{"id":661421,"date":"2025-02-27T00:00:00","date_gmt":"2025-02-27T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=661421"},"modified":"2025-12-18T03:50:03","modified_gmt":"2025-12-18T03:50:03","slug":"govt-wants-the-sfe-to-take-over-all-state-owned-companies","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/govt-wants-the-sfe-to-take-over-all-state-owned-companies\/","title":{"rendered":"Gov\u2019t wants the SFE to take over all state-owned companies"},"content":{"rendered":"<section id=\"661423\" 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=\"661423\">\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\/02\/27\/govt-debt-declined-to-77-4-of-gdp-by-the-end-of-2024\/\">\r\n                            Egypt\u2019s government debt declined to 77.4% of GDP by the end of 2024                        <\/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\/02\/27\/govt-debt-declined-to-77-4-of-gdp-by-the-end-of-2024\/\" target=\"_blank\">\n                    Open in new tab       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data-attachment-id=\"661424\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/27\/govt-debt-declined-to-77-4-of-gdp-by-the-end-of-2024\/29-jpg-33\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/29.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"29.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/29.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/29.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-661423\" class=\"content-area-description single-story post-661423 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-debt tag-enterpriseam tag-what-were-tracking-today 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_27645\"\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\">\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\/2\/.9373d498-e03b-4c85-9fdd-c61c0d8da18d.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morn<\/strong><strong>ing, friends. <\/strong>Enjoy your final sips of morning coffee and breakfast bagels for some time as it\u2019s the last workday before we welcome Ramadan. <\/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- <\/strong>It\u2019s another cold day in Cairo, with a high of 20\u00b0C and a low of 11\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 as cold in Alexandria<\/strong>, with a high of 20\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>** 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=\"wwtt1\"><\/a> <strong>#1- <\/strong><strong>IFC, Madb<\/strong><strong>ouly government to agree on airport privatization plans by mid-March:<\/strong> The International Finance Corporation (IFC) is expected to reach an agreement with the Egyptian government on its privatization plan for the management of 11 airports by mid-March, <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/share\/p\/1FkYiH39hS\/\" style=\"\" rel=\"noopener\">Asharq Business<\/a> reports, citing Civil Aviation Minister Sameh Elhefny comments during a press conference. The first phase will see the IFC offer the Hurghada Airport, followed by Sphinx Airport. <\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Int\u2019l companies are eyeing our airports:<\/strong> Major global companies have expressed interest in managing Egyptian airports, according to Elhefny, including the three largest operators in Europe, he said. While Elhefny didn\u2019t name which companies were interested, Hassan Allam Holding and France\u2019s Groupe A\u00e9roports de Paris (ADP France) submitted a joint proposal in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/4b3571df-662a-4385-9c22-7d7d07800685\/hassan-allam-and-adp-france-submit-joint-proposal-to-manage-egyptian%253cmark%253e-airports%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">December<\/a> to manage and operate Egyptian airports.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Refresher:<\/strong> Reports revealed <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/4a54da40-b03b-4f9f-9436-508af962ec60\/ifc-to-complete-its-airport-privatization-plan-within-months\" style=\"\" rel=\"noopener\">earlier this month<\/a> that the IFC\u2019s full airport privatization plan should be out within the next six months. The plan will include the technical, financial, and legal specification to speed up the airport privatization process. This comes amid the government\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/4e94bb97-4820-4349-bc3a-d65afa8cdcb1\/egypt-looks-towards-airport-expansion,-smart-policy,-and-the-private-sector-to-support-its-ambitious-aviation-goals\" style=\"\" rel=\"noopener\">plans to invite private sector players<\/a>, including foreign companies, to take over the management of <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/43121952-657a-4e59-8072-8bcade900259\" style=\"\" rel=\"noopener\">all of Egypt\u2019s airports<\/a>.<\/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- Investment Minister Hassan El K<\/strong><strong>hatib is expected to finalize a trade agreement with <\/strong><strong>Morocco today to re<\/strong><strong>solve an <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/4a5e1949-35be-40b3-a104-68eec41d6125\/gov%25e2%2580%2599t-is-in-talks-with-moroccan-authorities-to-release-egyptian-exports-held-up-at-ports\" style=\"\" rel=\"noopener\">export standoff<\/a><\/strong> that has left 150 Egyptian containers \u2014 loaded with ceramics, food products, and insulation materials \u2014 stranded at Moroccan ports for two weeks, a government source told <a target=\"_blank\" href=\"https:\/\/www.alborsaanews.com\/2025\/02\/26\/1872171\" style=\"\" rel=\"noopener\">Al Borsa<\/a>. The agreement will reportedly be inked today during El Khatib\u2019s visit to Morocco. One proposed solution is for Egypt to increase imports of Moroccan goods to address a trade imbalance. <\/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>#3- <\/strong><strong>State-owned fertilizer producer Delta Fertilizers will no longer <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1da96967-4d91-4b80-a568-ed44adb745ba\/companies-line-up-to-revive%253cmark%253e-delta-fertilizers%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">be sold to<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1da96967-4d91-4b80-a568-ed44adb745ba\/companies-line-up-to-revive%253cmark%253e-delta-fertilizers%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">a strategic<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1da96967-4d91-4b80-a568-ed44adb745ba\/companies-line-up-to-revive%253cmark%253e-delta-fertilizers%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">investor<\/a><\/strong>, despite interest from five local and Gulf firms, unnamed sources told <a target=\"_blank\" href=\"https:\/\/www.alborsaanews.com\/2025\/02\/26\/1872145\" style=\"\" rel=\"noopener\">Al Borsa<\/a>. Its parent company Chemical Industries Holding had initially planned to use the sale proceeds to finance a long-overdue restructuring, but will now fund the upgrade through a mix of internal resources and bank loans.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s the plan now?<\/strong> Chemical Industries Holding plans to move forward with a phased rehabilitation of Delta Fertilizers, with the first phase expected to be completed this year at an initial cost of EUR 60 mn. The upgrade aims to boost production capacity to 1.2k tons of ammonia and 1.6k tons of urea. The full rehabilitation could cost between USD 350-450 mn, with advisory firm Baker Tilly conducting a detailed investment cost assessment.<\/p><p class=\"tag-border-left\">DATA POINT-<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt3\"><\/a> <strong>Egypt\u2019s government debt dec<\/strong><strong>lined to 77.4% of GDP by the end of 2024<\/strong>, down from 78.2% in September, marking its lowest level since March 2020, according to data from the Institute of International Finance seen by <a target=\"_blank\" href=\"https:\/\/x.com\/AlArabiyaBN_EG\/status\/1894658667154141684\" style=\"\" rel=\"noopener\">Al Arabiya<\/a>.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The gov\u2019t is set to have a busy year in the debt market:<\/strong> The Finance Ministry is planning to increase its local debt issuances for the fourth quarter of the current fiscal year to approximately EGP 1.8 tn, up from EGP 1.6 tn, as the government looks to meet obligations for one-year debt maturities that were issued since last March, a government official told EnterpriseAM.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Meanwhile, more debt issuances are incoming:<\/strong> The Finance Ministry is gearing up to complete its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/10f896f2-ceaf-4d73-8314-128089de9cc8\/egypt-to-complete-egp-2-3-bn-sukuk-issuance-within-a-month\" style=\"\" rel=\"noopener\">first sovereign sukuk issuance<\/a> of the year within the next month, with the issuance set to be around EGP 2-3 bn, a government official told EnterpriseAM earlier this week. The ministry is also looking to tap international debt markets with a USD 1.5 bn sukuk issuance during the final quarter of the current fiscal year, along with plans to issue between <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3930eebd-fc5a-4bc7-b7a3-5960ba471fc1\/egypt-to-return-to-international-debt-markets-as-soon-as-next-month%3F\" style=\"\" rel=\"noopener\">USD 1-1.5 bn worth of green bonds or eurobonds<\/a> and its first <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e85fd218-3cec-40ff-a232-8becdb810dd4\/egypt-re-enters-global-debt-market-with-usd-2-bn-eurobond-issuance\" style=\"\" rel=\"noopener\">social bonds<\/a> in 4Q 2025.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Moving forward: <\/strong>Extending debt maturities represents a key tool for the government to ease the annual debt burden and reduce debt service payments, our source said. This entails gradually replacing short-term debt with longer-term, coupled with the reintroduction of zero-coupon bonds, whose returns are paid at maturity. <\/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\">CIRCLE YOUR CALENDAR- <\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt4\"><\/a> <strong>Kuw<\/strong><strong>aiti Prime Minister Sheikh Ahmed Al Sabah <\/strong><strong>will visit soon <\/strong>to announce new joint investment projects, Prime Minister Moustafa Madbouly <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid024MFqQJ13YUkMnZ4hjKK9BKhguHmmCsbMAb5Dm3eRVKM7xMyxdpUtz9CYaHi9y5Sml?rdid=bpQ2I3XBhfcslhlc#\" style=\"\" rel=\"noopener\">said<\/a> during his weekly presser yesterday. The visit would follow Madbouly\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/23c012a6-56cc-41a4-b316-eff2cb983dbd\/madbouly-discusses-potential-investments-during-visit-to%253cmark%253e-kuwait%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">recent visit<\/a> to Kuwait where he touted potential investments.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/\" style=\"\" rel=\"noopener\">Check out our full calendar on the web<\/a><\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p><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>Nvidia posts strong gains: <\/strong>The US chipmaking giant\u2019s earnings report saw revenues rise 79% y-o-y to USD 38.3 bn in 4Q 2024, leading full-year earnings to <a target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2025\/02\/26\/nvidia-nvda-earnings-report-q4-2025.html\" style=\"\" rel=\"noopener\">more than double<\/a> to reach USD 130.5 bn, exceeding analyst expectations. CEO Jensen Huang <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/d634d069-e945-49d8-823c-953ed6c6d278\" style=\"\" rel=\"noopener\">dismissed concerns<\/a> of Chinese AI startup DeepSeek\u2019s claims affecting the company\u2019s performance, touting \u201camazing\u201d demand for high-end chips.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>CLOSER TO HOME- <\/strong>Hamas and Israel <a target=\"_blank\" href=\"https:\/\/www.aljazeera.com\/news\/liveblog\/2025\/2\/26\/live-hamas-says-deal-reached-to-end-israeli-delay-israel-bombs-syria\" style=\"\" rel=\"noopener\">exchanged<\/a> four dead Israelis for 642 Palestinian captives early this morning, days before the first phase of the fragile Gaza ceasefire is set to end. Meanwhile, US Special Envoy to the Middle East Steve Witkoff said <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-02-26\/witkoff-says-summit-of-developers-will-convene-on-gaza-future\" style=\"\" rel=\"noopener\">a \u201csummit\u201d of regional real estate developers and planners<\/a> will be held soon to discuss Trump\u2019s forcible displacement plan.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u201cI think when people see some of the ideas that come from this, they\u2019re going to be amazed,\u201d<\/strong> Witkoff said, without providing further details.