banking-financial-services tag-raseedi wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/1\/.45560efc-44d5-49da-97b6-67dba1cd07f9.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Raseedi acquires Kashat:<\/strong> Fintech startup <a target=\"_blank\" href=\"https:\/\/www.raseediapp.com\/\" style=\"\" rel=\"noopener\">Raseedi<\/a> has acquired <a target=\"_blank\" href=\"https:\/\/kashat.com.eg\/\" style=\"\" rel=\"noopener\">Kashat<\/a> \u2014 as well as its subsidiary, nano-financial services provider Pharos Microfinance \u2014 for an undisclosed sum, in what the firm described as \u201can equity deal to broaden its product offerings and introduce instant loans\u201d to its portfolio, Raseedi said in a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/1\/690.pdf\" style=\"\" rel=\"noopener\">statement (pdf)<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What the acquisition will bring:<\/strong> The transaction will open the door to the launch of a new product that will allow small and single-proprietor business owners to apply for instant disbursed cash of up to EGP 3k provided by Kashat in less than 5 minutes; the facilities will have a short repayment cycle of 1-3 months. The product will be based on Raseedi\u2019s \u201cproprietary technology and home grown credit scoring algorithm,\u201d the two said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The company has big expansion plans in the pipeline: <\/strong>After launching in Egypt \u2014 which will take roughly six months \u2014 Raseedi will look into expanding into markets that could include Morocco, Uzbekistan, as well as other economies in Central and West Africa, Raseedi CEO Ahmed Atalla told EnterpriseAM. \u201cInitially, we\u2019re going to be looking at markets with a significant unbanked population. Tentatively, we\u2019re planning on launching in Morocco within 12 months,\u201d he told us.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u201cWe currently have around 120k active monthly users on our platform \u2014 we plan to push <\/strong><strong>that figure to around 1.5 mn within the next 6-8 months<\/strong>, before hitting our main target of 3 mn monthly users,\u201d Atalla told us. \u201cWe plan to be disbursing up to EGP 3k to underbanked people \u2014 a figure we plan to talk to the FRA about increasing over time. We want to provide users with lending opportunities for their small businesses or for entrepreneurial ventures they may be working on,\u201d he continued. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Raseedi also plans on launching a B2B service<\/strong>, where it would partner with ride-hailing companies to provide drivers with instant payment against future rides that are paid for through credit cards, and to provide delivery workers with cash payments in advance \u2014 all of which would be up to EGP 3k to be paid back within a short term. \u201cThe goal is to conduct partnerships with big business with a lot of employees on the ground to give them the ability to be paid in advance for their endeavours,\u201d Atalla said, adding that Raseedi will begin working on those partnerships by the second half of the year. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Management changes will also follow:<\/strong> Raseedi will hire a managing director to lead Kashat. It will also be tapping personnel in the credit and risk management positions, Atalla said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they said: <\/strong>\u201cThe ability to easily lend money to the masses will be expanded, and Raseedi along with Kashat, through its subsidiary Pharos Microfinance, will become Egypt\u2019s only financial service provider to offer nano loans at scale; and that was purpose built for the task. This deal is important because the companies involved are true big data and artificial intelligence players, and are both home-grown,,\u201d our friend Karim Nour, co-founder and CEO of Kashat, said in the statement. <\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/fintech\/\">Fintech<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ma-watch\/\">M&amp;A Watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/non-banking-financial-services\/\">non-banking financial services<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/raseedi\/\">Raseedi<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"658624 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                            \"\r\n            id=\"658624\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/01\/14\/658624\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-658624\" class=\"content-area-description single-story post-658624 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/www.aucegypt.edu\/news\/onsi-sawiris-school-business\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/ads\/imgs\/350.jpg?ssl=1\"><\/a><\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"658625\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"658625\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">5<\/div>\r\n\r\n                    <p class=\"f-graphik\">Manufacturing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/01\/14\/chinese-firm-kingdom-holdings-no-not-that-kingdom-holdings-to-build-usd-60-mn-textile-factory-at-elsewedys-industria-sadat-zone\/\">\r\n                            Chinese firm Kingdom Holdings (no, not *that* Kingdom Holdings*) to build USD 60 mn textile factory at Elsewedy\u2019s Industria Sadat zone                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul 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class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/732.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"658626\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2025\/01\/14\/chinese-firm-kingdom-holdings-no-not-that-kingdom-holdings-to-build-usd-60-mn-textile-factory-at-elsewedys-industria-sadat-zone\/732-jpg-10\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/732.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"732.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/732.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/732.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-658625\" class=\"content-area-description single-story post-658625 post type-post status-publish format-standard has-post-thumbnail hentry category-manufacturing tag-china tag-elsewedy-industrial-development tag-enterpriseam tag-manufacturing tag-textiles wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/1\/.3026c195-861d-40ad-aad8-651fc75b1aad.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong><a target=\"_blank\" href=\"https:\/\/www.kingdom-china.com\/cn\/\" style=\"\" rel=\"noopener\">Kingdom Holdings<\/a><\/strong><strong> is getting ready to begin work on its first investment in <\/strong><strong>Egypt<\/strong>, with the Chinese textile manufacturer inking an agreement with <a target=\"_blank\" href=\"https:\/\/elsewedydevelopment.com\/\" style=\"\" rel=\"noopener\">Elsewedy Industrial<\/a><a target=\"_blank\" href=\"https:\/\/elsewedydevelopment.com\/\" style=\"\" rel=\"noopener\">Development<\/a> to develop a USD 60 mn textiles factory in its <a target=\"_blank\" href=\"https:\/\/elsewedydevelopment.com\/opportunities\/industria-sadat\/\" style=\"\" rel=\"noopener\">Industria Sadat<\/a> zone in Sadat City, the Elsewedy Electric subsidiary said in a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/1\/696.pdf\" style=\"\" rel=\"noopener\">statement (pdf)<\/a>. The Egyptian Commercial Services- and General Authority for Investment and Free Zones-supported agreement will see the factory declared a private freezone. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The factory will kick off production in 2026<\/strong>, with an annual production capacity of 5k tons and is expected to create 1.5k local jobs. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they said: <\/strong>\u201cThis initiative aligns perfectly with the Egyptian government\u2019s vision to double textile and garment exports by 2026, strengthening Egypt\u2019s position as an attractive investment destination,\u201d Elsewedy Industrial Development CEO Mohamed Al Kammah said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Chinese textile manufacturers have increasingly been looking to start production in<\/strong><strong>Egypt<\/strong>, with only the last few weeks bringing news that the world\u2019s largest producer of dyed fabrics and shirts <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/53bfb7d0-2111-4cbb-a26a-32461340c1ec\/china%25e2%2580%2599s-wu%25e2%2580%2599an-xin-feng-eyes-usd-1.7-bn-industrial-complex\" style=\"\" rel=\"noopener\">could soon be setting up shop in Egypt<\/a>, with Chinese dyed fabric giant <a target=\"_blank\" href=\"http:\/\/www.lttc.com.cn\/en\/product\/\" style=\"\" rel=\"noopener\">Luthai Textile<\/a> mulling a USD 385 mn factory. We also <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c09fb4bb-a77b-4cf7-8f57-6f69132950a7\/qantara-west-industrial-zone-to-welcome-two-new-projects-with-investments-of-usd-38-mn\" style=\"\" rel=\"noopener\">heard recently<\/a> that Kelida will set up a USD 30 mn factory and that Jiangsu Lianfa Textile is <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3090c98a-fef2-4ae3-a3ed-b39e501fc64e\/egypt-and-uae-ink-three-project-agreements-worth-bns-of-investments\" style=\"\" rel=\"noopener\">looking to set up<\/a> a USD 500 mn integrated complex for textile and ready-made garment production \u2014 to name just a few examples.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Keeping things straight: <\/strong>This Kingdom Holdings has nothing to do with <a target=\"_blank\" href=\"https:\/\/kingdom.com.sa\/\" style=\"\" rel=\"noopener\">Alwaleed bin Talal\u2019s behemoth<\/a> of the same name.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/china\/\">China<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/elsewedy-industrial-development\/\">Elsewedy Industrial Development<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/manufacturing\/\">Manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/textiles\/\">textiles<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"658627\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"658627\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">6<\/div>\r\n\r\n                    <p class=\"f-graphik\">LEGISLATION WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/01\/14\/were-getting-a-revamped-companies-act-that-gafi-says-will-be-in-line-with-changing-investment-climate\/\">\r\n                            We\u2019re getting a revamped Companies Act that GAFI says will be \u2018in line\u2019 with changing investment climate                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/01\/14\/were-getting-a-revamped-companies-act-that-gafi-says-will-be-in-line-with-changing-investment-climate\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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climate&url=https:\/\/enterpriseam.com\/egypt\/2025\/01\/14\/were-getting-a-revamped-companies-act-that-gafi-says-will-be-in-line-with-changing-investment-climate\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2025\/01\/14\/were-getting-a-revamped-companies-act-that-gafi-says-will-be-in-line-with-changing-investment-climate\/&title=We\u2019re getting a revamped Companies Act that GAFI says will be \u2018in line\u2019 with changing investment climate\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li 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               <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/730.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"658628\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2025\/01\/14\/were-getting-a-revamped-companies-act-that-gafi-says-will-be-in-line-with-changing-investment-climate\/730-jpg-12\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/730.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"730.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/730.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/730.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-658627\" class=\"content-area-description single-story post-658627 post type-post status-publish format-standard has-post-thumbnail hentry category-legislation-watch tag-enterpriseam tag-fdi tag-gafi tag-investment-watch tag-legislation-watch wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/1\/.4d707296-d76e-44f8-b876-118b340e2129.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong> GAFI to draft a new Companies Act in line with changing investment climate:<\/strong> The General Authority for Investment and Freezones (GAFI) plans to prepare a revamped companies law to replace the Companies Act, GAFI boss Hossam Heiba told <a target=\"_blank\" href=\"https:\/\/hapijournal.com\/2025\/01\/12\/%d9%87%d9%8a%d8%a6%d8%a9-%d8%a7%d9%84%d8%a7%d8%b3%d8%aa%d8%ab%d9%85%d8%a7%d8%b1-%d8%aa%d8%a8%d8%af%d8%a3-%d8%a5%d8%b9%d8%af%d8%a7%d8%af-%d9%85%d8%b3%d9%88%d8%af%d8%a9-%d9%85%d8%b4%d8%b1%d9%88%d8%b9\/\" style=\"\" rel=\"noopener\">Hapi Journal<\/a>. This comes as part of efforts to keep up with developments in the investment arena seen over the past few years and to provide a legislative framework that aligns with the increasing reliance on electronic documents. The authority is expected to put the draft legislation up for public consultation after Ramadan, he said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Unfamiliar with the Companies Act? <\/strong>The law provides a regulatory framework for how companies in Egypt are incorporated, managed, and dissolved. The law also covers shareholder rights and the responsibilities of boards. You can check out the <a target=\"_blank\" href=\"https:\/\/www.gafi.gov.eg\/English\/StartaBusiness\/Laws-and-Regulations\/Documents\/Lawno159oftheyear1981.pdf\" style=\"\" rel=\"noopener\">full text of the law<\/a> on GAFI\u2019s official website. