{"id":661625,"date":"2025-03-03T00:00:00","date_gmt":"2025-03-03T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?post_type=issue&#038;p=661625"},"modified":"2025-12-18T03:54:53","modified_gmt":"2025-12-18T03:54:53","slug":"net-foreign-assets-on-the-rise","status":"publish","type":"issue","link":"https:\/\/enterpriseam.com\/egypt\/issues\/net-foreign-assets-on-the-rise\/","title":{"rendered":"Net foreign assets on the rise"},"content":{"rendered":"<section id=\"661627\" 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=\"661627\">\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                    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alt=\"\" data-attachment-id=\"661628\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2025\/03\/03\/egypt-to-set-up-the-worlds-largest-green-hydrogen-plant\/1267-jpg-16\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1267.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1267.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1267.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1267.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-661627\" class=\"content-area-description single-story post-661627 post type-post status-publish format-standard has-post-thumbnail hentry category-what-were-tracking-today tag-enterpriseam tag-green-hydrogen 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\/3\/.48a51a34-25de-4734-9acc-0a85f4bc37ad.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, frie<\/strong><strong>nds. <\/strong>It is shaping up to be another busy day with the news cycle showing no signs of slowing down. <\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>So, when do we eat? <\/strong>Maghrib prayers are at 5:55pm in the capital, and you\u2019ll have until 4:51am tomorrow to hydrate and caffeinate ahead of fajr.<\/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 sunny day in Cairo, with a high of 24\u00b0C and a low of 13\u00b0C, according to our favorite weather app.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s more or less the same in Alexandria<\/strong>, with a high of 23\u00b0C and a low of 13\u00b0C.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It won\u2019t stay sunny for much longer<\/strong>, with the Egyptian Meteorological Authority (EMA) <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/photo\/?fbid=1040566071435293&amp;set=pcb.1040566108101956\" style=\"\" rel=\"noopener\">warning<\/a> of a 2-4\u00b0C dip in temperatures starting Wednesday. <\/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 style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- Missed this week\u2019s Inside Industry? <\/strong>In our weekly vertical exploring all things industry and manufacturing, we sat down with Amr El Sawaf, general manager of Elsewedy Cables to explore the company\u2019s journey, market leadership, and how it\u2019s navigating an increasingly competitive global industry. Check out our interview <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f6e9abb0-772d-484f-a27b-2b080b1fc94a\/manufacturer-of-the-month:%253cmark%253e-elsewedy%253c%2Fmark%253e-cables\" style=\"\" rel=\"noopener\">here<\/a>.<\/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\"><strong>#1- The So<\/strong><strong>vereign Fund of Egypt (SFE) has set the wheels in motion for its plan to take <\/strong><strong>over all state companies <\/strong>by forming a committee to take stock of state-owned companies as it prepares to take charge of their administration, <a target=\"_blank\" href=\"https:\/\/www.alborsaanews.com\/2025\/03\/01\/1872771\" style=\"\" rel=\"noopener\">Al Borsa<\/a> reports, citing unnamed sources. The review, which is scheduled for completion by the end of 2Q this year, will see the committee start off by categorizing firms based on the complexity of their transfer.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- <\/strong>Investment Minister Hassan El Khatib last week <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/6e6bf2a5-4d1b-4829-8d1c-0fae344f89fe\/madbouly-gov%e2%80%99t-wants-its-sovereign-wealth-fund-to-take-charge-of-state-owned-enterprises\" style=\"\" rel=\"noopener\">unveiled a plan<\/a> by the government to transfer the administration of all state-owned companies to the SFE as part of a strategy to maximize their returns. The SFE\u2019s role will focus on attracting private players and potentially going public with the companies.