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- We might start looking elsewhere for Trump coverage: <\/strong>The White House <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/us\/white-house-bars-ap-reuters-other-media-covering-trump-cabinet-meeting-2025-02-26\/\" style=\"\" rel=\"noopener\">denied reporters<\/a> from Reuters, Associated Press and other news outlets from covering the US President\u2019s first cabinet meeting held yesterday. The new policy, announced Tuesday, will see the Trump administration pick and choose who is allowed to cover events in \u201csmaller spaces,\u201d including the Oval Office.<\/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\/debt\/\">debt<\/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=\"661425 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=\"661425\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/27\/661425\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-661425\" class=\"content-area-description single-story post-661425 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\/2\/2468.jpg?ssl=1\"><\/a><\/span><\/p><div class=\"grouped-tags\">\n<p><span style=\"font-weight:400;\">Ramadan Kareem from Somabay.<\/span><\/p>\n<p><span style=\"font-weight:400;\">Wishing you a month filled with serenity, peacefulness, and joy with your loved ones.<\/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=\"661426\" 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=\"661426\">\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\">Privatization<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/27\/madbouly-govt-wants-its-sovereign-wealth-fund-to-take-charge-of-state-owned-enterprises\/\">\r\n                            Madbouly gov\u2019t wants its sovereign wealth fund to take charge of state-owned enterprises                        <\/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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data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2651.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2651.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2651.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2651.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-661426\" class=\"content-area-description single-story post-661426 post type-post status-publish format-standard has-post-thumbnail hentry category-privatization-watch tag-enterpriseam tag-hassan-el-khatib tag-investment-ministry tag-privatization-watch tag-sovereign-fund-of-egypt 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\/2\/.45cc822b-f45b-4267-ba45-8ffdb86ac084.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>All state-owned companies under the SFE?<\/strong> The Madbouly government is aiming to transfer the administration of all state-owned companies to the Sovereign Fund of Egypt (SFE) in order to boost their returns, Investment Minister Hassan El Khatib <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/africa\/egypt-wants-move-state-owned-enterprises-its-sovereign-wealth-fund-minister-says-2025-02-26\/\" style=\"\" rel=\"noopener\">said<\/a> during his participation in the Investopia 2025 conference in Abu Dhabi yesterday.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>You heard right \u2014 all of them:<\/strong> \u201cI want to move the state-owned enterprises in batches to the [sovereign wealth] fund to manage, to maximize the return on, say, state assets,\u201d El Khatib said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The plan:<\/strong> SFE\u2019s role will focus on attracting private players and potentially going public with the companies. \u201cI see we have a lot of good companies. As we move them, get the private sector to run them, have the proper governance, partner with the private sector, list in some cases,\u201d El Khatib said, \u201cthe perception of the [SFE] will be maximization of yield on the return value and the valuation.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>El Khatib has long advocated a balanced approach to state enterprises:<\/strong> El Khatib has made clear that his approach to state enterprises centers around maximizing returns \u2014 rather than divesting stakes for cash \u2014 ever since the SFE was moved under his control last year. El Khatib noted at the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/50c72681-4395-4534-a776-55c4311ff798\/investment-and-foreign-trade-minister-hassan-el-khatib-joins-us-at-the-enterpriseam-finance-forum\" style=\"\" rel=\"noopener\">EnterpriseAM Finance Forum<\/a> last year that he\u2019s \u201cnot fixed on privatization,\u201d explaining that he instead approaches the topic as \u201can investor.\u201d El Khatib elaborated that instead of selling assets quickly and cheaply, he wants \u201cto talk about maximizing their value and the returns we get for them, move them to a sovereign wealth fund, have them be run by the private sector, and monetize them to generate more value.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Remember:<\/strong> El Khatib was appointed to head of the SFE in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8b50c109-77f1-42c3-abff-9d28ae79b61b\/investment-minister-hassan-el-khaitb-will-manage-the-sfe-following-legislative-amendments\" style=\"\" rel=\"noopener\">October<\/a>, after Prime Minister Moustafa Madbouly issued a decision that places the fund under the control of whoever is heading the Investment Ministry. The move comes alongside efforts to better align the SFE with the objectives and actions of the cabinet by placing it more firmly under cabinet control, and to signal a change in approach from the SFE toward attracting investment from abroad.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Pulse check on the privatization program: <\/strong>The Madbouly government <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/bcbef381-0193-4c73-9062-44a9de550839\" style=\"\" rel=\"noopener\">is looking to sell<\/a> stakes in ten state-owned companies this year via private placements to strategic investors and stake sales on the EGX.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">ALSO FROM EL KHATIB\u2019S TIME IN UAE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>During his time in Abu Dhabi, El Khatib met with representatives from 50 multinational <\/strong><strong>firms<\/strong> to present Egypt\u2019s investment reforms, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/permalink.php?story_fbid=pfbid0UUEpbh4BPkFFAgBimQfNrXcPM4MA2ci2Gv3BpKWyMTiBgPHq52tAY8JdR3Vs3jn5l&id=61562245173260\" style=\"\" rel=\"noopener\">statement<\/a>. He outlined ongoing fiscal, monetary, and trade policy adjustments, along with state ownership reforms aimed at easing business operations and attracting foreign capital. Companies expressed interest in expanding into Egypt\u2019s healthcare, retail, and industrial sectors. <\/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\/hassan-el-khatib\/\">Hassan El Khatib<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/investment-ministry\/\">investment ministry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/privatization-watch\/\">privatization watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" 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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=\"661429\">\r\n            \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\">Economy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/27\/kouchouk-announces-egp-85-bn-package-of-wage-and-pension-hikes\/\">\r\n                            Kouchouk announces EGP 85 bn package of wage and pension hikes                        <\/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\" 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    \r\n                <\/div>\r\n\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/27\/kouchouk-announces-egp-85-bn-package-of-wage-and-pension-hikes\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2649.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"661430\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/27\/kouchouk-announces-egp-85-bn-package-of-wage-and-pension-hikes\/2649-jpg-3\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2649.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2649.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2649.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2649.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-661429\" class=\"content-area-description single-story post-661429 post type-post status-publish format-standard has-post-thumbnail hentry category-economy tag-ahmed-kouchouk tag-economy tag-enterpriseam tag-moustafa-madbouly tag-social-welfare 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\/2\/.4c5e778e-cbcd-46d8-9c3d-7a05953cba3a.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Kouchouk lays out the details of the new social protection package: <\/strong>Finance Minister Ahmed Kouchouk <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0ateRQ2LkyNeGHEKmq2YFXdmCiDs3uYwyPqWzPenRY4VmTLV7STH9JC1DGvRVVx8Jl?rdid=aaJyZ9yGupoVgfPP#\" style=\"\" rel=\"noopener\">shared the details<\/a> of the government\u2019s long-awaited social protection package of wage and pension hikes and support to Egypt\u2019s most vulnerable yesterday following the cabinet\u2019s weekly meeting. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s a two parter: <\/strong>The package includes measures that will take effect starting the new fiscal year in July and other that will be implemented between March and July. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- Wage hikes incoming: <\/strong>Starting July, civil servants and workers at state-owned enterprises are set to see their salaries increase by no less than EGP 1.1k, Kouchouk said. Meanwhile, the public-sector minimum wage will rise by EGP 1k to EGP 7k.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>You heard it here first: <\/strong>EnterpriseAM reported back in January that the Madbouly government is <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b3c5911b-91c7-4078-b3d6-2c00489666fb\" style=\"\" rel=\"noopener\">planning to raise the minimum wage<\/a> for civil servants and workers at state-owned enterprises by EGP 1k to EGP 7k.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The private sector did it first: <\/strong>Earlier this month the National Wages Council <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8be5bb7a-60a6-4c97-bcd3-8d6eb0bbecac\/egypt-raises-the-private-sector-minimum-wage-to-egp-7k-starting-march\" style=\"\" rel=\"noopener\">decided to raise<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8be5bb7a-60a6-4c97-bcd3-8d6eb0bbecac\/egypt-raises-the-private-sector-minimum-wage-to-egp-7k-starting-march\" style=\"\" rel=\"noopener\">the minimum wage<\/a> for private sector workers to EGP 7k a month, up from EGP 6k, starting March. The council also introduced a minimum wage for part-time employees, who will now make no less than EGP 28 per hour.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Remember: <\/strong>The government last increased the public sector minimum wage early last year, raising it by 50% to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/76f901c8-012d-4de4-8d1e-eb994506231c\" style=\"\" rel=\"noopener\">EGP 6k<\/a> as part of a wider EGP 180 bn social support package. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- Pension increases: <\/strong>The state will increase pension payouts by 15% starting the new fiscal year, the minister said.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The cost of it all: <\/strong>The wage and pension hikes will cost the state some EGP 85 bn next fiscal year, Kouchouk said, adding that the increases will impact 4.5 mn public sector employees and 13 mn pension-receiving families. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#3- Increasing the cost of living allowance: <\/strong>The government will also raise the exceptional cost of living allowance to EGP 1k for all government employees. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#4- A EGP 10 bn economic empowerment fund:<\/strong> Kouchouk noted that the state will set up a EGP 10 bn fund dedicated to economically empowering the youth, providing them with jobs, qualifying them for the job market, and helping them establish projects. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#5- Short-term relief through Ramadan and Eid:<\/strong> The government will increase funding for 10 mn low income families registered in the ration card system, with payments ranging from EGP 125-250 per household depending on the number of family members. The increase will be made with the beginning of Ramadan and once again during Eid Al Fitr. Meanwhile, the 5.2 mn families part of the Takaful and Karama program will receive an EGP 300 lump sum this Ramadan, with permanent stipend increases of 25% starting April.