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What can we expect from the new law?<\/strong> The new law will focus on the incorporation procedures for companies, post-incorporation services \u2014 such as documenting board meetings or general assemblies \u2014 and recognizing electronic procedures and documents, which are still not recognized under the current legislation, Heiba revealed. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Creating a unified authority: <\/strong>The new law will select a single authority through which companies can register their establishment \u2014 a process that currently spans eight different entities.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u201cThe process of establishing companies in Egypt currently differs from other countries,<\/strong> as it involves numerous procedures and requires fulfilling all founding requirements right from the beginning,\u201d Heiba was quoted as saying. \u201cThere will be a move to divide these procedures into two phases: the first will only involve the establishment of the company and give it a 12-month grace period to define its activities and meet the remaining requirements,\u201d he said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The authority has done its homework: <\/strong>GAFI looked into legislation from 20 countries in preparation, Heiba said, adding that the authority also worked to identify recurring issues in the existing law. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Remember: <\/strong>The government has been working tirelessly to boost investment, introducing reforms and incentives to facilitate the investment process with the aim of attracting a large number of investments. <\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/fdi\/\">FDI<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/gafi\/\">GAFI<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/investment-watch\/\">investment watch<\/a>\n                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      \n<article id=\"post-658629\" class=\"content-area-description single-story post-658629 post type-post status-publish format-standard hentry category-advertiser wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p><span style=\"font-weight:400;\"><a href=\"https:\/\/www.sodic.com\/SodicContactUs\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1921.jpg?ssl=1\"><\/a><\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"658630\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"658630\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">7<\/div>\r\n\r\n                    <p class=\"f-graphik\">LAST NIGHT\u2019S TALK SHOWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/01\/14\/the-draft-criminal-procedures-law-drew-controversy-on-the-airwaves\/\">\r\n                            The draft Criminal Procedures Law drew controversy on the airwaves                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a 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                   <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/746.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"658631\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2025\/01\/14\/the-draft-criminal-procedures-law-drew-controversy-on-the-airwaves\/746-jpg-8\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/746.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"746.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/746.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/746.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-658630\" class=\"content-area-description single-story post-658630 post type-post status-publish format-standard has-post-thumbnail hentry category-last-nights-talk-shows tag-enterpriseam tag-gaza tag-last-nights-talk-shows tag-legislation wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/1\/.f8820782-7568-4f56-b718-3f1e1a471759.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>The nation\u2019s talking heads focused their coverage last night on the controversy <\/strong><strong>surrounding the new Criminal Procedures Law<\/strong> draft being debated in the House of Representatives.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Attracting<\/strong> <strong>most attention was Article 79 of the draft law<\/strong>, which concerns monitoring social media, email, messages, and communication. MP Freddy El Baiady told Kelma Akhira's Lamees El Hadidi that the article \u201cviolates the constitution\" which protects privacy rights and prohibits surveillance without a justified judicial order for a specific duration (<a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=Z65MxOO_9KU\" style=\"\" rel=\"noopener\">watch, runtime: 3:29<\/a>). El Baiady added that he is calling for an amendment to limit the number of times an individual can be put under surveillance to three times, \u201crather than allowing lifetime surveillance of suspects.\u201d <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Article<\/strong> <strong>67 was also a concern to some<\/strong>, with El Hadidi highlighting that some consider the article to be \u201cprimarily targeting journalists\u201d as it stipulates that \u201cinvestigation procedures and results are considered confidential and may only be disclosed through official statements by the public prosecution or relevant investigative authority, with penalties for violators\u201d (<a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=Pasrono9DcM\" style=\"\" rel=\"noopener\">watch, runtime: 11:08<\/a>). MP and member of the House Legislative Affairs Committee Ahmed El Sharkawy assured El Hadidi that the article \u201cisn't about publishing crimes or media coverage,\u201d but rather concerns \u201cthose who handle investigation documents during ongoing investigations.\u201d El Sharkawy added that separate laws govern media coverage.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>El Hekayah\u2019s Amr Adib also gave airtime to the subject (<\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=tqx6_D-Df5I\" style=\"\" rel=\"noopener\">watch, runtime: 17:17<\/a><\/strong><strong>).<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO ON THE AIRWAVES- \u201cA ceasefire <\/strong><strong>agreement in Gaza could be announced within <\/strong><strong>the next 48 hours,<\/strong> with the first phase including the release of 34 Israeli hostages held by Hamas alongside Palestinian prisoners held by Israel,\u201d former Assistant Foreign Minister Hussein Haridy told Ala Mas'ouleety's Ahmed Moussa. He added that \u201cthis phase would last six to eight weeks,\u201d (<a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=h4R7cZA0Y94\" style=\"\" rel=\"noopener\">watch, runtime: 3:28<\/a>). Adib gave airtime to the news as well (<a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=kY9_hlJV6CI\" style=\"\" rel=\"noopener\">watch, runtime: 15:27<\/a>).<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/gaza\/\">Gaza<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/last-nights-talk-shows\/\">LAST NIGHT\u2019S TALK SHOWS<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/legislation\/\">legislation<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"658632\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"658632\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">8<\/div>\r\n\r\n                    <p class=\"f-graphik\">EGYPT IN THE NEWS<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/01\/14\/egypt-has-big-solar-ambitions-whats-hindering-them\/\">\r\n                            Egypt has big solar ambitions \u2014 what\u2019s hindering them?                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/01\/14\/egypt-has-big-solar-ambitions-whats-hindering-them\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2025\/01\/14\/egypt-has-big-solar-ambitions-whats-hindering-them\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2025\/01\/14\/egypt-has-big-solar-ambitions-whats-hindering-them\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Egypt has big solar ambitions \u2014 what\u2019s hindering them?&url=https:\/\/enterpriseam.com\/egypt\/2025\/01\/14\/egypt-has-big-solar-ambitions-whats-hindering-them\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2025\/01\/14\/egypt-has-big-solar-ambitions-whats-hindering-them\/&title=Egypt has big solar ambitions \u2014 what\u2019s hindering them?\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Egypt+has+big+solar+ambitions+%E2%80%94+what%E2%80%99s+hindering+them%3F+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2025%2F01%2F14%2Fegypt-has-big-solar-ambitions-whats-hindering-them%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/01\/14\/egypt-has-big-solar-ambitions-whats-hindering-them\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2485.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"658633\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2025\/01\/14\/egypt-has-big-solar-ambitions-whats-hindering-them\/2485-jpg-10\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2485.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2485.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2485.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/2485.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-658632\" class=\"content-area-description single-story post-658632 post type-post status-publish format-standard has-post-thumbnail hentry category-egypt-in-the-news tag-enterpriseam tag-renewables tag-solar-power wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/1\/.55917966-c40d-4576-a578-2a987960e2c0.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Our solar ambitions under the spotlight: <\/strong>Egypt has all the resources needed to expand its solar power generation \u2014 sunny skies, large areas of unused desert land, and a developer electricity grid \u2014 yet obstacles continue to hinder its expansion plans, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/energy\/egypt-rushes-catch-up-solar-energy-gas-prices-soar-2025-01-13\/\" style=\"\" rel=\"noopener\">Reuters<\/a> writes. Expanding solar energy generation, and renewable energy sources at large, has been a priority as of late after Egypt began ramping up expensive energy imports to try to close the gap between supply and demand to put an end to blackouts that had plagued the country.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>So what\u2019s the hold up? <\/strong>Solar players cite \u201cmarket-distorting power subsidies and restrictive regulations\u201d as reasons behind delayed rollouts.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>That being said, we have a lot of solar projects in the pipeline:<\/strong> A number of foreign players are <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f06eff19-bbf5-4e0e-ab0f-2f861846287b\/the-most-notable-foreign-investments-secured-in-2024\" style=\"\" rel=\"noopener\">setting up solar projects<\/a> here \u2014 most notably UAE\u2019s AMEA Power is <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/dd31a359-eb91-469f-8e28-aea7c99cf6ee\/amea-power%25e2%2580%2599s-1-gw%253cmark%253e-solar-plant%253c%2Fmark%253e-in-benban-gets-golden-license\" style=\"\" rel=\"noopener\">setting up a 1 GW solar power plant<\/a> with 600 MWh battery storage system in Benban. \u201cBut Egypt is likely to need thousands more megawatts of additional capacity to meet demand in coming years,\u201d AMEA Power\u2019s Hussain Al Nowais said. <\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/solar-power\/\">solar power<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"658634\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"658634\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">9<\/div>\r\n\r\n                    <p class=\"f-graphik\">Also on our Radar<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/01\/14\/government-lays-out-target-to-slash-customs-times-to-two-days-by-the-end-of-this-year-plus-saudi-egyptian-industrial-investment-orascom-financial-holding-klivvr-holding-nio-prometeon-tyre-bony\/\">\r\n                            Egypt lays out target to slash customs times to two days by the end of 2025. PLUS: Saudi Egyptian Industrial Investment, Orascom Financial Holding, Klivvr Holding, NIO, Prometeon Tyre, Bonyan                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/01\/14\/government-lays-out-target-to-slash-customs-times-to-two-days-by-the-end-of-this-year-plus-saudi-egyptian-industrial-investment-orascom-financial-holding-klivvr-holding-nio-prometeon-tyre-bony\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); navigator.clipboard.writeText('https:\/\/enterpriseam.com\/egypt\/2025\/01\/14\/government-lays-out-target-to-slash-customs-times-to-two-days-by-the-end-of-this-year-plus-saudi-egyptian-industrial-investment-orascom-financial-holding-klivvr-holding-nio-prometeon-tyre-bony\/')\">\n                    Copy Link                <\/a>\n\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https:\/\/enterpriseam.com\/egypt\/2025\/01\/14\/government-lays-out-target-to-slash-customs-times-to-two-days-by-the-end-of-this-year-plus-saudi-egyptian-industrial-investment-orascom-financial-holding-klivvr-holding-nio-prometeon-tyre-bony\/\">\n                    Facebook                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/facebook-icon2.