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The targeted companies will be added to the pre-IPO fund<\/strong> as part of a wider restructuring strategy for the SFE and all of its sub-funds, including the pre-IPO fund itself, according to the news outlet. The sub-fund was <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/eaa81cae-e4e2-4c66-963d-b806c4ed812b\/\" style=\"\" rel=\"noopener\">set up back in 2022<\/a> to prepare state-owned enterprises for listing on the EGX by offering stakes to strategic investors.<\/p><hr style=\"height:2px;border-width:0;color:gray;background-color:gray\"><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <a id=\"wwtt1\"><\/a> <strong>#2- Egypt to set up the world\u2019s largest green hydrogen plant? <\/strong>The General Authority for Investment and Freezones is pitching a USD 17 bn investment to build what it says will be the world\u2019s largest green hydrogen plant in South Sinai, <a target=\"_blank\" href=\"https:\/\/www.alarabiya.net\/aswaq\/special-stories\/2025\/03\/02\/%D9%85%D8%B5%D8%B1-%D8%AA%D8%B7%D8%B1%D8%AD-%D9%81%D8%B1%D8%B5%D8%A9-%D8%A7%D8%B3%D8%AA%D8%AB%D9%85%D8%A7%D8%B1%D9%8A%D8%A9-%D9%84%D8%A8%D9%86%D8%A7%D8%A1-%D8%A3%D9%83%D8%A8%D8%B1-%D9%85%D8%B5%D9%86%D8%B9-%D9%84%D9%84%D9%87%D9%8A%D8%AF%D8%B1%D9%88%D8%AC%D9%8A%D9%86-%D8%A7%D9%84%D8%A3%D8%AE%D8%B6%D8%B1-%D8%A8%D8%A7%D9%84%D8%B9%D8%A7%D9%84%D9%85-\" style=\"\" rel=\"noopener\">Al Arabiya<\/a> reports citing a government document. The facility, to be developed in partnership with the Military Production Ministry, would produce up to 400k tons of green hydrogen annually. The first phase is set for completion in 2030, with additional phases rolling out in 2033 and 2035.<\/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- G<\/strong><strong>eos plans to make its EGX debut this year:<\/strong> Local contractor <a target=\"_blank\" href=\"https:\/\/geosegypt.com\/about-us\/\" style=\"\" rel=\"noopener\">Geos for Trading and<\/a><a target=\"_blank\" href=\"https:\/\/geosegypt.com\/about-us\/\" style=\"\" rel=\"noopener\">Contracting<\/a> plans to offer 33.33% of its shares in an IPO next quarter, the bigger chunk will be allocated for a private placement and the rest for a public offering, sources told <a target=\"_blank\" href=\"https:\/\/www.alborsaanews.com\/2025\/03\/02\/1872768\" style=\"\" rel=\"noopener\">Al Borsa<\/a>. The company recently raised its capital to EGP 105 mn from EGP 70 mn, allowing it to list directly on the main market. <\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Advisors appointed: <\/strong>The firm has appointed <a target=\"_blank\" href=\"https:\/\/primeholdingco.com\/\" style=\"\" rel=\"noopener\">Prime Holding<\/a> to manage its upcoming EGX offering next quarter and <a target=\"_blank\" href=\"https:\/\/www.fact-eg.com\/\" style=\"\" rel=\"noopener\">FACT<\/a> as an independent financial advisor. The company is preparing to submit its listing application this month following the finalization of its 2024 financial results.<\/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=\"wwtt4\"><\/a> <strong>#4- Work on <\/strong><strong>Gregy to begin soon with EUR 1 bn financing: <\/strong>Egypt and Greece are set to begin implementing their <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/6b4cdf86-bd8c-496a-bb9f-a0a96ced5721\" style=\"\" rel=\"noopener\">3 GW electricity interconnector (Gregy)<\/a> before the end of 2H 2025, with the project set to receive a grant and concessional financing totaling EUR 1 bn, <a target=\"_blank\" href=\"https:\/\/www.alarabiya.net\/aswaq\/exclusive\/2025\/03\/02\/%D9%85%D8%A4%D8%B3%D8%B3%D8%A7%D8%AA-%D8%A3%D9%88%D8%B1%D9%88%D8%A8%D9%8A%D8%A9-%D8%AA%D8%A8%D8%AF%D9%89-%D8%A7%D8%B3%D8%AA%D8%B9%D8%AF%D8%A7%D8%AF%D8%A7-%D9%84%D8%AA%D9%85%D9%88%D9%8A%D9%84-%D8%A7%D9%84%D8%B1%D8%A8%D8%B7-%D8%A7%D9%84%D9%83%D9%87%D8%B1%D8%A8%D8%A7%D8%A6%D9%8A-%D8%A8%D9%8A%D9%86-%D9%85%D8%B5%D8%B1-%D9%88%D8%A7%D9%84%D9%8A%D9%88%D9%86%D8%A7%D9%86\" style=\"\" rel=\"noopener\">Al Arabiya<\/a> reports, citing unnamed government sources. Three European financial institutions have expressed interest in financing the project, with negotiations expected to conclude next month.