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#6- Support for irregular workers:<\/strong> Irregular workers will receive a new EGP 1.5k stipend, paid six times a year through the Labor Ministry. <\/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\/ahmed-kouchouk\/\">Ahmed Kouchouk<\/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\/moustafa-madbouly\/\">Moustafa Madbouly<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/social-welfare\/\">social welfare<\/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=\"661431\" 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=\"661431\">\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\">Automotive<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/27\/ford-discontinues-new-vehicle-sales-in-the-local-market\/\">\r\n                            Ford discontinues new vehicle sales in Egypt                        <\/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\/02\/27\/ford-discontinues-new-vehicle-sales-in-the-local-market\/\" 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\/02\/27\/ford-discontinues-new-vehicle-sales-in-the-local-market\/')\">\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\/02\/27\/ford-discontinues-new-vehicle-sales-in-the-local-market\/\">\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=Ford discontinues new vehicle sales in the local market&url=https:\/\/enterpriseam.com\/egypt\/2025\/02\/27\/ford-discontinues-new-vehicle-sales-in-the-local-market\/\">\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\/02\/27\/ford-discontinues-new-vehicle-sales-in-the-local-market\/&title=Ford discontinues new vehicle sales in the local market\">\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=Ford+discontinues+new+vehicle+sales+in+the+local+market+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2025%2F02%2F27%2Fford-discontinues-new-vehicle-sales-in-the-local-market%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\/02\/27\/ford-discontinues-new-vehicle-sales-in-the-local-market\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2653.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"661432\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/27\/ford-discontinues-new-vehicle-sales-in-the-local-market\/2653-jpg\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2653.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2653.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2653.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2653.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-661431\" class=\"content-area-description single-story post-661431 post type-post status-publish format-standard has-post-thumbnail hentry category-automotive tag-automotive tag-enterpriseam tag-ford 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\/2\/.57f0644e-7dc3-40c6-8830-24e0775dca12.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Ford shuts down local retail operations:<\/strong> US-based automaker <a target=\"_blank\" href=\"https:\/\/www.ford.com\/\" style=\"\" rel=\"noopener\">Ford<\/a><a target=\"_blank\" href=\"https:\/\/www.ford.com\/\" style=\"\" rel=\"noopener\">Motor Company<\/a> discontinued new vehicle sales in Egypt, effective 26 February, it said in a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/2570.pdf\" style=\"\" rel=\"noopener\">statement (pdf)<\/a>. The company did not specify what prompted the decision, saying only that it comes as part of its efforts to realign its business strategies and that it follows a consideration of market trends. We were unable to reach company representatives for comment.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>If you\u2019re a Ford owner, don\u2019t fret: <\/strong>While they won\u2019t be selling new cars, Ford and its local distributor Jameel Motors will continue to provide after-sales support, parts, and warranty coverage to existing customers.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Sales were facing headwinds: <\/strong>Ford\u2019s sales have been in decline over the past two years amid a growing preference for more affordable cars coupled with import difficulties, several industry sources told EnterpriseAM. The company, whose market share amounts to no more than 0.5%, discontinued a number of models in the local market over the past years, one source told us. The decision to halt sales entirely is part of the company\u2019s wider strategy to exit peripheral markets where annual sales fall below 1k vehicles per model, the source added. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">THE FORCES SHAPING THE AUTO MARKET-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Demand at a glance: <\/strong>Economic cars priced under EGP 1 mn account for nearly 70% of sales, crowding out luxury vehicles and some mid-tier brands amid a decline in purchasing power, said Khaled Saad, head of the Association of Automobile Manufacturers. While it all boils down to personal preference, more consumers are opting for brands that are equipped with better tech and more features at lower price points, like Chinese cars \u2014 which are widespread in the Gulf and starting to become more popular here \u2014 said Al Ahly Pharos Equity Research Analyst Salma Abdelhay, adding that demand is greatest for Chinese and Korean cars.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Market leaders: <\/strong>Nissan <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3580a46d-eef6-4636-bb4e-777fffa0cbcc\" style=\"\" rel=\"noopener\">held the largest market share<\/a> of Egypt\u2019s auto market last year, with a 15.9% share, according to data tracked by the Automotive Marketing Information Council (AMIC). Chery-Ghabbour came in second with a 13.4% share and Chevrolet followed with a 12.2% share. Rounding out the top ten were Hyundai, Toyota, MG, BYD, Mitsubishi, Kia, and Ranualt.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The market is seeing a significant shift towards local production:<\/strong> <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/43ea3b83-ea14-4635-b079-618efae16c04\/\" style=\"\" rel=\"noopener\">Import restrictions<\/a> \u2014 including previous halts in the issuance of USD-denominated letters of credit and ACID numbers required to import cars \u2014 have prompted a slew of global automakers and local agents to turn to local production by setting up factories here, Abdelhay said. As a result, the completely knocked down (CKD) vehicle market \u2014 where cars are shipped in parts and assembled at local factories, as opposed to the completely built units (CBU) market \u2014 is growing significantly, she explained. The car market will increasingly gravitate toward locally manufactured models in the coming years, said Saad, adding that the government is firmly committed to supporting the sector's transition to assembly then local production.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- A few notable examples: <\/strong>Auto Jameel is set to begin assembling <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/30ba38ca-fa9f-4841-8009-f0760ad3c01d\/\" style=\"\" rel=\"noopener\">GAC models<\/a> ; Kasrawy Group is preparing to open a plant for <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2b3ffb64-4ae1-46a8-935b-567932e3710e\/\" style=\"\" rel=\"noopener\">Chinese Jetour and Jac car models<\/a> ; Al Mansour Auto and SAIC are gearing up to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/15821167-7de2-4999-9840-d9210cba2943\/\" style=\"\" rel=\"noopener\">establish<\/a> a USD 135 mn factory for MG vehicles; and GB Auto subsidiary Itamco and Helwan Company for Machinery and Equipment will assemble and manufacture the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f3cfd5d7-a440-4aeb-8299-c5cba9e17abc\" style=\"\" rel=\"noopener\">Indian Bajaj\u2019s Qute model<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Pulse check on AIDP: <\/strong>The <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0416ae11-1594-44da-8e5d-57fd1afb7657\/\" style=\"\" rel=\"noopener\">Automotive Industry Development Program (AIDP)<\/a>, which aims to localize the industry, will dole out some EGP 1.5 bn worth of incentives to its participants, a government source told us. These funds have been integrated into the central clearing system and will help offset company dues owed to the Egyptian customs and tax authorities. Our source also indicated that more and more companies are joining the program. Current participants include General Motors Egypt, El Nasr Automotive, Bavarian Auto Group, Arab American Vehicles, Al Amal Auto, GB Auto, Nissan Egypt, Ezz El Arab Automotive, and Aboul Fotouh Automotive.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Limited imports may also help with the localization drive:<\/strong> Auto players are set to import a maximum of 100k cars this year worth some USD 1.8 bn, following <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/0edffdac-e185-45d2-b6a0-a53b492d06c5\/\" style=\"\" rel=\"noopener\">discussions<\/a> the Investment Ministry had with car dealers in December, one of our sources 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\/automotive\/\">automotive<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ford\/\">Ford<\/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=\"661433\" 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=\"661433\">\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\">Automotive<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/27\/ezz-elsewedy-to-pump-usd-100-mn-into-auto-manufacturing\/\">\r\n                            Ezz Elsewedy to pump USD 100 mn into auto manufacturing                        <\/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\/02\/27\/ezz-elsewedy-to-pump-usd-100-mn-into-auto-manufacturing\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" 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href=\"https:\/\/api.whatsapp.com\/send?text=Ezz+Elsewedy+to+pump+USD+100+mn+into+auto+manufacturing+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2025%2F02%2F27%2Fezz-elsewedy-to-pump-usd-100-mn-into-auto-manufacturing%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\/02\/27\/ezz-elsewedy-to-pump-usd-100-mn-into-auto-manufacturing\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2658.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"661434\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/27\/ezz-elsewedy-to-pump-usd-100-mn-into-auto-manufacturing\/2658-jpg-2\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2658.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2658.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2658.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2658.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-661433\" class=\"content-area-description single-story post-661433 post type-post status-publish format-standard has-post-thumbnail hentry category-automotive tag-automotive tag-elsewedy-electric tag-enterpriseam tag-ezz-elsewedy-automotive-factories tag-malaysia 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\/2\/.b5677a55-ca06-4d6e-9bd4-5a76f1143860.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Ezz Elsewedy has a USD 100 mn investment plan:<\/strong> Ezz Elsewedy Investment Company \u2014 the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/efbe7c8e-0f15-470a-ac13-4703f186e2a3\" style=\"\" rel=\"noopener\">joint venture<\/a> formed by Elsewedy Capital and automotive group Ezz El Arab \u2014 plans to invest USD 100 mn expanding in the local auto market, setting up manufacturing and assembly facilities of petrol and electric vehicles, Ezz El Arab Chairman Hisham Ezz El Arab told EnterpriseAM yesterday during a presser held to celebrate the JV\u2019s first locally-assembled vehicles. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s the plan?<\/strong> Ezz Elsewedy wants to set up two additional factories in the 6th of October Industrial Zone \u2014 a car paint factory and another for the manufacture of spare parts and components, Ezz El Arab told us, adding that at a later stage that will include an EV manufacturing facility. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Ezz Elsewedy rolls out locally assembled Proton Saga: <\/strong>The JV launched its first locally-assembled Malaysian Proton Saga, which has a local component ratio of 51%, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/2613.pdf\" style=\"\" rel=\"noopener\">press release (pdf)<\/a>. The factory currently has a production capacity of 5.3k vehicles per year, with plans to increase it to 25k units annually, and 40k units if it moves to a two-shift operation. The company is also looking to launch a locally-assembled Proton sedan model in summer 2026 and an SUV model in summer 2027, Ezz El Arab told EnterpriseAM. The firm is looking to export its production to seven African markets as a first step, aligning with Egypt\u2019s national strategy to hit USD 100 bn in exports by 2030.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A project with serious momentum:<\/strong> The JV originally earmarked USD 15 mn for the local assembly of Proton models, but total investment has since grown to USD 50 mn, Ezz El Arab told us. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>EV assembly could come sooner than expected: <\/strong>Proton is working on an electric model that could enter production within two years, opening the door for local manufacturing in Egypt. Meanwhile, Ezz Elsewedy is in talks with three automakers \u2014 one South Korean, one Japanese, and one undisclosed \u2014 to assemble their EVs locally, Ezz El Arab told us.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they said:<\/strong> \u201cEgypt\u2019s auto market has massive potential \u2014 not just in terms of growing demand, but as a strategic gateway to North Africa and the Middle East. That\u2019s why we\u2019re targeting producing 5k units of the Proton Saga in 2025, with exports as a key driver of our growth strategy,\u201d said Proton CEO Li Chunrong. \u201cWe\u2019re upgrading our production infrastructure, from establishing a state-of-the-art paint shop to preparing our lines for three EV models in the coming years \u2014 reinforcing our commitment to sustainable manufacturing,\u201d said Ezz El Arab.<\/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\/automotive\/\">automotive<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/elsewedy-electric\/\">Elsewedy Electric<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ezz-elsewedy-automotive-factories\/\">Ezz ElSewedy Automotive Factories<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/malaysia\/\">Malaysia<\/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=\"661435\" 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=\"661435\">\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\">Banking<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/27\/mashreq-bank-to-launch-its-corporate-banking-platform-mashreq-neo-corp-in-egypt\/\">\r\n                            Mashreq Bank to launch its corporate banking platform Mashreq Neo Corp in Egypt                        <\/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\/02\/27\/mashreq-bank-to-launch-its-corporate-banking-platform-mashreq-neo-corp-in-egypt\/\" 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\/02\/27\/mashreq-bank-to-launch-its-corporate-banking-platform-mashreq-neo-corp-in-egypt\/')\">\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\/02\/27\/mashreq-bank-to-launch-its-corporate-banking-platform-mashreq-neo-corp-in-egypt\/\">\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=Mashreq Bank to launch its corporate banking platform Mashreq Neo Corp in Egypt&url=https:\/\/enterpriseam.com\/egypt\/2025\/02\/27\/mashreq-bank-to-launch-its-corporate-banking-platform-mashreq-neo-corp-in-egypt\/\">\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\/02\/27\/mashreq-bank-to-launch-its-corporate-banking-platform-mashreq-neo-corp-in-egypt\/&title=Mashreq Bank to launch its corporate banking platform Mashreq Neo Corp in Egypt\">\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=Mashreq+Bank+to+launch+its+corporate+banking+platform+Mashreq+Neo+Corp+in+Egypt+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2025%2F02%2F27%2Fmashreq-bank-to-launch-its-corporate-banking-platform-mashreq-neo-corp-in-egypt%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\/02\/27\/mashreq-bank-to-launch-its-corporate-banking-platform-mashreq-neo-corp-in-egypt\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2647.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"661436\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/27\/mashreq-bank-to-launch-its-corporate-banking-platform-mashreq-neo-corp-in-egypt\/2647-jpg-7\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2647.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2647.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2647.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2647.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-661435\" class=\"content-area-description single-story post-661435 post type-post status-publish format-standard has-post-thumbnail hentry category-banking tag-banking tag-enterpriseam tag-mashreq-bank 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\/2\/.f0f3630c-292b-4abe-b1ad-387098537721.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Our friends at <\/strong><strong>Mashreq will launch their new digita<\/strong><strong>l corporate banking platform<\/strong>, <strong>dubbed <\/strong><strong>Mashreq Neo Corp, in Egypt<\/strong>, after obtaining the necessary regulatory approvals, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/2620.pdf\" style=\"\" rel=\"noopener\">press release (pdf)<\/a>. The platform offers 24\/7 online access to comprehensive money management and trade finance services.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About the platform:<\/strong> The one-click interface offers a comprehensive range of cash management and trade services \u2014 including account services, payments, collections, guarantee management, import and export trade services, post-dated cheque discounting, and supplier financing.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A wide reach: <\/strong>The lender launched Mashreq Neo Corp in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/1c30bc0a-0954-4f69-b792-2bd86165d40c\/mashreq-rolls-out-digital-platform-for-corporates-in-qatar\" style=\"\" rel=\"noopener\">Qatar<\/a>, <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/3049a148-2d24-4f71-9ad0-530fd19b5aa9\/mashreq-launches-digital%253cmark%253e-platform%253c%2Fmark%253e-for-kuwaiti-corporates\" style=\"\" rel=\"noopener\">Kuwait<\/a>, and Bahrain last year, with plans to roll out the digital banking platform across other Gulf countries. But Egypt will be the first country to get the full suite of Mashreq Neo Corp products and services and the only country outside the UAE to \u201cenjoy the broadest set of products and services equivalent to that offered in the UAE.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they said:<\/strong> \u201cWe believe the introduction of Mashreq Neo Corp will put Mashreq at the forefront of transaction banking in Egypt, with the most comprehensive, advanced, digital, and client-friendly platform of any offered in the market,\u201d Group Head of International Banking at Mashreq Tarek El Nahas 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\/banking\/\">banking<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/mashreq-bank\/\">Mashreq Bank<\/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=\"661437\" 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=\"661437\">\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\">A MESSAGE FROM SEKEM<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/27\/a-dual-celebration-sekems-heliopolis-university-hosted-localizing-organic-medicinal-and-aromatic-plant-cultivation-forum-and-the-ebdas-carbon-ceremony\/\">\r\n                            A dual celebration: SEKEM\u2019s Heliopolis University hosted \u201cLocalizing Organic Medicinal and Aromatic Plant Cultivation\u201d forum and the EBDA\u2019s Carbon Ceremony                        <\/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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href=\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/27\/a-dual-celebration-sekems-heliopolis-university-hosted-localizing-organic-medicinal-and-aromatic-plant-cultivation-forum-and-the-ebdas-carbon-ceremony\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2630.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"661438\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/27\/a-dual-celebration-sekems-heliopolis-university-hosted-localizing-organic-medicinal-and-aromatic-plant-cultivation-forum-and-the-ebdas-carbon-ceremony\/2630-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2630.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2630.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2630.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2630.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-661437\" class=\"content-area-description single-story post-661437 post type-post status-publish format-standard has-post-thumbnail hentry category-a-message-from-sekem tag-a-message-from-sekem tag-enterpriseam tag-sekem 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\/2\/.4294517c-79f7-44a7-8d74-d953255d921a.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">At the heart of Egypt\u2019s sustainability movement, SEKEM\u2019s <a target=\"_blank\" href=\"https:\/\/hu.edu.eg\/\" style=\"\" rel=\"noopener\">Heliopolis University<\/a> hosted the Egyptian Biodynamic Association (<a target=\"_blank\" href=\"https:\/\/ebda.earth\/\" style=\"\" rel=\"noopener\">EBDA<\/a>) Carbon Ceremony during the \u201cLocalizing Organic Medicinal and Aromatic Plant Cultivation\u201d Forum. The event spotlighted the power of organic and biodynamic farming in addressing global challenges like water scarcity and climate change, particularly in the New Valley region.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">Distinguished figures, including Dr. Hani Sweilem (Minister of Water Resources and Irrigation), Mr. Alaa Farouk (Minister of Agriculture and Land Reclamation), Major General Dr. Mohamed El-Zamlout (Governor of the New Valley), and Dr. Mohamed Hani Ghoneim (Governor of Beni Suef), joined the conversation, reinforcing the national commitment to sustainable agriculture.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">A key moment of the forum was the recognition of 100 <a target=\"_blank\" href=\"https:\/\/ebda.earth\/\" style=\"\" rel=\"noopener\">EBDA<\/a> farmers who successfully transitioned to organic and biodynamic agriculture, receiving carbon credits as a reward for their commitment to sustainable farming. The event also featured a compelling presentation from Concrete, Egypt\u2019s leading menswear and kids\u2019 wear retailer, which shared its sustainability journey \u2014 showcasing how it offsets carbon emissions by purchasing credits through the EBDA\u2019s pioneering <a target=\"_blank\" href=\"https:\/\/www.economyoflove.net\/\" style=\"\" rel=\"noopener\">Economy of Love<\/a> (EoL) standard.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">Founded in 2012 as part of the SEKEM Initiative, <a target=\"_blank\" href=\"https:\/\/hu.edu.eg\/\" style=\"\" rel=\"noopener\">Heliopolis University<\/a> is a hub for research and innovation in sustainability. From renewable energy to advanced water management, its work with national and international partners drives progress in key fields such as agriculture, mechatronics, biotechnology, and pharmacy. Beyond research, the university leads by example, integrating solar power, wastewater treatment, and circular economy principles into campus life. At its core, Heliopolis University is shaping the next generation of social entrepreneurs, equipping them with the tools to create lasting change through innovation and collaboration.<\/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\/a-message-from-sekem\/\">A MESSAGE FROM SEKEM<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/sekem\/\">SEKEM<\/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=\"661439\" 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=\"661439\">\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\">Manufacturing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/27\/local-building-materials-manufacturer-to-set-up-usd-12-mn-plant-in-tech-valley\/\">\r\n                            Local building materials manufacturer to set up USD 12 mn plant in Tech Valley                        <\/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-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2643.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2643.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2643.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-661439\" class=\"content-area-description single-story post-661439 post type-post status-publish format-standard has-post-thumbnail hentry category-manufacturing tag-enterpriseam tag-industry tag-investment-watch tag-manufacturing tag-suez-canal-economic-zone 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\/2\/.86d74888-f396-4f1a-9422-ee8d57bfe4de.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Industrial House to set up USD 12 mn gypsum plant in Tech Valley: <\/strong>Industrial House for Building Materials signed an usufruct contract with the Suez Canal Economic Zone (SCZone) to develop a USD 12 mn gypsum factory in East Ismailia\u2019s Technology Valley according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0uBd1uhxAEtc5HFcMs5m2aAzsukgVtDFTiXeV8hPLq14TeZ1AJyxUs3EgNmfKCq69l\" style=\"\" rel=\"noopener\">statement<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details: <\/strong>Industrial House will set up a 50k sqm facility featuring three production lines for gypsum boards, plaster gypsum, and plastic packaging bags. The project is expected to create 500 direct jobs. The company plans to allocate 80% of its output for export.