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/x.com\/intent\/post?text=Government lays out target to slash customs times to two days by the end of this year. PLUS: Saudi Egyptian Industrial Investment, Orascom Financial Holding + Klivvr Holding, NIO, Prometeon Tyre, Bonyan&url=https:\/\/enterpriseam.com\/egypt\/2025\/01\/14\/government-lays-out-target-to-slash-customs-times-to-two-days-by-the-end-of-this-year-plus-saudi-egyptian-industrial-investment-orascom-financial-holding-klivvr-holding-nio-prometeon-tyre-bony\/\">\n                    X                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/twitter-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2025\/01\/14\/government-lays-out-target-to-slash-customs-times-to-two-days-by-the-end-of-this-year-plus-saudi-egyptian-industrial-investment-orascom-financial-holding-klivvr-holding-nio-prometeon-tyre-bony\/&title=Government lays out target to slash customs times to two days by the end of this year. PLUS: Saudi Egyptian Industrial Investment, Orascom Financial Holding + Klivvr Holding, NIO, Prometeon Tyre, Bonyan\">\n                    LinkedIn                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/linkedin-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/api.whatsapp.com\/send?text=Government+lays+out+target+to+slash+customs+times+to+two+days+by+the+end+of+this+year.+PLUS%3A+Saudi+Egyptian+Industrial+Investment%2C+Orascom+Financial+Holding+%2B+Klivvr+Holding%2C+NIO%2C+Prometeon+Tyre%2C+Bonyan+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2025%2F01%2F14%2Fgovernment-lays-out-target-to-slash-customs-times-to-two-days-by-the-end-of-this-year-plus-saudi-egyptian-industrial-investment-orascom-financial-holding-klivvr-holding-nio-prometeon-tyre-bony%2F\">\n                    WhatsApp                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/whatsapp-icon.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n        <\/ul>\n    <\/div>\n        <\/div>\r\n                    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/01\/14\/government-lays-out-target-to-slash-customs-times-to-two-days-by-the-end-of-this-year-plus-saudi-egyptian-industrial-investment-orascom-financial-holding-klivvr-holding-nio-prometeon-tyre-bony\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/744.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"658635\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2025\/01\/14\/government-lays-out-target-to-slash-customs-times-to-two-days-by-the-end-of-this-year-plus-saudi-egyptian-industrial-investment-orascom-financial-holding-klivvr-holding-nio-prometeon-tyre-bony\/744-jpg-12\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/744.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"744.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/744.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/1\/744.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-658634\" class=\"content-area-description single-story post-658634 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-b-investments tag-bonyan tag-compass-capital tag-customs tag-energy tag-enterpriseam tag-infrastructure tag-klivver tag-manufacturing tag-orascom-financial-holding tag-real-estate tag-renewables tag-saudi-egyptian-industrial-investments tag-trade wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/1\/.b2316faa-88c7-4d8c-952f-05da924a4c8d.mp3\"><\/audio><\/figure>\n<p class=\"tag-border-left\">CUSTOMS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>The government is working on cutting customs clearance times down from eight days to<\/strong><strong> just two<\/strong>, Investment Minister Hassan Al Khatib said, according to a ministry <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/permalink.php?story_fbid=pfbid028DmWeaGwRDtvaiuK8HnSMJQi4pVZi2ZQ8gc1byrLXFxZdqd3XHkmDhtvbKbqu5wBl&amp;id=61562245173260\" style=\"\" rel=\"noopener\">statement<\/a>. Towards this aim, the government has already enforced a new rule that customs services continue on Fridays and national holidays, along with extending the period that people can pay their customs dues until after banks close.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The government has even more ambitious customs clearance customs time for some of <\/strong><strong>its key regional allies<\/strong>, with agreements signed last month with <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0766fc50-0323-4021-8d2c-a26a4360265f\/hassan-allam-utilities-to-invest-in-and-develop-king-abdullah-economic-city-off-port-terminal.-plus:-madinet-masr,-efg-hermes,-majid-al-futtaim-%2B-empower,-abb-group\" style=\"\" rel=\"noopener\">Saudi Arabia<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1d75eae1-5784-4b33-b5cd-166686c5eb59\/egypt-to-ink-agreements-with-bahrain,-uae-to-cut-customs%253cmark%253e-clearance%253c%2Fmark%253e-time\" style=\"\" rel=\"noopener\">UAE, and Bahrain<\/a> to cut the time down from a few days to just a few hours.<\/p>\n<p class=\"tag-border-left\">INVESTMENT-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi Egyptian Industrial Investment is planning on investing some USD 30 mn into the<\/strong><strong> local market this year,<\/strong> General Manager Ahmed Ata told <a target=\"_blank\" href=\"https:\/\/asharqbusiness.com\/financing-and-investment\/66542\/%D8%A7%D9%84%D8%B3%D8%B9%D9%88%D8%AF%D9%8A%D8%A9-%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%8A%D8%A9-%D8%AA%D8%B9%D8%AA%D8%B2%D9%85-%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1-30-%D9%85%D9%84%D9%8A%D9%88%D9%86-%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D8%A8%D9%85%D8%B5%D8%B1-%D9%81%D9%8A-2025\/\" style=\"\" rel=\"noopener\">Asharq Business<\/a>. The firm is looking to invest across several sectors \u2014 including an alternative investment in the glass sector, after the company\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/27b342ac-a7c6-4971-8373-1aa8db736c31\/saudi-egyptian-industrial-investment-mulls-reviving-bid-for-state-run%253cmark%253e-el-nasr-glass%253c%2Fmark%253e%3B-plus:-emaar-misr-pushes-forward-acquisition-plans,-gtex-holding%25e2%2580%2599s-uk-retail-unit-receives-offer\" style=\"\" rel=\"noopener\">bid for up to 70% of the state-owned El Nasr Glass and Crystal Company<\/a> failed to reach a conclusion. The company is also looking to acquire an export-oriented firm in the ready-made garments sector, enhance its investments in its existing companies, and add a new production line to Ateco Pharma to double its production capacity, Atta said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Remember:<\/strong> Ata said last month that Saudi Egyptian Industrial Investments would be targeting <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/5a9aa48f-d65e-4ac6-82e4-8a89f7255888\/futures-contracts-and-other-derivatives-to-hit-the-egx-in-2q-2025\" style=\"\" rel=\"noopener\">20-30% stakes<\/a> in ready-made garments, glass, and cookware companies in 2025. <\/p>\n<p class=\"tag-border-left\">M&amp;A-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Orascom Financial Holding\u2019s board has greenlit selling its entire 99.0% stake in Klivvr<\/strong><strong> Electronics to the Sawiris family-owned Klivvr Holding<\/strong>, the B Investments Holdings-majority owned company said in an <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/1\/683.pdf\" style=\"\" rel=\"noopener\">EGX disclosure (pdf)<\/a>. The newly established Klivvr Holding \u2014 which only came to our attention in November \u2014 is offering EGP 11 per share for the fintech, valuing the total transaction at some EGP 657.7 mn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The transaction comes as part of B Investments' <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/4230aad9-3678-48a8-8585-c65e8a819820\/kazyon-to-fuel-morocco-expansion-plans-with-usd-30-mn-from-the-ifc\" style=\"\" rel=\"noopener\">commitment<\/a><\/strong> <strong> to sell Orascom Financial<\/strong><strong> Holding's stake in Klivvr Electronics <\/strong>within a year of acquiring a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e8cd4eae-93e7-4adf-bd18-78c279084700\/\" style=\"\" rel=\"noopener\">68.9% stake<\/a> in OFH through a share swap late last year.<\/p>\n<p class=\"tag-border-left\">AUTOMOTIVE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Chinese EV maker <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.nio.com\/\" style=\"\" rel=\"noopener\">NIO<\/a><\/strong><strong> is reportedly studying entering the Egyptian market <\/strong>by appointing a local agent to handle imports, after-sales services, and maintenance operations amid growing demand for luxury electric vehicles, <a target=\"_blank\" href=\"https:\/\/almalnews.com\/premium\/nio-%d8%a7%d9%84%d8%b5%d9%8a%d9%86%d9%8a%d8%a9-%d8%a7%d9%84%d9%85%d8%aa%d8%ae%d8%b5%d8%b5%d8%a9-%d9%81%d9%8a-%d8%a7%d9%84%d8%b3%d9%8a%d8%a7%d8%b1%d8%a7%d8%aa-%d8%a7%d9%84%d9%83\/\" style=\"\" rel=\"noopener\">Al Mal<\/a> reports, citing unnamed auto industry sources.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Talks underway:<\/strong> The Chinese company has begun discussions with local automotive companies and businesspeople about exclusive agency rights, according to the sources. Some local firms have already imported limited quantities of NIO vehicles to test their compatibility with Egyptian operating standards and specifications, the sources added.<\/p>\n<p class=\"tag-border-left\">REAL ESTATE-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Bonyan has expanded its office space portfolio with the acquisition of a 8.2k-sqm office<\/strong><strong> building in New Cairo<\/strong>, the Compass Capital real estate subsidiary said in a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/1\/719.pdf\" style=\"\" rel=\"noopener\">statement (pdf)<\/a>. The acquisition marks Bonyan\u2019s third purchase of a Grade A office space in the last 13 months and brings its total commercial assets across east and west Cairo to ten.<\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/also-on-our-radar\/\">ALSO ON OUR RADAR<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/b-investments\/\">B Investments<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/bonyan\/\">bonyan<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/compass-capital\/\">Compass Capital<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/customs\/\">customs<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/energy\/\">energy<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/infrastructure\/\">infrastructure<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/klivver\/\">Klivver<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/manufacturing\/\">Manufacturing<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/orascom-financial-holding\/\">Orascom Financial Holding<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/real-estate\/\">real estate<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/saudi-egyptian-industrial-investments\/\">Saudi Egyptian Industrial Investments<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/trade\/\">trade<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"658636\" class=\"issue-section markets\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"658636\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">10<\/div>\r\n\r\n                    <p class=\"f-graphik\">PLANET FINANCE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/01\/14\/em-borrowers-issue-a-record-usd-57-5-bn-in-debt-ahead-of-trump-administration\/\">\r\n                            EM borrowers issue a record USD 57.5 bn in debt ahead of Trump administration                        <\/a>\r\n                    <\/h3>\r\n\r\n                    \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/01\/14\/em-borrowers-issue-a-record-usd-57-5-bn-in-debt-ahead-of-trump-administration\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" 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has-post-thumbnail hentry category-planet-finance tag-emerging-markets tag-enterpriseam tag-financial-markets tag-planet-finance wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<aside>\t\t\t<div\r\n\t\t\t\t\t\t\t\tclass=\"newspack-popup-container newspack-popup hidden  newspack-inline-popup  newspack-lightbox-no-border   \"\r\n\t\t\t\trole=\"button\"\r\n\t\t\t\ttabindex=\"0\"\r\n\t\t\t\tstyle=\"background-color:#FFFFFF;color:#000\"\r\n\t\t\t\tid=\"id_408150\"\r\n\t\t\t\tdata-segments=\"\"\r\n\t\t\t\tdata-frequency=\"0,0,0,month\"\r\n\t\t\t>\r\n\t\t\t\t\n<div class=\"wp-block-group has-light-gray-background-color has-background\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-container-core-group-is-layout-ef38739e wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-content-justification-center is-nowrap is-layout-flex wp-container-core-group-is-layout-94bc23d7 wp-block-group-is-layout-flex\"><div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408151.svg\" alt=\"\" class=\"wp-image-408151\"\/><\/figure>\n<\/div><\/div>\n<\/div><\/div>\n\t\t\t<\/div>\r\n\t\t<\/aside>\n<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/1\/.b6ef097e-22cd-434f-9119-7147d45ac925.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Emerging market borrowers issued a record USD 57.5 bn in bonds since the beginning of <\/strong><strong>2025<\/strong>, a 28.9% y-o-y increase from USD 44.6 bn during the same period last year, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/rates-bonds\/em-bond-sales-top-50-bln-cash-dash-beat-trump-fed-surprises-2025-01-13\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reported citing Morgan Stanley data. As borrowers rush to lock in proceeds before Trump takes charge, analysts warn that the growing appetite is at risk of a market shift.