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI-<\/strong> The EU last year <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/183954ef-4dc7-49c8-9499-743e77de1e74\/\" style=\"\" rel=\"noopener\">signaled its intention<\/a> to invest in our green hydrogen ambitions and projects like Gregy to enable exports of Egyptian renewable energy into Europe as part of its EUR 7.4 bn aid package for Egypt.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>How will the electricity be portioned out? <\/strong>Greece is reportedly set to receive 1 GW of the project\u2019s output, while the remaining capacity will be exported to other EU countries, primarily Germany and Italy, through Greece\u2019s grid.<\/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>#5-<\/strong> <strong>Eigh<\/strong><strong>t Turkish apparel and textile manufacturers are in talks to enter th<\/strong><strong>e Egyptian <\/strong><strong>market this year<\/strong>, Head of Egypt\u2019s Apparel Export Council Marie Bishara told <a target=\"_blank\" href=\"https:\/\/www.alborsaanews.com\/2025\/03\/02\/1872963\" style=\"\" rel=\"noopener\">Al Borsa<\/a>. Investors are assessing industrial zones and eyeing temporary production partnerships with local manufacturers until their facilities are operational.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why it matters:<\/strong> The move could boost Egypt\u2019s garment exports by 25% to USD 4.1 bn by 2026, up from USD 3.3 bn this year, Bishara said. <\/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\">HAPPENING TOMORROW- <\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt3\"><\/a> <strong>#1- <\/strong><strong>Egypt w<\/strong><strong>ill host an <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9cfde515-d0dc-49db-82bf-3dd7179fed06\/%253cmark%253earab-league%253c%2Fmark%253e-summit-on-gaza-pushed-back\" style=\"\" rel=\"noopener\">emergency Gaza-focused Arab League summit<\/a><\/strong> to develop and agree on a plan for reconstruction in a push against the Trump-proposed plan to forcibly displace 2 mn Gazans from the enclave. The meeting comes amid tensions and Israeli efforts to derail the ceasefire, with Israel <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/israel-palestinians-hamas-war-news-ceasefire-hostages-03-02-2025-99402570996dcf33239d0492d99909e4\" style=\"\" rel=\"noopener\">cutting off aid<\/a> to the enclave in a bid to force Hamas to agree to extend the first phase of the ceasefire agreement.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What to expect?<\/strong> Egypt is set to unveil its plan to reconstruct Gaza during the summit. Once the plan is signed off, Egypt will push for international backing and donor funding, with a focus on European financial support, Foreign Minister Badr Abdelatty said during a presser (<a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=776z_3BiFGk\" style=\"\" rel=\"noopener\">watch,<\/a><a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=776z_3BiFGk\" style=\"\" rel=\"noopener\">runtime<\/a><a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=776z_3BiFGk\" style=\"\" rel=\"noopener\">: 42:05<\/a>) yesterday.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Remember:<\/strong> Last month Egypt <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b285d848-1177-42d6-9fc9-ac62dbe2233a\/egypt-to-put-forward-plan-to-rebuild-gaza-as-trump-doubles-down-on-his-plan-to-push-gazans-into-egypt-and-jordan\" style=\"\" rel=\"noopener\">said<\/a> it will propose \u201ca comprehensive vision for the reconstruction of the Gaza Strip in a manner that ensures the Palestinian people remain in their homeland and aligns with their legitimate and legal rights.\u201d<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Another emergency meeting already scheduled:<\/strong> Following the summit, foreign ministers from the Organisation of Islamic Cooperation will convene in Saudi Arabia for an emergency meeting to look into how to present the reconstruction plans, Abdelatty said. <\/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- Health<\/strong><strong> check for our non-oil private sector incoming:<\/strong> Economists, policymakers, and private sector players will be closely watching to see if the country\u2019s non-oil private sector will expand for a second consecutive month when S&amp;P Global releases Egypt\u2019s PMI figures for February tomorrow. The country\u2019s PMI saw its strongest <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/1c564701-719e-4718-aeb6-f312e3524002\/egypt%e2%80%99s-non-oil-private-sector-kicks-off-2025-on-a-positive-note\" style=\"\" rel=\"noopener\">expansion<\/a> in over four years in January, driven by solid growth in output and sales volumes. The headline PMI reading rose to 50.7 in January, up from 48.1 in December, marking the second expansion since November 2020.