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A couple of days back Tech Valley got its first project<\/strong>, a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b086f584-585d-44b3-917c-af631c86fc76\/eroglu-doubles-down-on-egypt-with-usd-120-mn-garment-factory#:~:text=India%E2%80%99s%20Volkov%20to,to%20the%20statement.\" style=\"\" rel=\"noopener\">USD 5 mn<\/a> silicomanganese and ferrosilicon production plant courtesy of India\u2019s Volkov.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">QANTARA WEST IS GETTING ANOTHER PROJECT-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>United Trade Co for Poultry Equipment will set up a USD 3.3 mn poultry <\/strong><strong>equipment assembly plant<\/strong> in the Qantara West Industrial Zone, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0XQVpPegpik6H2nzCVVFvVBsADQhijJVkHDAcczBbL3dTrMdjKai8AFMPmpYrfb3yl\" style=\"\" rel=\"noopener\">statement<\/a>. The facility will assemble poultry breeding and production line equipment on a 9.8k sqm plot. The project will create 100 direct jobs.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Not the first investment announced in Qantara West this week: <\/strong>Eroglu Garment \u2014 a subsidiary of Turkish clothing manufacturer Eroglu Holding \u2014 <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b086f584-585d-44b3-917c-af631c86fc76\/eroglu-doubles-down-on-egypt-with-usd-120-mn-garment-factory\" style=\"\" rel=\"noopener\">announced earlier this week<\/a> that it would be investing some USD 120 mn in a new integrated garment factory in the Qantara West Industrial Zone.<\/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\/industry\/\">industry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/investment-watch\/\">investment watch<\/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\/suez-canal-economic-zone\/\">Suez Canal Economic Zone<\/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=\"661441\" 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=\"661441\">\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\">Cabinet watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/27\/two-golden-licenses-awarded-and-more-from-the-cabinets-weekly-meeting\/\">\r\n                            Two golden licenses awarded and more from the cabinet\u2019s weekly meeting                        <\/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\/02\/27\/two-golden-licenses-awarded-and-more-from-the-cabinets-weekly-meeting\/\" 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\/02\/27\/two-golden-licenses-awarded-and-more-from-the-cabinets-weekly-meeting\/')\">\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\/02\/27\/two-golden-licenses-awarded-and-more-from-the-cabinets-weekly-meeting\/\">\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=Two golden licenses awarded and more from the cabinet\u2019s weekly meeting&url=https:\/\/enterpriseam.com\/egypt\/2025\/02\/27\/two-golden-licenses-awarded-and-more-from-the-cabinets-weekly-meeting\/\">\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\/02\/27\/two-golden-licenses-awarded-and-more-from-the-cabinets-weekly-meeting\/&title=Two golden licenses awarded and more from the cabinet\u2019s weekly meeting\">\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=Two+golden+licenses+awarded+and+more+from+the+cabinet%E2%80%99s+weekly+meeting+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2025%2F02%2F27%2Ftwo-golden-licenses-awarded-and-more-from-the-cabinets-weekly-meeting%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\/02\/27\/two-golden-licenses-awarded-and-more-from-the-cabinets-weekly-meeting\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2645.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"661442\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/27\/two-golden-licenses-awarded-and-more-from-the-cabinets-weekly-meeting\/2645-jpg-15\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2645.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2645.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2645.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2645.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-661441\" class=\"content-area-description single-story post-661441 post type-post status-publish format-standard has-post-thumbnail hentry category-cabinet-watch tag-cabinet-watch tag-enterpriseam tag-manufacturing 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\/2\/.5befe629-3df9-4e72-938c-e95b5904468f.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Another busy Wednesday at the cabinet<\/strong>, saw <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0TjD9mqgycakHctG39L8FuAXWwiapAhaTEppBzmo5gwD5oYAz71yacihkqneZEtqPl\" style=\"\" rel=\"noopener\">ministers signing off<\/a> on a raft of decisions, including more golden license awards.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- More golden licenses awarded: <\/strong>Cabinet has agreed to award a golden license to China\u2019s state-owned Xinxing for its USD 145 mn ductile iron pipes factory in Ain Sokhna\u2019s TEDA industrial park. With a target launch date of March 2025, the project is expected to create 700 jobs. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AND- <\/strong>Cabinet also agreed to award Yada Egypt a golden license for its <a target=\"_blank\" 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\" style=\"\" rel=\"noopener\">EUR 70 mn furniture<\/a><a target=\"_blank\" 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\" style=\"\" rel=\"noopener\">plant<\/a> in New Alamein. The project \u2014 set to go live by October 2026 \u2014 will see polish manufacturer Padma, a key IKEA supplier, train local talent and introduce advanced production techniques. The facility will create 6.4k jobs and export 100% of its output. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- A new Supreme Council for Planning and Sustainable Development:<\/strong> The cabinet approved a draft presidential decree to form the Supreme Council for Planning and Sustainable Development, which will be led by the president and include the prime minister, central bank governor, and key ministers, alongside sector experts in energy, education, agriculture, and industry.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Scope? <\/strong>Meeting at least once every three months, the council will oversee national and regional development plans, ensuring alignment between urban planning and sustainable development strategies. Its decisions will be binding for all state bodies.<\/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\/cabinet-watch\/\">cabinet watch<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"661443\" 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=\"661443\">\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\">EARNINGS WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/27\/e-finances-adjusted-net-income-rises-36-y-o-y-in-2024\/\">\r\n                            E-finance\u2019s adjusted net income rises 36% y-o-y in 2024                        <\/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\/02\/27\/e-finances-adjusted-net-income-rises-36-y-o-y-in-2024\/\" 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\/02\/27\/e-finances-adjusted-net-income-rises-36-y-o-y-in-2024\/')\">\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\/02\/27\/e-finances-adjusted-net-income-rises-36-y-o-y-in-2024\/\">\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=E-finance\u2019s adjusted net income rises 36% y-o-y in 2024&url=https:\/\/enterpriseam.com\/egypt\/2025\/02\/27\/e-finances-adjusted-net-income-rises-36-y-o-y-in-2024\/\">\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\/02\/27\/e-finances-adjusted-net-income-rises-36-y-o-y-in-2024\/&title=E-finance\u2019s adjusted net income rises 36% y-o-y in 2024\">\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=E-finance%E2%80%99s+adjusted+net+income+rises+36%25+y-o-y+in+2024+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2025%2F02%2F27%2Fe-finances-adjusted-net-income-rises-36-y-o-y-in-2024%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\/02\/27\/e-finances-adjusted-net-income-rises-36-y-o-y-in-2024\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2641.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"661444\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/27\/e-finances-adjusted-net-income-rises-36-y-o-y-in-2024\/2641-jpg-7\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2641.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2641.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2641.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2641.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-661443\" class=\"content-area-description single-story post-661443 post type-post status-publish format-standard has-post-thumbnail hentry category-earnings-watch tag-contact-financial tag-e-finance tag-earnings tag-earnings-watch tag-enterpriseam tag-non-banking-financial-services 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\/2\/.5586c7de-323e-4118-b0d2-1125c6250ac8.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Earnings. Earnings. <\/strong>Fintech player E-finance and non-banking financial services firm Contact Financial Holding are both out with their 2024 earnings. <\/p>\n<p class=\"tag-border-left\">E-FINANCE SEES INCOME, REVENUES RISE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>E-finance posts strong growth for 2024: <\/strong>State-owned fintech giant E-finance saw its adjusted net income increase 36% y-o-y during 2024 to reach EGP 2.1 bn, according to the company\u2019s latest <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/2556.pdf\" style=\"\" rel=\"noopener\">earnings release (pdf)<\/a>. The company\u2019s topline expanded 34% y-o-y to EGP 5.2 bn in the same period, <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>On a quarterly basis:<\/strong> E-finance saw its adjusted net income rise 77% y-o-y to 676.4 mn in 4Q 2024, with revenues rising 56% y-o-y to reach EGP 1.8 bn. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>E-finance\u2019s flagship business E-finance Digital Operations contributed 87% of the <\/strong><strong>company\u2019s total <\/strong><strong>revenues in 2024<\/strong>, with the subsidiary\u2019s topline rising 29.3% y-o-y to EGP 4.6 bn on the back of strong results across its transaction, cloud hosting, and build and operate revenues. Revenues also saw solid growth across E-finance\u2019s other subsidiaries, including eKhalas, eNovate, eNable, and eAswaaq.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they said: <\/strong>\u201cAs we head into the new year, I am confident that we are well positioned to capitalize on the current market recovery and deliver strong top- and bottom-line growth over the coming period as inflation and interest rates normalize,\u201d Chairman Ibrahim Sarhan said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- Board greenlights capital increase: <\/strong>The company\u2019s board approved a bonus share distribution, granting 0.5 shares for each original share financed by existing reserves, according to an <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/2559.pdf\" style=\"\" rel=\"noopener\">EGX statement (pdf)<\/a>. The move will increase the company\u2019s issued and paid-up capital to EGP 1.7 bn from EGP 1.2 bn. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">CONTACT FINANCIAL REPORTS 2024 EARNINGS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Contact Financial posts solid financi<\/strong><strong>al performance for 2024: <\/strong>Non-banking financial services firm Contact Financial Holding saw its normalized net income in 2024 grow 6% y-o-y to EGP 736 mn, according to its latest <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/2625.pdf\" style=\"\" rel=\"noopener\">earnings release (pdf)<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The breakdown: <\/strong>The company\u2019s ins. division saw its net income increase 56% y-o-y to EGP 154 mn, as the company continued to reap the fruits of its strategic investments.\u201d Meanwhile, the financing division saw its net income dip 15% y-o-y in 2024 to EGP 533 mn \u2014 \u201cThe challenging first half of the year weighed on the division\u2019s overall FY-2024 performance. However, it is worth noting that compared to 1H-2024, all business segments expanded strongly in the second half of the year,\u201d according to the company\u2019s management. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they said: <\/strong>\u201cWe are pleased with the Group\u2019s strong performance during FY 2024, a year which saw us once again prove the resilience of our business model and the attractiveness of our value proposition. Following a challenging start to the year due to ongoing difficulties in our home market of Egypt, we recorded a strong turnaround as market conditions stabilized,\u201d the company\u2019s management 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\/contact-financial\/\">Contact Financial<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/e-finance\/\">e-finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/earnings\/\">earnings<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/earnings-watch\/\">earnings 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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"661445\" 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=\"661445\">\r\n            \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\">Moves<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/27\/contact-financial-ceo-said-zater-resigns\/\">\r\n                            Contact Financial CEO Said Zater resigns                        <\/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\/02\/27\/contact-financial-ceo-said-zater-resigns\/\" 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\/02\/27\/contact-financial-ceo-said-zater-resigns\/')\">\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\/02\/27\/contact-financial-ceo-said-zater-resigns\/\">\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=Contact Financial CEO Said Zater resigns&url=https:\/\/enterpriseam.com\/egypt\/2025\/02\/27\/contact-financial-ceo-said-zater-resigns\/\">\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\/02\/27\/contact-financial-ceo-said-zater-resigns\/&title=Contact Financial CEO Said Zater resigns\">\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=Contact+Financial+CEO+Said+Zater+resigns+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2025%2F02%2F27%2Fcontact-financial-ceo-said-zater-resigns%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\/02\/27\/contact-financial-ceo-said-zater-resigns\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2639.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"661446\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/27\/contact-financial-ceo-said-zater-resigns\/2639-jpg-7\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2639.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2639.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2639.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2639.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-661445\" class=\"content-area-description single-story post-661445 post type-post status-publish format-standard has-post-thumbnail hentry category-moves tag-contact-financial tag-enterpriseam tag-moves 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\/2\/.119939b2-e6cb-43e3-abf6-b778401160db.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Contact Financial CEO steps down:<\/strong> Contact Financial\u2019s board of directors accepted the resignation of CEO and Managing Director Said Zater (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/said-zater\/?original_referer=&originalSubdomain=eg\" style=\"\" rel=\"noopener\">LinkedIn<\/a>), according to an <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/2603.pdf\" style=\"\" rel=\"noopener\">EGX<\/a><a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/2603.pdf\" style=\"\" rel=\"noopener\">disclosure (pdf)<\/a>. Zater will take on a new role as vice chairman of the group\u2019s board and board advisor, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/2628.pdf\" style=\"\" rel=\"noopener\">statem<\/a><a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/2628.pdf\" style=\"\" rel=\"noopener\">ent (p<\/a><a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/2628.pdf\" style=\"\" rel=\"noopener\">df)<\/a> from the company. <\/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\/contact-financial\/\">Contact Financial<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/moves\/\">moves<\/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=\"661447 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=\"661447\">\r\n            \r\n            <div class=\"story__body\">\r\n\r\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/27\/661447\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-661447\" class=\"content-area-description single-story post-661447 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=\"661448\" 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=\"661448\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">12<\/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\/02\/27\/egypt-officially-rejects-lapids-proposal\/\">\r\n                            Egypt officially rejects Lapid\u2019s proposal                        <\/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\/02\/27\/egypt-officially-rejects-lapids-proposal\/\" 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\/02\/27\/egypt-officially-rejects-lapids-proposal\/')\">\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\/02\/27\/egypt-officially-rejects-lapids-proposal\/\">\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 officially rejects Lapid\u2019s proposal&url=https:\/\/enterpriseam.com\/egypt\/2025\/02\/27\/egypt-officially-rejects-lapids-proposal\/\">\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\/02\/27\/egypt-officially-rejects-lapids-proposal\/&title=Egypt officially rejects Lapid\u2019s proposal\">\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+officially+rejects+Lapid%E2%80%99s+proposal+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2025%2F02%2F27%2Fegypt-officially-rejects-lapids-proposal%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\/02\/27\/egypt-officially-rejects-lapids-proposal\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2102.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"661449\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/27\/egypt-officially-rejects-lapids-proposal\/2102-jpg-16\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2102.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"2102.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2102.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2102.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-661448\" class=\"content-area-description single-story post-661448 post type-post status-publish format-standard has-post-thumbnail hentry category-last-nights-talk-shows tag-enterpriseam tag-last-nights-talk-shows tag-middle-east-politics 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\/2\/.a0de3d4f-883d-4a57-a318-242b54be5b86.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>An official rejection of Lapid\u2019s proposal:<\/strong> \u201cAny proposals or suggestions that contradict Egypt\u2019s and the Arab world\u2019s stance \u2014 particularly on Egypt temporarily administering Gaza \u2014 are outright rejected and unacceptable,\u201d Foreign Ministry spokesperson Tamim Khallaf said, according to Moussa (<a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=auUtJ21k42g\" style=\"\" rel=\"noopener\">watch, runtime 2:17<\/a>). His comments come in response to Israeli <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/22998f1b-1a7f-4602-a9d4-f4ef776302a6\/egypt-reportedly-rejects-lapid%25e2%2580%2599s-proposal-for-it-to-manage-gaza-in-exchange-for-debt-relief\" style=\"\" rel=\"noopener\">opposition leader Yair Lapid\u2019s proposal<\/a> that Egypt manages Gaza\u2019s security and civil administration for up to 15 years in exchange for external debt relief. <\/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\/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\/middle-east-politics\/\">Middle East politics<\/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=\"661450\" 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=\"661450\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">13<\/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\/02\/27\/naguib-sawiris-calls-for-reconsideration-of-the-govts-mega-projects-amid-economic-concerns\/\">\r\n                            Egyptian bn\u2019aire Naguib Sawiris calls for reconsideration of the gov\u2019t\u2019s mega-projects amid economic concerns                        <\/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\/02\/27\/naguib-sawiris-calls-for-reconsideration-of-the-govts-mega-projects-amid-economic-concerns\/\" 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\/02\/27\/naguib-sawiris-calls-for-reconsideration-of-the-govts-mega-projects-amid-economic-concerns\/')\">\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\/02\/27\/naguib-sawiris-calls-for-reconsideration-of-the-govts-mega-projects-amid-economic-concerns\/\">\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=Naguib Sawiris calls for reconsideration of the gov\u2019t\u2019s mega-projects amid economic concerns&url=https:\/\/enterpriseam.com\/egypt\/2025\/02\/27\/naguib-sawiris-calls-for-reconsideration-of-the-govts-mega-projects-amid-economic-concerns\/\">\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\/02\/27\/naguib-sawiris-calls-for-reconsideration-of-the-govts-mega-projects-amid-economic-concerns\/&title=Naguib Sawiris calls for reconsideration of the gov\u2019t\u2019s mega-projects amid economic concerns\">\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=Naguib+Sawiris+calls+for+reconsideration+of+the+gov%E2%80%99t%E2%80%99s+mega-projects+amid+economic+concerns+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2025%2F02%2F27%2Fnaguib-sawiris-calls-for-reconsideration-of-the-govts-mega-projects-amid-economic-concerns%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\/02\/27\/naguib-sawiris-calls-for-reconsideration-of-the-govts-mega-projects-amid-economic-concerns\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/882.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"661451\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/27\/naguib-sawiris-calls-for-reconsideration-of-the-govts-mega-projects-amid-economic-concerns\/882-jpg-8\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/882.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"882.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/882.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/882.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-661450\" class=\"content-area-description single-story post-661450 post type-post status-publish format-standard has-post-thumbnail hentry category-egypt-in-the-news tag-enterpriseam tag-naguib-sawiris 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\/2\/.dd38ed1b-e2d0-4951-940e-f476c1158051.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Naguib Sawiris\u2019 take on Egypt\u2019s FX-intensive national development strategy is making <\/strong><strong>headlines in the international press<\/strong>, with <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/africa\/egypt-should-take-hard-look-mega-projects-billionaire-sawiris-says-2025-02-26\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reporting that the well-heeled businessman has suggested the government ought to \u201chave a second look\u201d at its mega-projects due to their substantial FX requirements. Speaking at a conference in Abu Dhabi on Wednesday.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Sawiris also pointed out a major business migration trend:<\/strong> About 1.5k Egyptian companies moved their HQs to Abu Dhabi last year alone, according to Sawiris, who also suggested unifying the UAE bourses to encourage more companies to list in the region.<\/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\/naguib-sawiris\/\">Naguib Sawiris<\/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=\"661452\" 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=\"661452\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">14<\/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\/02\/27\/palm-hills-will-expand-to-abu-dhabi\/\">\r\n                            Egyptian real estate developer Palm Hills will expand to Abu Dhabi                        <\/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\" 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href=\"https:\/\/www.linkedin.com\/shareArticle?mini=true&url=https:\/\/enterpriseam.com\/egypt\/2025\/02\/27\/palm-hills-will-expand-to-abu-dhabi\/&title=Palm Hills will expand to Abu Dhabi\">\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=Palm+Hills+will+expand+to+Abu+Dhabi+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2025%2F02%2F27%2Fpalm-hills-will-expand-to-abu-dhabi%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\/02\/27\/palm-hills-will-expand-to-abu-dhabi\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1651.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"661453\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/27\/palm-hills-will-expand-to-abu-dhabi\/1651-jpg-4\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1651.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1651.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1651.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/3\/1651.