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>By the numbers:<\/strong> Top issuers included Saudi Arabia, which <a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\/news\/story\/9470d441-db21-42b6-93f0-78644246913f\/\" style=\"\" rel=\"noopener\">sold bonds worth USD 12 bn<\/a> last week, while Mexico recorded USD 8.5 bn and Chile recorded USD 3 bn in sales. Average premiums range between 0 and 10 basis points above US treasuries, with EUR-denominated bonds making a strong comeback. Sovereign borrowers, including Saudi and Indonesia, are mitigating higher yields by favoring shorter maturities over traditional 30-year bonds, the newswire said.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The drivers:<\/strong> This surge in borrowing is driven by fears of market volatility ahead of the second Donald Trump administration, uncertainty around the US Federal Reserve\u2019s interest rate plans, and inflation concerns, Stefan Weiler, JPMorgan's head of CEEMEA debt capital markets, told Reuters. Emerging markets are also under pressure from USD 500 bn in short-term debt issued during covid, set to mature this year.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The trend is expected to continue: <\/strong>Borrowers are expected to issue another USD 30 bn in debt before 20 January, Weiler added. The trend could also continue well into 1H 2025, according to Matt Doherty, head of CEEMEA syndicate at BNP Paribas. \u201cI wouldn't be surprised if you have another first half where we see the best part of USD 200 bn in issuance from CEEMEA,\u201d Doherty told Reuters.<\/p><p class=\"tag-border-left\">MARKETS THIS MORNING- <\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Asian markets are mixed in early trading<\/strong>, largely mirroring a mixed trading session for Wall Street yesterday that ended last night with tech stocks falling. Mainland China\u2019s CSI 300 and the Hang Seng Index are each up 1.2% and Shanghai is similarly up 1.3%, while Japan\u2019s Nikkei is firmly in the red so far this morning. <\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Futures indicate Wall Street is set to open in the green<\/strong>, suggesting the Dow Jones will continue rising after closing up 0.9% yesterday.<\/p><div class=\"stock-ticker-panel\">\n<table class=\"table stock-ticker-table markets-table\">\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>EGX30<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">28,556<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-2.5% (YTD: -4.0%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>USD (CBE)<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">Buy 50.45<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">Sell 50.58<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>USD (CIB)<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">Buy 50.47<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">Sell 50.57<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-none\">\n<td class=\"td-list-none\">\n<p><svg class=\"e-icon e-TypeMarkets\"><use xlink:href=\"#e-TypeMarkets\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Interest rates (CBE)<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">27.25% deposit<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">28.25% lending<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Tadawul<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">12,110<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.1% (YTD: +0.6%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>ADX<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">9,459<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.4% (YTD: +0.4%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>DFM<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">5,233<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.1% (YTD: +1.4%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>S&amp;P 500<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">5,836<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+0.2% (YTD: -0.8%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>FTSE 100<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">8,224<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.3% (YTD: +0.6%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Euro Stoxx 50<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">4,954<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.5% (YTD: +1.2%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Brent crude<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 80.90<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">+1.4%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Natural gas (Nymex)<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 3.93<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-1.4%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Gold<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 2678.60<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-1.3%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>BTC<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 94,307.70<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.1% (YTD: +0.8%)<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<\/div><p class=\"tag-border-left\">THE CLOSING BELL-<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The EGX30 fell 2.5% at yesterday\u2019s close<\/strong> on turnover of EGP 3.8 bn (0.4% below the 90-day average). Egyptian investors were the sole net buyers. The index is down 4.0% YTD.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the green: <\/strong>Egyptian Kuwaiti Holding- EGP (+2.4%), Alexandria Containers and Cargo Handling (+2.4%), and Ezz Steel (+2.3%).<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the red: <\/strong>TMG Holding (-6.0%), EFG Holding (-5.1%), and Palm Hills Developments (-4.5%).<\/p><p class=\"tag-border-left\">CORPORATE ACTIONS-<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Ezz Steel has announced the fair value of its shares at EG<\/strong><strong>P 138.15<\/strong> based on a study conducted by financial advisor BDO Keys Financial Consulting, Ezz Steel said in an <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/1\/685.pdf\" style=\"\" rel=\"noopener\">EGX disclosure (pdf)<\/a>.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Remember:<\/strong> The Financial Regulatory Authority <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/32d4935f-a8f0-468a-8f4d-3bd1a2301f38\/more-volatility-in-2025\" style=\"\" rel=\"noopener\">gave its approval<\/a> for Ezz Steel to begin procedures for delisting its shares from the EGX last month. Under the proposal, objecting shareholders can sell their shares back to the company at either the highest closing price during the month preceding the board of directors\u2019 statement \u2014 EGP 118.98 per share \u2014 or the newly determined fair value of the company\u2019s shares. <\/p>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/emerging-markets\/\">emerging markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/financial-markets\/\">Financial Markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/planet-finance\/\">Planet Finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<div class=\"alignfull vertical-section wide-section going-green wp-block-group issue-section\" id=\"658638\">\r\n    <div class=\"issue-section__content\">\r\n        <div class=\"alignwide wp-block-columns\">\r\n            <div class=\"wp-block-column sidebar-vertical-info\" style=\"flex-basis:22.8%\">\r\n                <figure class=\"wp-block-image size-full\">\r\n                                            <img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27465.svg\" style=\"width:80%\" alt=\"\" >\r\n                                    <\/figure>\r\n                <p>\r\n                    Our weekly deep dive into the green economy and ESG issue in Egypt.                <\/p>\r\n                <figure class=\"wp-block-image size-full mt-0 mb-0 img-white-bg\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27483.png?ssl=1\" alt=\"\"><\/figure>\r\n                <p class=\"has-text-color has-link-color\">\r\n                    Published every Tuesday in EnterpriseAM.                <\/p>\r\n                <div class=\"wp-block-buttons mt-0\">\r\n                    <div class=\"wp-block-button\">\r\n                        <a class=\"wp-block-button__link has-background wp-element-button\" href=\"https:\/\/enterpriseam.com\/egypt\/goinggreen\/\">\r\n                            Read going Green                        <\/a>\r\n                    <\/div>\r\n                <\/div>\r\n            <\/div>\r\n            <div class=\"wp-block-column issue-section\">\r\n                <div class=\"story-section\">\r\n                    <div class=\"issue-story-header text-center\">\r\n                        <div class=\"index-number\">11<\/div>\r\n\r\n                        <p class=\"f-graphik\">Going Green<\/p>\r\n                        <h3 class=\"story-title\"><a href=\"https:\/\/enterpriseam.com\/egypt\/goinggreens\/what-does-egypts-first-biennial-transparency-report-tell-us-about-the-nations-efforts-to-go-green\/\">\r\n                            What does Egypt\u2019s First Biennial Transparency Report tell us about the nation\u2019s efforts to go green?<\/a>\r\n                        <\/h3>\r\n\r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/goinggreens\/what-does-egypts-first-biennial-transparency-report-tell-us-about-the-nations-efforts-to-go-green\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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The report \u201cmarks a critical milestone in the nation\u2019s journey toward effective climate governance, showcasing its commitment to transparency and climate action.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>TL;DR: <\/strong>\u201cThis report outlines our progress, ambitious goals, and the strategies we are implementing to address climate change at national, regional, and global levels,\u201d Environment Minister Yasmine Fouad wrote in the report\u2019s foreword. The report \"provides a comprehensive overview of Egypt's climate initiatives, including an updated Greenhouse Gas (GHG) Inventory, progress toward achieving our Nationally Determined Contribution (NDC), mitigation strategies, and Adaptation Communication. Furthermore, it details the support we have received in this critical endeavor.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>First things first, what is a BTR? <\/strong><a target=\"_blank\" href=\"https:\/\/unfccc.int\/biennial-transparency-reports\" style=\"\" rel=\"noopener\">BTRs<\/a> outline a country\u2019s national inventory reports, progress made towards achieving <a target=\"_blank\" href=\"https:\/\/unfccc.int\/process-and-meetings\/the-paris-agreement\/nationally-determined-contributions-ndcs\" style=\"\" rel=\"noopener\">nationally determined contributions<\/a> (NDC), policy implementation, climate change effects, financial status, technology advancement, and areas of improvement. Parties to the Paris Agreement are required to submit BTRs every two years under the enhanced transparency framework.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Right on time: <\/strong>Egypt submitted its first BTR on 30 December 2024, <a target=\"_blank\" href=\"https:\/\/unfccc.int\/first-biennial-transparency-reports\" style=\"\" rel=\"noopener\">one day before the<\/a><a target=\"_blank\" href=\"https:\/\/unfccc.int\/first-biennial-transparency-reports\" style=\"\" rel=\"noopener\"><\/a><a target=\"_blank\" href=\"https:\/\/unfccc.int\/first-biennial-transparency-reports\" style=\"\" rel=\"noopener\">deadline<\/a> set by the United Nations Framework Convention on Climate Change (UNFCCC).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The context: <\/strong>Egypt\u2019s population now stands at almost 106 mn \u2014 and is expected to reach 160 mn by 2050 \u2014 placing burdens on food security, water security, and economic development. Although the country has made progress on the macro front, the Covid-19 pandemic hindered recent progress. At the same time, significant macroeconomic disruptions \u2014 including the float of the EGP \u2014 have caused economic shocks.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The stats: <\/strong>CO2 accounts for the largest share of emissions, making up 75.9% of total emissions among gases due to being closely linked to energy production and industrial manufacturing. Following CO2, the gases that account the biggest shares of emissions are methane (13.7%) and nitrous oxide (7.4%). <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>We have a plan to slash carbon emissions: <\/strong>The Oil Ministry is currently following a plan <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/6db5fc8e-f1ac-4b35-a986-dd1f92f69c4c\/how-far-have-egypt%25e2%2580%2599s-efforts-to-reduce-oil-sector-emissions-come%3F\" style=\"\" rel=\"noopener\">that<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/6db5fc8e-f1ac-4b35-a986-dd1f92f69c4c\/how-far-have-egypt%25e2%2580%2599s-efforts-to-reduce-oil-sector-emissions-come%3F\" style=\"\" rel=\"noopener\">it says<\/a> lowers emissions and offers economic returns. The ministry has implemented around 340 projects aimed at optimizing energy use, resulting in annual savings of USD 135.5 mn and reducing 1.2 mn tons of CO2 emissions a year. Part of the initiative included detailed energy audits in five key energy companies and the training of some 250 engineers.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt is especially vulnerable to the effects of climate change: <\/strong>Egypt has suffered extreme temperatures over the past 30 years, while also seeing a 22% decline in annual rainfall. Temperatures are set to rise by 2.1\u00b0C to 5.7\u00b0C by the end of the century under a high emission scenario. The Nile Delta is a region that is among the world\u2019s most vulnerable to climate change due to its dependence on the Nile for agriculture, industry, fisheries, and energy. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The country has set ambitious goals: <\/strong>Egypt plans to reduce the electricity sector\u2019s greenhouse gases emissions by 37% by 2030. The Madbouly government also has plans to slash emissions in the oil and gas sector by 65% and transport sector-related emissions by 7% over the same time period. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How can we achieve this? <\/strong>The government is looking to attract USD 34 bn of renewable investments through 2026-2027, a government source <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/5d1a2b66-3c41-449b-934a-06d2b5f0d4ee\/the-roadmap-to-adding-28-gw-of-renewable-energy-to-the-country%25e2%2580%2599s-energy-mix\" style=\"\" rel=\"noopener\">told EnterpriseAM<\/a> last year. The government wants to push its green investments to 75% of its total investment <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/15d6f791-948f-4bbb-9bd3-3ddb57475e44\/\" style=\"\" rel=\"noopener\">spending by 2030<\/a> and have its green economy contribute no less than 5% to its GDP.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It won\u2019t come without challenges: <\/strong>\u201cThe expansion and modernization of Egypt's power grid is crucial for integrating renewable energy sources. The government is investing in the development of a smart grid that can accommodate the growing share of solar and wind energy \u2026 However, financial constraints are impeding the expansion of the power grid, thereby limiting the integration of renewable energy at the planned capacities,\u201d the report reads. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The progress made so far: <\/strong>Egypt reduced emissions by 34.3% in 2022 compared to the business as usual (BAU) scenario. In the oil and gas sector, emissions were reduced by 57% compared to BAU levels and the transport sector surpassed its goal of slashing emissions 7% by 2030, reducing them 16.9% in 2022. Additionally, the Oil Ministry outperformed its energy efficiency goals, cutting energy consumption by 5.6% between the years 2015 and 2022 against a target of 5% thanks to implementing energy-saving measures in petroleum companies. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How can we keep the ball rolling? <\/strong>\u201cEgypt requires adaptation measures such as climate-resilient infrastructure, public health campaigns, and energy-efficient designs to mitigate the impacts of climate change on society and the economy,\u201d the report reads, highlighting the need for stronger cooperation between government bodies, local communities, NGOs, and the private sector to help develop effective solutions. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>To help pay for it all: <\/strong>The nation is looking to secure financial support across various sectors to help it implement climate mitigation and adaptation strategies. The report points to barriers hindering efforts to secure international finance including \u201ccurrency instability, shortage in<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">foreign currency, high lending rates and inflation.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s next? <\/strong>The report will undergo a <a target=\"_blank\" href=\"https:\/\/unfccc.int\/technical-expert-review\" style=\"\" rel=\"noopener\">technical expert review<\/a>, which will \u201chelp demonstrate action, identify areas of improvement and capacity-building needs, attract targeted support, and ultimately build trust.\u201d The UN will also <a target=\"_blank\" href=\"https:\/\/unfccc.int\/facilitative-multilateral-consideration-of-progress\" style=\"\" rel=\"noopener\">undertake a facilitative multilateral consideration of progress<\/a> to \u201copen dialogue on climate actions, successes, and challenges.\u201d <\/p>\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Your top green economy stories for the week:<\/strong><\/p>\n<ul>\n<li><strong>Efforts to recycle agricultural waste: <\/strong>The Agricultural Research Center inked a cooperation protocol with Abu Zaabal Fertilizers and Chemical Company to produce affordable peat moss from agricultural waste. (<a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02QhMRGoT26RZYf5J2NHY1rVi59KNH3HwykJYFZXiRqyXyjXTGveRq7ZBEdH381zvPl\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>Oriental Weavers has inaugurated new expansions at its industrial wastewater <\/strong><strong>treatment facility<\/strong> in its spinning factory. (<a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/1\/263.pdf\" style=\"\" rel=\"noopener\">Statement<\/a>)<\/li>\n<li><strong>Ras Ghareb wind farm begins operations: <\/strong>A consortium including Orascom Construction, Engie, Toyota Tsusho, and Eurus Energy has connected <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/46971357-5435-47b2-b6ba-15e2fc993580\/orascom-construction,-engie,-toyota-tsusho,-and-eurus-energy-kick-off-commercial-operations-at-ras-ghareb-wind-farm\" style=\"\" rel=\"noopener\">306 MW<\/a> of their 650 MW wind farm in Ras Ghareb to Egypt\u2019s national grid.<\/li>\n<\/ul>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/climate-change\/\">climate change<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/going-green\/\">going green<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/renewables\/\">renewables<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/un\/\">UN<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n\r\n                    <\/div>\r\n                <\/div>\r\n            <\/div>\r\n            <div class=\"wp-block-column\" style=\"flex-basis:19.8%\"><\/div>\r\n        <\/div>\r\n    <\/div>\r\n<\/div>\n<section id=\"658640\" class=\"issue-section \">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"calendar\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/01\/14\/658640\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-658640\" class=\"content-area-description single-story post-658640 post type-post status-publish format-standard hentry category-calendar wpautop entry\">\n\n\t\t\t<hr class=\"wp-block-separator has-text-color has-primary-color has-alpha-channel-opacity has-primary-background-color has-background is-style-wide\">\n\n\t\t<h2 class=\"wp-block-heading mt-0 has-primary-color has-text-color has-link-color has-normal-font-size\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\">\n\t\t\t<strong> CALENDAR<\/strong>\n\t\t<\/h2>\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">JANUARY<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">15 January (Wednesday): Launch of Egypt\u2019s first joint-stock ship waste management company in Port Said.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>18 January (Saturday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/soilspaces.com\/\" style=\"\">Soil Spaces launch event<\/a><\/span><span style=\"font-weight:400;\">, Mivida, New Cairo<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>20-24 January (Monday-Friday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.weforum.org\/meetings\/world-economic-forum-annual-meeting-2025\/\" style=\"\">World Economic Forum Annual Meeting<\/a><\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>23 January- 5 February (Thursday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid036NXCxdJnomTNzWG1jbMhxsSYPWYh7FVy5ffNFTdsUVN6xifNNABg68soTFzVSBcjl?__cft__[0]=AZWeLJlVCL_-_zRibrNRMK_kLvNKXsS2UIFaFsTB3R58YsCh-nOyp1G1-cJnTu1MUB3B8_HFk2_dcH8-5-zgkeCrtp5fppXrQhb-pOV2RVtm7IDqseApX3lf0NldEBzc5Q16HqbskSBwYpbs_eSuJftpmC2IhL4azkx0qOBNP4ASLpXj293Pt3XTyBNY-81Ow90&__tn__=%2CO%2CP-R\" style=\"\">Cairo International Book Fair<\/a><\/span><span style=\"font-weight:400;\">, Egypt International Exhibitions Center, Cairo<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">28 January (Tuesday): Nigeria to inaugurate the USD 5 bn Africa Energy Bank in Abuja <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">28-29 January (Tuesday-Wednesday): US Federal Reserve\u2019s Federal Open Market Committee meeting.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>Health Ministry finalizes <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/almalnews.com\/premium\/%d9%88%d8%b2%d9%8a%d8%b1-%d8%a7%d9%84%d8%b5%d8%ad%d8%a9-%d8%aa%d9%88%d9%82%d9%8a%d8%b9-%d8%a7%d9%84%d8%b9%d9%82%d9%88%d8%af-%d9%85%d8%b9-%d8%ac%d9%88%d8%b3%d8%aa%d8%a7%d9%81-%d8%b1%d9%88%d8%b3\/\" style=\"\">partnership<\/a><\/span><span style=\"font-weight:400;\"> with Gustave Roussy to operate Dar El Salam Hospital.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">CBE to launch InstaPay remittances for Egyptians abroad<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">Building permit applications in Egypt's new cities will go online<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\">Accor Group to open <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/bea8025f-3500-43b2-a52b-7fb163b6dca1\/hospitality-players%25e2%2580%2599-egp-50-bn-subsidized-loan-program-goes-live.-plus:-news-from-accor,-air-cairo,-somabay#:~:text=%232%2D%20Cairo%20will,Touristic%20Investments.\" style=\"\">Sofitel Cairo Downtown Nile<\/a><\/span><span style=\"\">, the world\u2019s largest Sofitel.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\">Egyptian National Railways to launch <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a5b18396-d29e-4fda-a993-159bb11cd9e1\/railway-authority-to-launch-tender-for-tanta-damietta-line-development-next-year#:~:text=ENR%20to%20launch,to%20the%20sources.\" style=\"\">tender for Tanta-Mansoura-Damietta railway line upgrades<\/a><\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\">Food products will <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0c63a1e3-9d75-4490-864e-ba087d245a77\/egypt-wants-to-localize-the-manufacture-of-12-products#:~:text=AND%2D%20Shaking%20up%20the%20F%26B%20sector%3A%20Food%20products%20will%20require%20food%20safety%20and%20validity%20certificates%20from%20the%20National%20Food%20Safety%20Authority%20(NFSA)%20starting%20January%202025.\" style=\"\">require food safety and validity certificates<\/a><\/span><span style=\"font-weight:400;\"> from the National Food Safety Authority (NFSA)<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.alarabiya.net\/aswaq\/exclusive\/2024\/12\/19\/%D8%A7%D9%84%D8%B3%D9%81%D9%8A%D8%B1-%D8%A7%D9%84%D8%A3%D9%84%D9%85%D8%A7%D9%86%D9%8A-%D9%84%D9%84%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9-%D9%85%D8%B3%D8%AA%D8%AB%D9%85%D8%B1%D9%88%D9%86-%D8%A3%D9%84%D9%85%D8%A7%D9%86-%D9%8A%D8%B2%D9%88%D8%B1%D9%86-%D9%85%D8%B5%D8%B1-%D9%81%D9%8A-%D9%8A%D9%86%D8%A7%D9%8A%D8%B1-%D9%88%D8%A3%D8%A8%D8%B1%D9%8A%D9%84-2025\" style=\"\">Bavarian Delegation<\/a><\/span><span style=\"font-weight:400;\"> visit to Egypt <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">FEBRUARY <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\">BP to bring the second well of its <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ac665409-aa60-44ba-83ae-d2d40e48071f\/bp-to-invest-usd-400-mn-in-two-new-wells.-plus:-agiba,-pickalbatros,-juba,-alexandria-port-authority,-el-araby-group,-carbon-credits\" style=\"\">Raven natural gas project online<\/a><\/span><span style=\"font-weight:400;\">, with additional production capacity expected.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>Orascom Pyramids Entertainment to bring total investments in the Pyramids Plateau to EGP 1.5 bn.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">Subscription period for Your Home in Egypt initiative opens.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">2 February: Energy Day Conference, Cairo, Egypt. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>17-19 February (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.egypes.com\/conferences\/technical-conference\/?utm_content=&CNAME=Enterprise%20Mea&CID=&utm_campaign=TC%20Speaker%20Announcement&utm_medium=email&utm_source=Adestra\" style=\"\">EGYPES Technical Conference<\/a><\/span><span style=\"font-weight:400;\">, Egypt International Exhibition Center, Cairo, Egypt. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">18-19 February (Saturday-Sunday): German-Egyptian Joint Economic Committee meetings, Cairo, Egypt <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">20 February (Thursday): Monetary Policy Committee's first meeting. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">MARCH <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>Arla Foods\u2019 <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/ent.news\/2025\/1\/593.pdf\" style=\"\">deadline<\/a><\/span><span> for Domty acquisition offer <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">Operation of phase one of the Amotope wind farm <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\">Alwaad Investment to inaugurate a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c5031e5a-8dff-46e0-bd09-d3c8e84310be\/zafarana-wind-farm-sale-pushed-back%3F-plus:-news-from-eastern-company,-rameda,-fawry#:~:text=%233%2D%20A%20new,the%20local%20market.\" style=\"\">new cold beverage plant<\/a><\/span><span style=\"font-weight:400;\"> with an annual production capacity of 14.5 mn units.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\">Al Ahly Sabbour to finalize <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0410565f-2df4-43e1-848d-263a4719dd75\/al-ahly-sabbour-plans-to-offer-up-to-a-25%2525-stake-on-the-egx\" style=\"\">preparations for its EGX listing<\/a><\/span><span style=\"font-weight:400;\">, offering 20-25% of its shares, with an advisor to be tapped in early 2025.