<\/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>Israel has deliberately blocked all humanitarian aid fr<\/strong><strong>om entering the Gaza strip<\/strong> after the six-week ceasefire came to an end yesterday. The decision is broadly perceived as a means of exerting pressure on Hamas to agree with Trump\u2019s Mideast envoy <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/76c2d80f-3d7a-476a-9f2f-f3c1aa255b7c\/ramadan-kareem\" style=\"\" rel=\"noopener\">Steve Witkoff\u2019s proposal<\/a> to extend the first phase of the ceasefire agreement instead of moving on to phase two \u2014 which would see Hamas freeing the remaining hostages in exchange for Israel\u2019s complete withdrawal from Gaza, paving the way for a lasting ceasefire.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>\u201cThere will be no free lunches,\u201d<\/strong> Israeli Prime Minister Benjamin Netanyahu said at a cabinet meeting yesterday. Seemingly bolstered by the new US administration, he insisted that a ceasefire won\u2019t proceed without a hostage release.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>A unified regional denunciation:<\/strong> Egypt\u2019s <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02jLnK8YtdG71UD7bXy2QPkaLVN71mZetYYB8Smp8vNLrfGVKAaUJ1WZUrsRhbehMWl?rdid=wYZpsFJeD37OShDT#\" style=\"\" rel=\"noopener\">Foreign Ministry<\/a> condemned Israel\u2019s blockade of humanitarian aid to Gaza as a blatant violation of international law and a weaponization of starvation, urging global action. Equally sharp responses were drawn from <a target=\"_blank\" href=\"https:\/\/x.com\/MofaQatar_EN\/status\/1896298025213215014?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet\" style=\"\" rel=\"noopener\">Qatar<\/a> and <a target=\"_blank\" href=\"https:\/\/x.com\/KSAmofaEN\/status\/1896303909276459505?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet\" style=\"\" rel=\"noopener\">Saudi Arabia<\/a> \u2019s foreign ministries. (<a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-03-02\/israel-signals-hardened-stance-toward-hamas-emboldened-by-trump\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/israel-palestinians-hamas-war-news-ceasefire-hostages-03-02-2025-99402570996dcf33239d0492d99909e4\" style=\"\" rel=\"noopener\">AP<\/a> | <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/world\/2025\/mar\/02\/halting-aid-to-gaza-is-aimed-at-giving-israel-upper-hand-in-talks-with-hamas\" style=\"\" rel=\"noopener\">The Guardian<\/a> | <a target=\"_blank\" href=\"https:\/\/www.wsj.com\/world\/middle-east\/israel-says-it-is-halting-entry-of-goods-into-gaza-as-cease-fire-talks-falter-1821deeb\" style=\"\" rel=\"noopener\">Wall Street Journal<\/a> | <a target=\"_blank\" href=\"https:\/\/www.washingtonpost.com\/world\/2025\/03\/02\/gaza-israel-hamas-palestinians-aid-explainer\/51a53d42-f79b-11ef-bbd0-5841f0ec1418_story.html\" style=\"\" rel=\"noopener\">Washington Post<\/a> | <a target=\"_blank\" href=\"https:\/\/www.france24.com\/en\/middle-east\/20250302-israel-agrees-to-temporary-extension-of-gaza-ceasefire\" style=\"\" rel=\"noopener\">France 24<\/a>) <\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>MEANWHILE- <\/strong>After Zelenskiy\u2019s diplomatic meltdown at the White House two days ago, European leaders have agreed to present the US with a Ukraine peace plan, hoping it will push Washington to offer security guarantees. At a London summit yesterday, British Prime Minister Keir Starmer announced a \u201ccoalition of the willing\u201d to draft the proposal. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/europe\/uks-starmer-tries-revive-hope-ukraine-peace-summit-2025-03-01\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/russia-ukraine-war-zelenskyy-london-summit-7ce3c65b90b9618d9877372514e90c77\" style=\"\" rel=\"noopener\">AP<\/a>)<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO- The 2025 Oscars just wrapped up <\/strong>\u2014 here are some of the most notable highlights:<\/p><ul>\n<li>Kieran Culkin won best supporting actor for A Real Pain. <\/li>\n<li>Best animated feature went to Flow, marking Latvia\u2019s first-even Oscar win. <\/li>\n<li>Sean Baker took home best original screenplay for Anora. <\/li>\n<\/ul><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Moment worth noting: <\/strong>Best documentary winners Yuval Abraham, Basel Adra, Hamdan Ballal, and Rachel Szor used their acceptance speech to call for a \u201cpolitical solution\u201d to the war in Gaza. \u201cWe call on the world to take serious actions to stop the injustice and to stop the ethnic cleansing of Palestinian people,\u201d the Palestinian Adra <a target=\"_blank\" href=\"https:\/\/variety.com\/2025\/awards\/news\/no-other-land-oscar-speech-ethnic-cleansing-gaza-1236321688\/\" style=\"\" rel=\"noopener\">said<\/a>. The directors took home the Oscar for their documentary No Other Land, which shines the light on the daily struggles of those in Gaza amid Israeli attacks and is a collaboration between Palestinian and Israeli filmmakers. <\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2495.jpg?ssl=1\"><\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>*** It\u2019s Blackboard day:<\/strong> We have our weekly look at the business of education in Egypt, from pre-K through the highest reaches of higher ed. <\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In today\u2019s issue:<\/strong> We take a look at the efforts to open up branches of Egyptian universities abroad as part of the government\u2019s plan to improve the country\u2019s higher education standing in the region and further afield. <\/p>\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n    <div class=\"tags-section\">\n        <div class=\"f-graphik\">Tags:<\/div>\n        <div class=\"tags-list\">\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/green-hydrogen\/\">green hydrogen<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/what-were-tracking-today\/\">What We&#039;re Tracking Today<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"661629 advertiser\" class=\"issue-section enterprise-adv\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            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style=\"font-weight:400;\">Wishing you a month filled with serenity, peacefulness, and joy with your loved ones.<\/span><\/p>\n<\/div>\n\t<\/div><!-- .entry-content -->\n\n\t\n<\/article><!-- #post-${ID} -->\n\n\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"661630\" 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=\"661630\">\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\">Banking<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/03\/03\/egypts-net-foreign-assets-jump-65-8-to-usd-8-7-bn-in-january\/\">\r\n                            Egypt\u2019s net foreign assets Jump 65.8% to USD 8.7 bn in January                        <\/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\/03\/03\/egypts-net-foreign-assets-jump-65-8-to-usd-8-7-bn-in-january\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                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wp-post-image\" alt=\"\" data-attachment-id=\"661631\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2025\/03\/03\/egypts-net-foreign-assets-jump-65-8-to-usd-8-7-bn-in-january\/119-jpg-28\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/119.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"119.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/119.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/119.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-661630\" class=\"content-area-description single-story post-661630 post type-post status-publish format-standard has-post-thumbnail hentry category-banking tag-banking tag-central-bank-of-egypt tag-enterpriseam tag-foreign-exchange tag-foreign-reserves 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\/3\/.d73bd5fc-6792-4586-880b-272e13db0ab5.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Net fo<\/strong><strong>reign assets in Egypt\u2019s ba<\/strong><strong>nking se<\/strong><strong>ctor rose to USD 8.7 <\/strong><strong>bn in January<\/strong>, marking a monthly hike of 65.8% from USD 5.2 bn in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b2d33b2d-c7bb-4cb7-a579-7eac508df956\/egypt%25e2%2580%2599s%253cmark%253e-net-foreign-assets%253c%2Fmark%253e-dropped-12%2525-to-usd-5.2-bn-in-december\" style=\"\" rel=\"noopener\">December<\/a>, according to <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/3\/49.png\" style=\"\" rel=\"noopener\">data<\/a> from the Central Bank of Egypt. This follows two consecutive months of decline in the country\u2019s net foreign assets, which last dropped by 12.2% in December due to local seasonal factors and an increase in demand for FX resources.