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-661452\" class=\"content-area-description single-story post-661452 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-elsewedy-electric tag-energy tag-enterpriseam tag-fawry tag-fintech tag-ma-watch tag-oil-and-gas tag-palm-hills-developments tag-startups 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\/2\/.72f50088-f714-485c-a2c9-7e58a48c41a1.mp3\"><\/audio><\/figure>\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>PHD is heading to Abu Dhabi: <\/strong>Real estate developer Palm Hills Developments\u2019 (PHD) board approved the company\u2019s expansion to the UAE via the establishment of a subsidiary and wholly owned limited liability company in Abu Dhabi, according to an <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/2604.pdf\" style=\"\" rel=\"noopener\">EGX disclosure (pdf)<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI: <\/strong>Palm Hills established its new Saudi branch last <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/8b6adeb2-4542-420b-b461-22ebaca13fdb\/afdb-could-help-fund-egypt%e2%80%99s-1.1-gw-wind-farm\" style=\"\" rel=\"noopener\">August<\/a> and has plans to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/e8c01f42-0550-4daf-bcbe-f24cb75f179a\/palm-hills-to-set-up-schools,-urban-projects-in-ksa-under-agreement-with-saudi-dallah-real-estate\" style=\"\" rel=\"noopener\">develop<\/a> urban projects and 15 international schools in the kingdom under an agreement with Saudi investment group Dallah Albaraka subsidiary Dallah Real Estate. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">M&A-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Dirac Systems<\/strong><strong> revealed to be the latest in a string of startups freshly acquired by <\/strong><strong>Fawry<\/strong><strong>: <\/strong>Fintech giant Fawry has nabbed a majority stake (51%) in <a target=\"_blank\" href=\"https:\/\/www.diracsystems.com\/?page_id=3938&lang=en\" style=\"\" rel=\"noopener\">Dirac Systems<\/a>, an enterprise resource planning (ERP) software company, as part of its wider push to acquire startups that offer complementary services, it said in a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/2578.pdf\" style=\"\" rel=\"noopener\">press release (pdf)<\/a>. The move follows Fawry\u2019s acquisition of <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a3112935-1c04-4bdd-9e6e-a18688f0d0e0\" style=\"\" rel=\"noopener\">a 56% stake<\/a> in financial services and accounting firm <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/company\/vcfoeg\/?originalSubdomain=eg\" style=\"\" rel=\"noopener\">Virtual CFO<\/a> and a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/5cfa14e5-cb09-4b16-9af3-48a4c9697aa1\/sokhna-industrial-zone-to-welcome-new-factories-with-usd-3-mn-in-investments\" style=\"\" rel=\"noopener\">51% stake<\/a> in local hospitality and medical institutions manager <a target=\"_blank\" href=\"https:\/\/www.codezone-eg.com\/en\/product\/myelin\" style=\"\" rel=\"noopener\">Code Zone<\/a>. Combined, the investment tally landed at EGP 80 mn. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The pitch:<\/strong> \u201cThese investments reinforce Fawry\u2019s position as a one-stop digital business solutions provider by expanding \u201cFawry Business\u201d suite in ERP and financial management tools, seamless digital payment integrations with advanced accounting and HR solutions, and tailored fintech innovations for SMEs, and large enterprises,\u201d Fawry CEO Ashraf Sabry said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">STARTUPS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Design and furnishing made easy<\/strong><strong>:<\/strong> Valu, The Mob Collective, and Le March\u00e9 have launched Dream Space, a platform offering designer-curated home furnishing packages with transparent pricing and flexible financing, the companies said in a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/2626.pdf\" style=\"\" rel=\"noopener\">press release (pdf)<\/a>. The platform gives customers the chance to choose from ready-made room packages in various design styles, crafted by The Mob Collective. Le March\u00e9 will provide access to premium furniture brands, while Valu will offer tailored payment plans with its lowest-ever interest rates, extending up to 60 months. The initiative aims to simplify home furnishing by eliminating the complexity of sourcing individual pieces. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">EXPANSION-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Elsewedy lands a major Hungarian power plant contract:<\/strong> Elsewedy Electric has been awarded an engineering, procurement, and construction contract for a combined cycle power plant in Hungary, by MVM Matra Energia \u2014 a subsidiary of Hungarian Electric Company, according to a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2f3b4b1a-9a7e-4d38-9099-8bef287578d8\/beltone,-chimera-part-of-new-abu-dhabi-holdco-with-%253eusd-27-bn-in-assets\" style=\"\" rel=\"noopener\">press release (pdf)<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What we know:<\/strong> The project \u2014 set to be Hungary's largest combined cycle power plant in decades and the country's first hydrogen fuel-ready plant \u2014 marks Elsewedy Electric\u2019s first major venture in Europe. Elsewedy is part of a consortium that includes two other Hungarian companies. The project is set for completion by 2028.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">ENERGY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The Oil Ministry <\/strong><strong>has concluded the tender for 13 <\/strong><strong>blocks<\/strong>, with submitted proposals exceeding USD 700 mn worth of investments, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/share\/p\/164zrJLwgC\/\" style=\"\" rel=\"noopener\">statement<\/a>. The bids come as part of a wider offering of 61 potential investments. The bids will be evaluated and announced within 1-2 months.<\/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\/elsewedy-electric\/\">Elsewedy Electric<\/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\/fawry\/\">Fawry<\/a>\n                <!-- <span 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size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"661455\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/27\/menas-private-equity-market-is-in-for-a-year-of-cautious-optimism\/1251-jpg-29\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1251.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1251.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1251.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/9\/1251.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-661454\" class=\"content-area-description single-story post-661454 post type-post status-publish format-standard has-post-thumbnail hentry category-planet-finance tag-enterpriseam tag-magnitt tag-planet-finance tag-private-equity 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\/2\/.a4f98b92-e206-46a1-9f90-40121fea9265.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>The outlook for private equity (PE) dealmaking in the MENA region in 2025 is cautiously <\/strong><strong>optimistic, <\/strong>with expectations that reduced regulatory pressures and a supportive investment climate will create favorable conditions for dealmaking in high-growth sectors, according to <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/2\/2426.pdf\" style=\"\" rel=\"noopener\">Magnitt\u2019s MENA PE report (pdf)<\/a>.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>PE firms are likely to focus more on exits as investors prioritize liquidity and returns, <\/strong>taking advantage of improved financing options. Although global economic risks persist, the shifting market landscape presents opportunities for investors to adjust their portfolios and seize value during this transition.<\/p><p class=\"tag-border-left\">2024 IN REVIEW- <\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>PE investments took a hit in 2024, with Magnitt attributing the decline to tightening credit <\/strong><strong>conditions, valuation mismatches, and global macroeconomic uncertainty.<\/strong> The region saw just 68 PE transactions in 2024, down from 90 in 2023 and 97 in 2022, marking the lowest total in three years. Transaction value also dropped sharply to USD 4.9 bn from USD 8.1 bn in 2023, reflecting fewer large-cap transactions. This slowdown was compounded by a lack of LBOs, a key driver of PE growth between 2020 and 2021, as higher interest rates increased debt financing costs.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi Arabia and the UAE were the region's leading PE markets,<\/strong> with mega-transaction (over USD 1 bn) comprising just 47% of total transaction value, down from 77% in 2023, signaling a shift away from high-value acquisitions. Saudi Arabia accounted for 58% of MENA\u2019s total PE transaction value last year, while the UAE contributed 30%, and Egypt 12%. Saudi Arabia has outpaced the UAE in transaction value for the last two years.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Growth investments dominated last year, with 71% of PE activity focused on acquiring <\/strong><strong>minority stakes in growth companies, <\/strong>up from 54% the previous year. This shift reflects changing market dynamics and evolving investor preferences. In contrast, buyouts fell to 29% of PE transactions, down from 46% in 2023, and there were no leveraged buyouts in 2024 or 2023.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Despite these challenges, sectoral trends remained resilient,<\/strong> with healthcare (19%), finance (16%), and food and beverage (13%) sectors accounting for the majority of MENA\u2019s PE activity, with healthcare reclaiming the top spot after losing it for two years.<\/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 this morning<\/strong>, the Shanghai Composite is down 0.3%, the Hang Seng is down 0.2%, and the Kospi is looking at losses of 0.9%. Meanwhile, Japan\u2019s Nikkei is flat. <\/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\">30,632<\/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: +3.0%)<\/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>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 50.53<\/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 50.66<\/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>USD (CIB<\/strong><strong>)<\/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 50.54<\/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 50.64<\/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\">12,233<\/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\">-0.6% (YTD: +1.6%)<\/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>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\">9,643<\/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: +2.4%)<\/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\">5,352<\/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: +3.8%)<\/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>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\">5,956<\/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\">0.0% (YTD: +1.3%)<\/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>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\">8,731<\/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\">+0.7% (YTD: +6.8%)<\/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>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\">5,528<\/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\">+1.5% (YTD: +12.9%)<\/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>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 72.53<\/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\">-0.7%<\/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 3.91<\/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\">-6.4%<\/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>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 2,932<\/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%<\/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 84,228<\/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\">-4.4% (YTD: -9.9%)<\/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 0.1% at yesterday\u2019s close<\/strong> on turnover of EGP 3.1 bn (14.1% below the 90-day average). Regional investors were the sole net buyers. The index is up 3.0% YTD.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the green: <\/strong>EFG Holding (+3.2%), Egyptalum (+2.9%) and TMG Holding (+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>GB Corp (-1.9%), Fawry (-1.7%) and E-finance (-1.5%).