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\">March-April 2025: The government plans to start <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/853171ea-6141-4c0e-ab99-26af50b09d5d\/%253cmark%253ecapital%253c%2Fmark%253e%253cmark%253e-gains%253c%2Fmark%253e-taxes-incoming-in-2025#:~:text=%231%2D%20Gov%E2%80%99t%20to%20collect%20capital%20gains%20tax%20starting%202025%3A%20The\" style=\"\">collecting taxes on capital gains from EGX transactions<\/a><\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">APRIL <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>Government begins talks <\/span><span style=\"font-weight:400;\">with EU on the second tranche of the of the EUR 5 bn concessional loans package<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.alarabiya.net\/aswaq\/exclusive\/2024\/12\/19\/%D8%A7%D9%84%D8%B3%D9%81%D9%8A%D8%B1-%D8%A7%D9%84%D8%A3%D9%84%D9%85%D8%A7%D9%86%D9%8A-%D9%84%D9%84%D8%B9%D8%B1%D8%A8%D9%8A%D8%A9-%D9%85%D8%B3%D8%AA%D8%AB%D9%85%D8%B1%D9%88%D9%86-%D8%A3%D9%84%D9%85%D8%A7%D9%86-%D9%8A%D8%B2%D9%88%D8%B1%D9%86-%D9%85%D8%B5%D8%B1-%D9%81%D9%8A-%D9%8A%D9%86%D8%A7%D9%8A%D8%B1-%D9%88%D8%A3%D8%A8%D8%B1%D9%8A%D9%84-2025\" style=\"\">Saxony Delegation<\/a><\/span><span style=\"font-weight:400;\"> visit to Egypt.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\">Egypt to launch trial operations of the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/4bb189ba-8a2b-4095-a555-fe8304a1b252#:~:text=Egypt%2DSaudi%20electricity%20interconnection%20set%20to%20launch\" style=\"\">first phase of its USD 1.8 bn Egypt-Saudi electricity interconnection project<\/a><\/span><span style=\"font-weight:400;\">, ahead of schedule<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/25529e2f-6b21-4444-b88c-dc0b93cf0b1d#:~:text=Tahya%20Misr%201%20container,in%202027%2C%20Madbouly%20added.\" style=\"\">Tahya Misr 1 container terminal to begin operations<\/a><\/span><span style=\"font-weight:400;\">, adding 3.5 mn container capacity to the port.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>7-9 April (Monday-Wednesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/narrativesummit.com\/%20PR%20Summit%20Launches%20its%209th%20Edition%20in%20the%20Red%20Sea\" style=\"\">Narrative PR Summit<\/a><\/span><span style=\"font-weight:400;\"> launches 9th edition, Red Sea<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">7-10 April (Monday-Thursday): EFG Hermes One on One conference, Dubai, UAE <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">17 April (Thursday): Monetary Policy Committee\u2019s second meeting.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">28-30 April (Monday-Wednesday): FDC Regional Digital Industry Summit will launch cybersecurity index.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">MAY <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">22 May (Thursday): Monetary Policy Committee\u2019s third meeting.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">Egyptian Exporters Association (Expolink) exhibition, Italy<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">French rolling stock manufacturer Alstom will submit technical and financial bids for Cairo Metro Line 6 <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">JUNE<\/span> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\">June 2025: MPs approve<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c8403a52-d1a1-4538-9174-5628aafc0aaa\/egypt-wants-to-attract-usd-4-bn-in-renewable-investments-next-year#:~:text=%231%2D%20MPs%20approve%20amendments%20to%20tax%20dispute%20resolution%3A\" style=\"\">extension of tax dispute resolution window until 30 June 2025<\/a><\/span><span style=\"font-weight:400;\">, with potential for further extension<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\">June 2025: Nissan and Honda finalise talks about <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3acbf07a-b62d-4bfc-9831-0ee12e3f5947\/honda,-nissan,-and-mitsubishi-eye-potential-usd-58-bn-merger-amid-rising-ev-competition%5C\" style=\"\">possible merger to create the world\u2019s third largest automobile company<\/a><\/span><span style=\"font-weight:400;\"> by sales. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\">June 2025:<\/span> <span style=\"\">Coficab to complete its <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3b26ecf0-9b2a-4737-9048-f6ff0830719c\/madbouly-cabinet-approves-redrafted-labor-act-during-its-weekly-meeting#:~:text=%234%2D%20And%20another%20one%20for%20Coficab%3A%20Cabinet%20also%20approved\" style=\"\">USD 88 mn automotive cable and electrical factory<\/a><\/span><span style=\"font-weight:400;\"> in Tenth of Ramadan City <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">JULY <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">10 July 2025 (Thursday): Monetary Policy Committee\u2019s fourth meeting.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">15-16 July 2025 (Tuesday-Wednesday): Egypt Mining Forum.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">July 2025: The first operational trail of Egypt-KSA electricity interconnection line.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\">July 2025: Etihad Airways to launch <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/fc282ccf-4479-442d-b6ad-1bbf1f31f4b3\/halliburton-to-bring-four-wells-online-by-december.-plus:-news-from-medcom-aswan,-fra,-q-developments,#:~:text=%232%2D%20Etihad%20Airways%20launches%20flights%20to%20Alamein%3A%20UAE%E2%80%99s%20Etihad%20Airways%20will%20launch%20twice%2Dweekly%20flights%20to%20Alamein%20starting%20July%202025.\" style=\"\">twice-weekly flights to Alamein<\/a><\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\">July 2025: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/361907e6-fffa-41dc-a4f8-95ecd318388a\/israel-to-up-tamar-gas-exports-to-egypt-by-4-bn-cubic-meters-per-year-over-the-next-decade#:~:text=We%E2%80%99re,the%20Israeli%20outlet.\" style=\"\">Israel to begin increasing gas exports to Egypt from Chevron\u2019s offshore Tamar field<\/a><\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">AUGUST <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">28 August 2025 (Thursday): Monetary Policy Committee\u2019s fifth meeting.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>August 2025: Tourism Development Authority to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/5a9f59c5-87cd-41d0-a92d-546cb0333b03\/gov%25e2%2580%2599t-offers-up-seven-airport-investments#:~:text=%231%2D%20Tourism%20authority,the%20tourism%20sector.\" style=\"\">waive late payment penalties<\/a><\/span><span> for land purchases if full installments are paid<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">SEPTEMBER<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\">September 2025: Egypt Education Platform (EEP) to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e1e93e97-a640-4519-9bdc-69be48815b08\/education-platform-epp-wants-to-set-up-two-schools-in-alexandria-and-soma-bay-by%253cmark%253e-2025%253c%2Fmark%253e\" style=\"\">launch two new schools in Alexandria and Somabay<\/a><\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">September 2025:<\/span><span style=\"\"> Egypt Otsuka\u2019s <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/951a0387-415a-4039-83bb-955ab4e7a746\/otsuka-breaks-ground-on-new-usd-40-mn-factory-in-egypt\" style=\"\">nutritional products factory<\/a><\/span><span style=\"font-weight:400;\"> in Tenth of Ramadan to begin operations, with exports to Gulf countries expected by January 2026<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">OCTOBER<\/span> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">2 October 2025 (Thursday): Monetary Policy Committee\u2019s sixth meeting.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">NOVEMBER<\/span> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">20 November 2025 (Thursday): Monetary Policy Committee\u2019s seventh meeting.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700\">DECEMBER<\/span> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>25 December 2025 (Thursday): Monetary Policy Committee\u2019s eighth meeting.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\">December 2025: Taqa Arabia and Voltalia to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d3ee0dc0-c392-499e-bfd5-3d2ae4d554bb\/taqa-arabia-voltalia-consortium-and-the-uae%25e2%2580%2599s-alcazar-could-set-up-5.2-gw-worth-of-egyptian-renewables-projects\" style=\"\">complete studies for repowering the 545-MW Zafarana wind farm<\/a><\/span><span style=\"font-weight:400;\"> with 1.1 GW of wind and 2.1 GW of solar power<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">EVENTS WITH NO SET DATE<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\">Early 2025: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b0b97fcf-95b0-4d39-86ae-0a4989221520\/adq-acquires-development-rights-to-ras-el-hekma-for-usd-24-bn,-will-invest-a-further-usd-11-bn-in-real-estate-and-other-prime-projects\" style=\"\">ADQ to break ground on the development of Ras El Hekma<\/a><\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\">Early 2025: Al Ismaelia to begin working on <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b37e1b41-d466-4798-8101-be91fafecef6\/al-ismaelia-to-complete-two-new-downtown-hotels-by%253cmark%253e-2025%253c%2Fmark%253e.-plus:-egpc-goes-solar,-cib-%2B-ostuka,-noornation-%2B-kbw-ventures,-radwan,-rowan-university-heads-to-the-nac#:~:text=Al%20Ismaelia%20has,2025%2C%20Shafei%20added.\" style=\"\">two new hotels and hotel apartments in Downtown Cairo<\/a><\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">Early 2025: The Communications Ministry will unveil the second edition of its national AI strategy in early 2025<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\">Early 2025: The Suez Canal Authority to launch <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0f20e8b9-2a88-4d84-9c4c-cbb7083d24eb\/imf-trims-egypt%25e2%2580%2599s-growth-outlook#:~:text=We%20have%20a,earmarked%20for%20privatization.\" style=\"\">an IPO for the Canal Company for Mooring and Lights<\/a><\/span><span style=\"font-weight:400;\"> (CCML) on the EGX.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\">Early 2025: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e62aec66-2613-4f71-9123-22586a5cce98\/al-safy-to-invest-usd-80-mn-to-develop-its-television,-smartphone-production-lines.-plus:-exeed,-mineral-resources-authority,-raya-holding-%2B-helios,-ict-misr,-orange-egypt#:~:text=Orange%20Egypt%20pencils,services%2C%20he%20added.\" style=\"\">Orange Egypt to launch 5G services<\/a><\/span><span style=\"font-weight:400;\">, with EGP 10 bn planned for network upgrades.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\">Early 2025: BP to begin drilling at the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0cac749b-5323-4523-afd4-ba3bf8f3ba46\" style=\"\">King Mariout Offshore<\/a><\/span><span style=\"font-weight:400;\"> concession.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\">Early 2025: Jinbei Royal Egypt to begin <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3cba7dcd-b25c-4d88-9138-43dd0522d390\/chinese-automaker-jinbei-to-launch-local-assembly-through-its-local-agent\" style=\"\">local assembly of 3k Jinbei vehicles<\/a><\/span><span style=\"\">, including the country\u2019s first electric cargo van and microbus<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>1Q 2025: The <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/permalink.php?story_fbid=pfbid025sMRLrhcNpivREmMd3LhFUkW4P5Yv4fKpqtKEu5sg9HmkSaBvkA4cszq6mVRBUbbl&id=61562245173260\" style=\"\">Egyptian-Italian business forum<\/a><\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">1Q 2025: Investment Minister Hassan El Khatib to visit Italy<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">1Q 2025: Eipico\u2019s biopharma plant to begin operations<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">1Q 2025: Finance Ministry to launch public consultations on its tax policy document<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\">1Q 2025: Egypt to sign trade <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1d75eae1-5784-4b33-b5cd-166686c5eb59\/egypt-to-ink-agreements-with-bahrain,-uae-to-cut-customs-clearance-time#:~:text=Egypt%20to%20sign%20trade%20agreements%20with%20Bahrain%20and%20UAE%20to%20cut%20customs\" style=\"\">agreements<\/a><\/span><span style=\"font-weight:400;\"> with Bahrain and UAE to slash customs clearance times<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\">1Q 2025: Government to launch <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f8a63b78-cc61-4e81-ba01-aeac0b96e5e4\/halliburton-could-invest-more-in-egypt%25e2%2580%2599s-energy-sector#:~:text=The%20government%20is%20set%20to%20launch%20a%20EUR%20271%20mn%20green%20industry%20program%20in\" style=\"\">EUR 271 mn green industry program<\/a><\/span><span style=\"font-weight:400;\"> to cut emissions<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\">1Q 2025: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/87b399ed-19f9-4ab0-a6f7-b1bcf5897fb8\/egypt-rejects-reports-it-asked-imf-to-up-its-next-loan-trance-by-an-extra-usd-700-mn#:~:text=%232%2D%20Egypt%2DAzerbaijan%20joint%20committee%20to%20meet%20in%201Q\" style=\"\">Egypt-Azerbaijan joint committee<\/a><\/span><span style=\"font-weight:400;\"> to meet to bolster trade and investment ties <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\">1Q 2025: Turkish Automotive Manufacturers Association and <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c8403a52-d1a1-4538-9174-5628aafc0aaa\/egypt-wants-to-attract-usd-4-bn-in-renewable-investments-next-year#:~:text=Turkish%20auto%20and,ministry%20statement.\" style=\"\">Turkish Contractors Association to visit Egypt<\/a><\/span><span style=\"font-weight:400;\"> following an invitation from the Investment Minister<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\">1Q 2025: One of four companies, including Abu Qir Fertilizers, Mopco, Egyptian Petrochemicals Holding Company, and a Saudi-affiliated firm, to be selected for the USD 450 mn <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1da96967-4d91-4b80-a568-ed44adb745ba\/companies-line-up-to-revive-delta-fertilizers\" style=\"\">redevelopment of Delta Fertilizers<\/a><\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\">1Q 2025: GV Auto to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/4a7352ec-4728-4d25-996c-f388b1e738c9\/egypt-to-start-manufacturing-faw-evs-in-less-than-a-year.-plus:-pharma,-commodities,-telecom-news\" style=\"\">begin local production of FAW Group\u2019s cheapest EV<\/a><\/span><span style=\"font-weight:400;\"> model.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">1Q 2025: Alkan Auto to launch BAIC subsidiary Arcfox\u2019s EVs to the market.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\">1Q 2025: Dynamic Distribution to launch a new <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/88db01cc-18d1-4f8d-a925-4d8594715f56\/electricity-ministry-sets-offtake-prices-for-stored-solar-energy.-plus:-knauf-%2B-hassan-allam-construction,-siemens,-dynamic-distribution,-aton#:~:text=Dynamic%20to%20open%20Fiat%27s%20largest%20regional%20service%20center%3A\" style=\"\">competitively-priced Fiat model<\/a><\/span><span style=\"font-weight:400;\"> in Egypt.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\">1Q 2025: BP to drill <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/05de06d7-c056-4645-86e6-cceb7c1ce879\/aton-resources-to-launch-gold-extracting-and-processing-facility-in-2026.-plus:%253cmark%253e-bp%253c%2Fmark%253e-to-drill-two-new-wells,-sabbour-consulting-expands-to-ksa,-british-council-promotes-inclusion#:~:text=BP%20to%20drill%20two%20more%20exploratory%20wells%20in%20January%3A%20Global%20energy%20giant%20BP%20is\" style=\"\">two USD 160 mn exploratory gas wells<\/a><\/span><span style=\"font-weight:400;\"> in the West Delta.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\">1Q 2025: Port Said for Engineering Works to begin construction on a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/6da06cef-ea3c-4e34-9f11-2034609a68d3\/port-said-for-engineering-works-to-build-usd-80-mn-foil-factory.-plus:-turkish,-chinese-investors-invest-usd-50-mn-in-sanitary-ware-production-in-egypt\" style=\"\">USD 80 mn aluminum foil factory in the SCZone<\/a><\/span><span style=\"font-weight:400;\">, targeting initial production of 60k tons annually.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\">1Q 2025: Pearl Polyurethane Systems to start production at its <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/56ae4329-b447-4bbd-b1b0-ae90c9330db6\/sidpec-to-set-up-a-usd-159-mn-sodium-cyanide-factory-%2B-dp-world-to-look-into-setting-up-a-freezone-in-the-new-capital#:~:text=SCZone%20gets%20ready,SCZone%20statement.\" style=\"\">EGP 100 mn polyurethane factory<\/a><\/span><span style=\"font-weight:400;\"> in the Sokhna Industrial Zone. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\">1Q 2025: Sumitomo Electric to officially open its <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/962993c1-2504-430b-9f5d-09027411fa61\/sumitomo-electric%25e2%2580%2599s-pigtail-cable-factory-in-tenth-of-ramadan-nears-completion\" style=\"\">EUR 22 mn cable factory<\/a><\/span><span style=\"font-weight:400;\"> in Tenth of Ramadan, with production set to begin next month.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\">1Q 2025: Construction of the USD 600 mn <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/6523d5c2-e366-4988-bfcf-4cf598a91930\/oil-ministry-is-setting-up-a-usd-600-mn-gas-treatment-facility\" style=\"\">natural gas treatment plant<\/a><\/span><span style=\"font-weight:400;\"> in the Western Desert\u2019s Meleiha concession to wrap up, followed by a pilot run. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\">1Q 2025: El Araby Group and Sharp to break ground on a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7a77853a-daaa-42d7-af8b-f42a53d40b66\/el-araby-inks-usd-50-mn-agreement-with-sharp-to-produce-fridges-and-freezers\" style=\"\">USD 50 mn fridge and freezer manufacturing plant<\/a><\/span><span style=\"font-weight:400;\"> in the Quweisna zone.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\">1Q 2025: Hangzhou Henneway Travel Goods to begin production at its <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/5e56b963-e052-4cf2-a077-18e50a880511\/chinese-luggage-company-inks-agreement-for-usd-50-mn-factory\" style=\"\">USD 50 mn factory<\/a><\/span><span style=\"font-weight:400;\"> in the West Qantara Industrial Zone<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"\">1Q 2025: BP to drill <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/05de06d7-c056-4645-86e6-cceb7c1ce879\/aton-resources-to-launch-gold-extracting-and-processing-facility-in-2026.-plus:%253cmark%253e-bp%253c%2Fmark%253e-to-drill-two-new-wells,-sabbour-consulting-expands-to-ksa,-british-council-promotes-inclusion#:~:text=BP%20to%20drill%20two%20more%20exploratory%20wells%20in%20January%3A%20Global%20energy%20giant%20BP%20is\" style=\"\">two USD 160 mn exploratory gas wells<\/a><\/span><span style=\"font-weight:400;\"> in the West Delta<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">Mid-2025: EGX launches sustainability index.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">2Q 2025: Financial Regulatory Authority (FRA) to introduce derivatives on the EGX <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">2Q 2025: Safaga Terminal 2 to start operations<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">2Q 2025: Hassan Allam to build infrastructure for AD Ports' Noatum terminal at Safaga<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">2Q 2025: Hassan Allam to build infrastructure for AD Ports' Noatum terminal at Safaga<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">2Q 2025: EgyptSat Auto to start production at its EV factory in Tenth of Ramadan City<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>1H 2025: EGX launches a sharia-compliant sustainability index.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">1H 2025: Digital Financial Identity Company will launch an electronic bank account opening service<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>1H 2025: The <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02tdh3mCYLosumerUCfcCf7RCRxvRXhtoPBVL5A2E1CaL75iy68qTmstXJiGw2hMt6l\" style=\"\">Egyptian-US Investment Forum<\/a><\/span><span style=\"font-weight:400;\">.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">1H 2025: The Egyptian Mineral Resources Authority will relaunch a global tender for gold exploration through Shalateen Mineral Resources company.    <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"\">1H 2025: Internal Trade Development Authority (ITDA) to establish<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3422acfc-009b-4e39-99fa-3a58603a1bae\/house-approves-usd-2-bn-loan-for-finmin#:~:text=2%2D%20Four%20new%20logistics%20zones%20in%20the%20making%3A%20The%20Supply%20Ministry%E2%80%99s%20Internal\" style=\"\">four logistics zones<\/a><\/span><span style=\"\"> with EGP 18-20 bn investments<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"\">1H 2025: Internal Trade Development Authority (ITDA) to establish<\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3422acfc-009b-4e39-99fa-3a58603a1bae\/house-approves-usd-2-bn-loan-for-finmin#:~:text=2%2D%20Four%20new%20logistics%20zones%20in%20the%20making%3A%20The%20Supply%20Ministry%E2%80%99s%20Internal\" style=\"\">four logistics zones<\/a><\/span><span style=\"font-weight:400;\"> with EGP 18-20 bn investments<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">1H 2025: Natco to launch Chinese firm Neta Auto\u2019s EV models.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"\">1H 2025: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/4543d21b-4d45-49bd-ac07-3d302969741c\/oci-offloads-methanol-interests-to-methanex-for-usd-2.05-bn\" style=\"\">OCI Global to complete the sale of its entire methanol business<\/a><\/span><span style=\"font-weight:400;\"> to Methanex for USD 2.05 bn.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">1H 2025: Egypt and the UAE to begin construction of a USD 3 bn petroleum logistics zone at Al Hamra Port<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"\">1H 2025: HoldiPharma to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b01f6216-3da7-4129-96a2-2204c796e9d3\/misr-pharma-and-cid-offerings-are-planned-for-1h%253cmark%253e-2025%253c%2Fmark%253e#:~:text=%232%2D%20More%20information%20on%20the%20planned%20Misr%20Pharma%20and%20CID%20offerings%3A%20State%2D\" style=\"\">list 25-30% stakes<\/a><\/span><span style=\"font-weight:400;\"> in Misr Pharma and Chemical Industries Development (CID) on the EGX<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"\">1H 2025: Korra Energi to list up to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/6342f21e-1531-4a03-875f-54c4faa3cbb1\/korra-energi-to-offer-up-to-20%2525-of-company-in-upcoming-ipo\" style=\"\">20% stake<\/a><\/span><span style=\"font-weight:400;\"> on the EGX<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"\">1H 2025: Smart Villages Development and Management Company plans to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f8f50890-ed5a-4eda-b5a4-001f5792b427\/a-shot-at-tax-system-simplification#:~:text=The%20EGX%20could,in%20west%20Cairo.\" style=\"\">list 30-35% of its shares<\/a><\/span><span style=\"font-weight:400;\"> on the EGX<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"\">1H 2025: Halliburton to bring <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f8a63b78-cc61-4e81-ba01-aeac0b96e5e4\/halliburton-could-invest-more-in-egypt%25e2%2580%2599s-energy-sector\" style=\"\">three gas wells<\/a><\/span><span style=\"font-weight:400;\"> online as part of the Burullus project.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"\">1H 2025: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2e5e8e38-c790-4c52-8397-24915e148e0b\/chevron-to-start-nargis-gas-production-in%253cmark%253e-2025%253c%2Fmark%253e.-plus:-redcon-%2B-compass,-paysky-has-big-plans,-new-administrative-capital-construction#:~:text=Chevron%20to%20kick,the%20source%20added.\" style=\"\">Chevron to begin gas production from the offshore Nargis gas field<\/a><\/span><span style=\"font-weight:400;\">, initially producing 600 mn cf.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"\">1H 2025: Nile Recycling to launch USD 20 mn <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f84fed16-43df-4cc8-a703-c354b04f2a7e\/vodafone-egypt,-telecom-egypt-ink-egp-30-bn-worth-of-infrastructure-services,-5g-agreements#:~:text=%231%2D%20Nile%20Recycling%20to%20build%20USD%2020%20mn%20plastic%20recycling\" style=\"\">PET recycling facility in Ain Sokhna<\/a><\/span><span style=\"font-weight:400;\">, targeting an annual capacity of 22k tons and reducing carbon emissions by 40k tons<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"\">3Q 2025: AMEA Power to bring 500 MW <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/399add70-be7a-4dd4-b41f-4802af3be0c6\/khalda-petroleum-has-a-usd-70-mn-diesel-project-brewing.-plus:-news-from-amea-power,-hhd,-delta-sugar,#:~:text=Some%20500%20MW,in%203Q%202025.\" style=\"\">Amunet wind farm online<\/a><\/span><span style=\"font-weight:400;\"> in Ras Ghareb<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">4Q 2025: Abou Ghaly Motors to introduce the Subaru Solterra to the market<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"\">4Q 2025: Two new projects in food manufacturing and home textiles to begin operations in the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c09fb4bb-a77b-4cf7-8f57-6f69132950a7\/qantara-west-industrial-zone-to-welcome-two-new-projects-with-investments-of-usd-38-mn\" style=\"\">Qantara West Industrial Zone<\/a><\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"\">2H 2025: National Printing Company to make its <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1d75eae1-5784-4b33-b5cd-166686c5eb59\/egypt-to-ink-agreements-with-bahrain,-uae-to-cut-customs-clearance-time#:~:text=The%20National%20Printing%20Company%20(NAPR)%20will%20make%20its%20EGX%20debut%20in%202H%202025%2C\" style=\"\">EGX debut<\/a><\/span><span style=\"font-weight:400;\"> after delayed IPO plans<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"\">2H 2025: Tabarak Holding to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ad884254-66d2-45cf-ada4-612e88318194\/real-estate-player-tabarak-holding-to-ipo-on-the-egx-by-2h%253cmark%253e-2025%253c%2Fmark%253e\" style=\"\">list 30% of its shares<\/a><\/span><span style=\"font-weight:400;\"> on the EGX<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"\">2H 2025: Turkish apparel company Denim Rise to open a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/81933db7-0301-4bdb-8a9c-3ddaceb7c3c4\/turkish-denim-manufacturer-to-invest-usd-8.8-mn-in-sczone\" style=\"\">garment manufacturing facility<\/a><\/span> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"\">2H 2024: Hi-Tech Apparel to break ground on a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d37e6527-1e8b-450d-a371-68e38a2907c9\/chinese-usd-146-mn-iron-pipes-factory-breaks-ground.-plus:-a-thai-usd-20-mn-sportswear-factory-in-the-works,-egp-100-mn-home-appliances-factory-for-egypt%25e2%2580%2599s-tredco#:~:text=%232%2D%20Thai%20investors,create%201.5k%20jobs.\" style=\"\">USD 20 mn sportswear factory in the SCZone<\/a><\/span> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"\">2H 2025: Eni to drill <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/97c6012f-bce9-4cd3-a3da-a6e9fd62038e\/%253cmark%253eeni%253c%2Fmark%253e-to-drill-two-new-wells-in-zohr-in-2025#:~:text=Eni%20to%20up,the%20source%20added.