<\/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>Beltone Holding shareholders <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.mubasher.info\/news\/4407533\/%D8%A7%D9%84%D8%A8%D9%88%D8%B1%D8%B5%D8%A9-%D8%AA%D9%82%D8%B1-%D9%82%D9%8A%D8%AF-5-37-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%AD%D9%82-%D8%A7%D9%83%D8%AA%D8%AA%D8%A7%D8%A8-%D8%A3%D8%B3%D9%87%D9%85-%D8%B2%D9%8A%D8%A7%D8%AF%D8%A9-%D8%B1%D8%A3%D8%B3%D9%85%D8%A7%D9%84-%D8%A8%D9%84%D8%AA%D9%88%D9%86-%D8%A7%D9%84%D9%82%D8%A7%D8%A8%D8%B6%D8%A9\/\" style=\"\" rel=\"noopener\">can subscribe<\/a><\/strong><strong> to its mega capital increase during today\u2019s <\/strong><strong>trading session <\/strong>\u2014 the firm will be issuing 5.4 bn new shares at EGP 2 apiece. Rights will be available until the end of today\u2019s trading session and will be traded from 4-19 March. The firm is looking to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/eb629527-b901-4123-8ce5-7abbb317c0cb\" style=\"\" rel=\"noopener\">increase its capital<\/a> by EGP 10.75 bn to EGP 21.7 bn. <\/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\/magnitt\/\">MAGNiTT<\/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                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/private-equity\/\">private equity<\/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=\"661456\" 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=\"661456\">\r\n            \r\n                <div class=\"issue-story-header text-center\">\r\n                    <div class=\"index-number\">16<\/div>\r\n\r\n                    <p class=\"f-graphik\">My Morning Routine<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/27\/my-morning-routine-shamel-aboul-fadl-executive-chairman-of-bonyan\/\">\r\n                            My Morning Routine: Shamel Aboul Fadl, executive chairman of 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\/02\/27\/my-morning-routine-shamel-aboul-fadl-executive-chairman-of-bonyan\/\" 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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Speaking to us this week is Shamel Aboul Fadl (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/shamel-aboul-fadl-325482161\/?originalSubdomain=eg\" style=\"\" rel=\"noopener\">LinkedIn<\/a>), the executive chairman of <a target=\"_blank\" href=\"https:\/\/bonyanegypt.com\/\" style=\"\" rel=\"noopener\">Bonyan<\/a> as well as the founder and chairman of <a target=\"_blank\" href=\"https:\/\/compass-cap.com\/\" style=\"\" rel=\"noopener\">Compass Capital<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">(<strong>Tap or click the headline above to read this story with all of the links <\/strong>to our background as well as external sources.)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>I\u2019m an engineer by education \u2014 I earned my undergraduate degree in engineering in 1992<\/strong> and went on to complete my MBA at Wharton in 1999. Since then, I\u2019ve worked in financial services both in Egypt and internationally. Currently, I serve as the executive chairman of Bonyan.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>As Bonyan\u2019s executive chairman, my role revolves around setting the company\u2019s <\/strong><strong>strategy and <\/strong><strong>ensuring all work streams align with that vision.<\/strong> I bounce between the big picture and the nitty-gritty, developing strategic direction while also engaging in hands-on problem-solving and diving into the details when needed. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>My focus is largely on <\/strong><strong>solving challenges<\/strong>, particularly those that haven\u2019t been resolved earlier in the process. By the time issues reach me, they often require input from multiple stakeholders, and my job is to navigate those complexities to find the right solutions.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>As a serial entrepreneur, I\u2019ve always been drawn to setting up and investing in <\/strong><strong>companies with strong potential.<\/strong> The idea behind Bonyan started with the acquisition of an asset I had long admired, an underperforming furniture mall with potential. When we acquired it in 2018, I took on an executive role with a vision to transform it from a non-operational asset into a thriving commercial destination. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>But the strategy wasn\u2019t just about acquiring a single asset \u2014 it was about building a <\/strong><strong>platform that would offer institutional-grade real estate investment opportunities. <\/strong>We followed a buy-and-build approach, acquiring nine more assets. The goal was to move beyond traditional, fragmented real estate investment and introduce a structured model aligned with international standards.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>International real estate investors don\u2019t typically buy physical properties outright.<\/strong> Instead, they invest through funds, real estate investment trusts, and managed accounts. We saw a huge opportunity to bring this approach to our market, allowing investors to access real estate returns through professionally managed vehicles aligned with global best practices.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Institutional investment represents the biggest opportunity in Egypt's commercial real <\/strong><strong>estate sector. <\/strong>The space is underdeveloped and lacks specialized investors, largely because owning and operating commercial assets requires expertise and proper infrastructure. While many developers offer commercial properties, they typically sell individual units, making it difficult for investors to capture long-term value. This fragmented ownership structure often deters major tenants, who prefer working with professional landlords capable of delivering consistent property management and service quality.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>There\u2019s a significant gap in the market for investors who can acquire, manage, and lease <\/strong><strong>commercial properties to multinationals and prominent local businesses. <\/strong>As Cairo expands rapidly eastward and westward, demand for A-grade office spaces continues to grow. Businesses are transitioning from conventional office setups to modern, world-class office environments \u2014 a trend that is set to continue. The real opportunity lies in owning and operating these assets at scale, providing businesses with professional, high-quality office spaces that aren\u2019t readily available in fragmented ownership models.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>When we invest, we focus on businesses with strong tailwinds <\/strong>\u2014 sectors that align with economic trends rather than struggle with them. In an inflationary environment, we avoid businesses where rising costs shrink margins, like real estate development with forward funding and variable construction costs. Instead, we invest in existing assets that appreciate as replacement costs rise, benefiting from inflation rather than being hurt by it. The key is to position investments where macroeconomic shifts work in our favor.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>I start my day early. <\/strong>I wake up around 6am, check my emails, then walk my dog from 7-8am. After that, I hit the gym until 9am before heading to the office by 9:30am. That\u2019s my routine until the day winds down.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>I don\u2019t watch the news \u2014 it\u2019s usually negative, beyond my control, and does more harm <\/strong><strong>than good.<\/strong> When consuming information, I focus on what matters to my work. I have subscriptions to legal updates and read every new law that comes out. I also read EnterpriseAM because it aggregates key news in one place and, most importantly, explains its implications for the business community \u2014 a practical, insightful read without the usual negativity.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>On a personal level, I\u2019m looking to go back to school <\/strong>\u2014 not for a degree, but to engage with academic institutions and stay up to speed on the latest trends. I\u2019m planning to start a three-module executive education program at Harvard Business School this May to deepen my knowledge and apply it to my work. Recently, I worked with MIT exploring AI\u2019s impact on our industry, and I\u2019m keen to continue learning how global shifts can help us improve what we do.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Professionally, we\u2019re just scratching the surface of what\u2019s possible.<\/strong> There\u2019s significant room to expand Bonyan through M&amp;As in the commercial real estate sphere, and I see huge opportunities ahead.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Challenges are the one constant in my day. <\/strong>To stay focused, I jot down my thoughts; my office walls are all blackboards covered in notes and ideas. When it comes to work-life balance, I try to keep my workload out of the house and disconnect when I\u2019m home. I unwind by walking my dog, playing sports, spending time with family, and watching shows that have nothing to do with reality \u2014 definitely no news.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The best advice I\u2019ve ever received?<\/strong> \u201cLove what you do, and you\u2019ll never work a day in your life.\u201d<\/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\/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\/my-morning-routine\/\">MY MORNING ROUTINE<\/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=\"661458\" 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\/02\/27\/661458\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-661458\" class=\"content-area-description single-story post-661458 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\">FEBRUARY <\/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 <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3553e785-1d74-4224-b7af-21c4b425e651\/\" style=\"\">EGP 1.5 bn<\/a><\/span><span>.<\/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>1-10 March (Saturday-Monday): Egypt will <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.facebook.com\/MinistryTransportation\/posts\/pfbid02hQqbiAovogXic8N86pgUpA1ZZWBgSyHiX93vZVL48nuopCf1T6JZCMKJTkw5d4HWl\" style=\"\">open<\/a><\/span><span style=\"font-weight:400;\"> electronic applications for 2.2k industrial land plots across 22 governorates<\/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;\">3 March (Monday): Central bank to publish foreign reserve data for February.<\/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;\">4 March (Tuesday): Egypt will host emergency Arab League summit on Gaza.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>4 March (Tuesday): S&P Global to <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.pmi.spglobal.com\/Public\/Release\/ReleaseDates\" style=\"\">release<\/a><\/span><span style=\"font-weight:400;\"> Egypt\u2019s PMI figures for March.<\/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 March (Monday): Capmas expected to release inflation data for February.<\/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 style=\"font-weight:400;\">10 April (Thursday): Capmas expected to release inflation data for March.<\/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;\">The Suez Canal Container Terminal will begin trial operations for its expanded East Port Said facilities.<\/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;\">Government begins talks 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;\">10 May (Saturday): Capmas expected to publish inflation data for April.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>18-20 May (Sunday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.alborsaanews.com\/2025\/02\/04\/1866442\" style=\"\">First Arab International Exhibition<\/a><\/span><span style=\"font-weight:400;\"> for Sustainable Development.<\/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=\"font-weight:400;\">10 June (Tuesday): Capmas expected to publish inflation data for May.<\/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>1-4 December: <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/www.egyptdefenceexpo.com\/\" style=\"\">Egypt Defence Expo<\/a><\/span><span style=\"font-weight:400;\"> (EDEX), Egypt International Exhibition Centre.<\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><span>25 December: (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: 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=\"font-weight:400;\">3Q 2025: Nasr Automotive begins locally manufacturing passenger cars.<\/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;\">2027: Egypt to host EBRD\u2019s annual meetings for 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;\">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>New social protection package unveiled | Ford discontinues new sales | Another Fawry acquisition.<\/p>\n","protected":false},"featured_media":661422,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-661421","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"f56a5185-60c6-4d58-ad20-e52350f9c6e1","teaser":"New social protection package unveiled | Ford discontinues new sales | Another Fawry acquisition.","photo_url":"https:\/\/ent.news\/2025\/2\/2661.jpg"},"yoast_head":"<!-- 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