\" style=\"\">two new wells in the Zohr field<\/a><\/span><span style=\"\"> with USD 160 mn in investments<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">Mid-2025: The Administrative Capital for Urban Developments to roll out the second phase of offering industrial plots to investors <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"\">Mid-2025: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/16483933-38e4-4434-a414-96ba8aa8f619\/el-nasr-auto-and-al-safy-group-form-auto-assembly-jv-with-usd-40-mn-in-initial-investments\" style=\"\">SN Automotive to launch three locally assembled models<\/a><\/span><span style=\"font-weight:400;\"> \u2014 one electric and two gasoline-powered \u2014 in Egypt<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"\">Mid-2025: Suez\u2019s USD 1.8 bn <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e9e22e13-4792-4199-b649-bd30658bce2e\/egypt%25e2%2580%2599s-coal-and-diesel-production-complex-should-be-complete-next-year#:~:text=Suez%E2%80%99s%20USD%201.8,late%202021.\" style=\"\">coal and diesel production complex<\/a><\/span><span style=\"font-weight:400;\">, developed by Enppi and Petrojet, to be completed<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"\">Mid-2025: Wataneya and Safi to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/dea8e346-ad41-4501-829e-eb79835b9e95\/government-to-offer-up-stakes-in-ten-companies-to-strategic-investors-and--on-the-egx-in-2025\" style=\"\">debut on the EGX<\/a><\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"\">End of 2025: The <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c6b869cb-e868-4da4-9a22-1539fd12acbe\/the-lowdown-on-the-egypt-digital-industrial-platform\" style=\"\">Egypt Digital Industrial Platform will expand to include additional services<\/a><\/span><span style=\"font-weight:400;\"> for manufacturers, including the issuance of licenses, building permits, and industrial records<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"\">End of 2025: An unnamed Chinese company and the state-owned Arab Organization for Industrialization (AOI) to begin production at a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/70dd2612-1d8c-4f14-877e-802044a3b1d5\/egyptian-chinese-jv-to-set-up-usd-360-mn-tire-factory-in-the-sczone\" style=\"\">USD 360 mn tire factory<\/a><\/span><span style=\"font-weight:400;\"> in the SCZone.  <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"\">End of 2025: A consortium including Redcon Properties and Al Baraka Bank to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f0c3bd68-188f-4de9-a7f1-0e444921f13d\/ksa%25e2%2580%2599s-adeer-wants-to-set-up-a-real-estate-fund-in-egypt\" style=\"\">launch a local real estate investment fund<\/a><\/span><span style=\"font-weight:400;\"> with over EGP 1 bn in initial investments<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"\">Late 2025: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0945ad29-e1bb-4454-8668-1b8c99a6c110\/baron-to-invest-egp-3-bn-in-five-local-hotels-and-zanzibar-expansion-by-2026:-plus:-efg-hermes-%2B-maarif-education,-compass-capital-%2B-ci-capital,-green-coast,-edafa,-orascom-pyramids-entertainment,-bank-nxt-%2B-mindgate-solutions\" style=\"\">Baron Hotels<\/a><\/span><span style=\"font-weight:400;\"> to open a new hotel in Sharm El Sheikh and debut its first international property in Zanzibar with 150 luxury suites<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">2025: The InterAcademy Partnership assembly<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">2025: Nile Basin States Summit, Cairo, Egypt<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">2025: Release of the government\u2019s Startup Charter document <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"\">2025: Nafeza to integrate <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/bf0bae9c-1af3-4fb7-96f7-8cfc43d3287a\/smart-ports-aim-to-transform-egypt%25e2%2580%2599s-logistics-landscape#:~:text=The%20Nafeza%20platform%20%E2%80%94%20first%20launched%20in%202021%20%E2%80%94%20has\" style=\"\">air cargo into its digital customs platform<\/a><\/span><span style=\"font-weight:400;\">, further streamlining trade logistics<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"\">2025: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d8b265c6-c9d4-4808-bf41-94517026a6ab\/africa50-completes-42.9%2525-stake-acquisition-of-raya-data-center\" style=\"\">Africa50 completes 42.9% stake acquisition in Raya Data Centers<\/a><\/span><span style=\"font-weight:400;\"> for USD 15 mn to fund construction of a USD 35 mn Tier III data center.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"\">2025: MM Group for Industry and International Trade is set to launch <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/fc282ccf-4479-442d-b6ad-1bbf1f31f4b3\/halliburton-to-bring-four-wells-online-by-december.-plus:-news-from-medcom-aswan,-fra,-q-developments,#:~:text=%234%2D%20Sixteen%20new%20Tata%20car%20models%20to%20be%20launched%20next%20year%3A%20MM%20Group%20for%20Industry%20and%20International%20Trade%20is%20set%20to%20launch%2016%20new%20Tata%20vehicle%20models%20locally%20in%202025.\" style=\"\">16 new Tata vehicle models locally<\/a><\/span><span style=\"font-weight:400;\">. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"\">2025: China to issue <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9798b1a1-9b81-464d-956f-20a24da55fd1\/\" style=\"\">USD 411 bn in special treasury bonds<\/a><\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"\">2025: El Attal Holding to list <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1cdd96d5-8ef6-4807-9451-31498a70e53f\/fedcoc-calls-for-shops-to-open,-close-later-under-new-opening-hours#:~:text=%232%2D%20El%20Attal,end%20of%202024.\" style=\"\">30-35% of its shares<\/a><\/span><span style=\"font-weight:400;\"> on the EGX<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"\">2025: The Administrative Capital for Urban Development <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/c97e865a-fd8a-4b88-9383-9546964ca6fc\/the-cbe-is-meeting-today-%25e2%2580%2594-analysts-expect-rates-to-remain-unchanged#:~:text=%232%2D%20ACUD%20IPO,in%202Q%202024.\" style=\"\">(ACUD) to launch its EGX debut<\/a><\/span><span style=\"font-weight:400;\">, offering 5-10% of its shares.**<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"\">2025: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/13b15866-b6e1-4e27-97cd-61f38cacc5ed\/we%25e2%2580%2599ll-have-more-on-qalaa%25e2%2580%2599s-debt-buyback-soon#:~:text=%231%E2%80%93%20Basata%20to,other%20transactions%20remotely.\" style=\"\">Basata Holding for Financial Investments to offer 25% stake on the EGX<\/a><\/span><span style=\"font-weight:400;\"> as part of a plan to double its capital to EGP 1.4 bn.**<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"\">2025: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d78b3f97-3857-41cb-b9d9-e27388f70a29\/hilton-to-triple-its-presence-in-egypt-with-25-new-hotels-in-the-pipeline\" style=\"\">Hilton Cairo Nile Maadi to open early in the year<\/a><\/span><span style=\"font-weight:400;\">, alongside debuts of Tapestry Collection and Curio Collection by Hilton.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"\">2025: Palm Hills and Marriott to launch <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1a12028d-4ce5-44f1-8b64-01d4ca27863d\/al-mashat-meets-with-eu-delegation-to-discuss-unlocking-eur-1.8-bn-investment-guarantee-mechanism#:~:text=Palm%20Hills%20and%20Marriott%20to%20launch%20Ritz%2DCarlton\" style=\"\">The Ritz-Carlton Residences in West Cairo<\/a><\/span><span style=\"font-weight:400;\">, featuring 150 branded units across 45 acres<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"\">2025: Jaz Hotel Group to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/4f07f69a-6cf4-41ee-8ddf-a1e73b56af66\/jaz-hotel-group-to-invest-usd-215-mn-to-open-six-new-hotels-in%253cmark%253e-2025%253c%2Fmark%253e.-plus:-pickalbatros-expands-hotel-portfolio-across-morocco\" style=\"\">set up<\/a><\/span><span style=\"font-weight:400;\"> two new hotels in North Coast, two in Hurghada, and two in Marsa Alam <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"\">2025: Sunrise Resorts & Cruises to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/25e6ad3b-dbed-489a-87b2-f30662243a1f\/sunrise-resorts-&-cruises-plans-to-add-4k-hotel-rooms-in-2025\" style=\"\">add 4k hotel rooms to its hotels capacity<\/a><\/span><span style=\"font-weight:400;\">. <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"\">2025: Egyptian Petrochemicals Holding Company (ECHEM) to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8fd53fdc-ed59-4219-9f14-e3ab535b0640\/oil-ministry-gets-the-ball-rolling-on-usd-530-mn-sustainable-aviation-fuel-project\" style=\"\">complete studies and kick off production of Egypt\u2019s first sustainable aviation fuels<\/a><\/span><span style=\"font-weight:400;\"> (SAFs).<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"\">2025: Polaris Parks to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/7fde11b9-edfc-41b8-b607-2fc31f69ee22\/polaris-parks-to-invest-egp-10.5-bn-to-develop-two-new-industrial-parks\" style=\"\">begin development of the industrial park<\/a><\/span><span style=\"font-weight:400;\"> in New October City<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"\">2025: EgyptAlum to launch a <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1172e99e-6721-428e-bf34-f906d6339e94\/egypt%E2%80%99s-el-sisi-ratifies-unified-budget-act-amendments#:~:text=Misr%20Aluminum%20has%20a%20foil%20production%20line%20in%20the\" style=\"\">USD 100 mn foil production line<\/a><\/span><span style=\"font-weight:400;\"> with a 50k-ton annual capacity<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"\">2025: Honor to begin operations at its <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8b6adeb2-4542-420b-b461-22ebaca13fdb\/afdb-could-help-fund-our-1.1-gw-wind-farm.-plus:-news-from-ibn-sina,-palm-hills,-honor#:~:text=Honor%20could%20start,of%20its%20production.\" style=\"\">proposed smartphone manufacturing facility in Egypt<\/a><\/span><span style=\"font-weight:400;\">, with an initial investment of USD 10 mn<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"\">2025: Indorama and Phosphate Misr to begin implementation of the <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e61d001a-ad4a-4b9d-a77f-d7300a6fdeed\/we-have-a-usd-500-mn%253cmark%253e-fertilizer%253c%2Fmark%253e-plant-in-the-making.-plus:-fresh-oil-agreements,-investments#:~:text=%231%2D%20Pulse%20check,solar%20panel%20production.\" style=\"\">USD 400-500 mn phosphate fertilizers plant<\/a><\/span><span style=\"font-weight:400;\"> in Ain Sokhna<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"\">FY 2025-26: Egypt to issue its <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/ccb5878e-671d-4785-af66-d6daacf66e15\/egypt-to-issue-its-first-local-currency-sukuk-in-fy%253cmark%253e-2025%253c%2Fmark%253e-26\" style=\"\">first EGP-denominated sovereign sukuk<\/a><\/span><span style=\"font-weight:400;\"> to finance public investments outside the general budget<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"\">FY 2025-26: The government to begin <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/018eb8f0-33bb-4154-8315-01dd92a8f2db\/adq-will-lay-the-foundation-stone-for-its-ras-el-hekma-project-this-week#:~:text=%232%2D%20Gov%E2%80%99t%20to,%3A48).\" style=\"\">introducing cash-based subsidies<\/a><\/span><span style=\"font-weight:400;\"> on a trial basis in select areas of the country<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"\">2025-2027: EUR 4 bn in <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d11cb8b8-2a7d-4012-b98b-b9abd0e310f5\/eu-approves-the-disbursement-of-eur-1-bn-to-egypt\" style=\"\">concessional loans<\/a><\/span><span style=\"font-weight:400;\"> to follow as part of a EUR 7.4 bn package<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">2026<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.5;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">Baron Hotels to launch two hotels in Egypt with 950 rooms, followed by another with 750 rooms.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>May 2026: End of extension for developers on 15% interest rates for land installment payments <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">2027<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">20 January-7 February: Egypt to host the African Games<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:700;\">EVENTS WITH NO SET DATE<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">End of 2027: Trial operations at the Dabaa nuclear power plant expected to take place<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span style=\"font-weight:400;\">September 2028: First unit of the Dabaa nuclear power plant begins operations<\/span><\/p>\n\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"<p>Chinese dumping allegations | Raseedi acquires Kashat | Another textile factory in the works | Revamped Companies Act incoming<\/p>\n","protected":false},"featured_media":658613,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-658612","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"ba75f831-f688-4500-ae72-23b0beaf64c2","teaser":"Chinese dumping allegations | Raseedi acquires Kashat | Another textile factory in the works | Revamped Companies Act incoming","photo_url":"https:\/\/ent.news\/2024\/3\/2551.jpg"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>FinMin to release new 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