<\/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>Reduced deficit in commercial banks helped improve the banking sector\u2019s overall <\/strong><strong>position:<\/strong> The net foreign asset deficit in commercial banks came in at USD 3.3 bn during the month, down from USD 6.4 bn, driven by a simultaneous rise in net foreign assets (reaching USD 25.2 bn) and a decline in foreign liabilities (hitting USD 28.5 bn).<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>There was also improvement \u2014 albeit modest \u2014 over at the central bank:<\/strong> The CBE recorded a net foreign asset surplus of USD 12.0 bn in January, up from USD 11.7 bn in December. Foreign assets were unchanged at USD 45.7 bn, while foreign liabilities fell to just under USD 33.8 bn from USD 34.1 bn in December.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Driving the rebound:<\/strong> \u201cWe attribute this improvement to Egypt <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\">issuing USD 2 bn in eurobonds<\/a> in January and receiving the first tranche worth <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/95254a02-0f1f-4adc-a493-30f9aa484aa6\/egypt-receives-first-eur-1-bn-tranche-under-macro-financial-assistance-package-from-the-eu\" style=\"\" rel=\"noopener\">EUR 1 bn of the European Union\u2019s EUR 7.4 bn financing package<\/a>,\u201d HC Securities\u2019 Heba Mounir told EnterpriseAM. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Despite the recent uptick, the country\u2019s net foreign asset surplus has shrunk 39.3%<\/strong> <strong>since <\/strong><strong>its <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/05dbfb21-5b24-459c-8961-cd7efb29461b\/net-foreign-assets-record-their-first-surplus-in-over-two-years\" style=\"\" rel=\"noopener\">May 2024 peak<\/a><\/strong> of USD 14.3 bn, with commercial banks now clocking in their sixth consecutive month recording a net foreign asset deficit.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>The May peak marked the first time that net foreign assets recorded a surplus in over two years, which followed the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/4461a6ec-f67a-45d9-b396-b6b1f6533a35\/second-usd-20-bn-tranche-of%253cmark%253e-ras-el-hekma%253c%2Fmark%253e-funds-land-in-state-coffers\" style=\"\" rel=\"noopener\">second and final tranche<\/a> of the USD 35 bn Ras El Hekma agreement bringing in some USD 14 bn of fresh inflows. Before this, the country\u2019s net foreign asset position had been in a deficit since February 2022, when the Russian invasion of Ukraine triggered a shock capital outflow of almost USD 20 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\/banking\/\">banking<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/central-bank-of-egypt\/\">Central Bank of Egypt<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/foreign-exchange\/\">foreign exchange<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            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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=\"661633\">\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\">Manufacturing<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/03\/03\/organi-group-acquires-50-of-rolling-plus-to-advance-eur-1-bn-tire-factory-project\/\">\r\n                            Organi Group acquires 50% of Rolling Plus to advance EUR 1 bn tire factory project                        <\/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=\"762.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/762.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/762.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-661633\" class=\"content-area-description single-story post-661633 post type-post status-publish format-standard has-post-thumbnail hentry category-manufacturing tag-automotive tag-enterpriseam tag-manufacturing tag-organi-group 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\/3\/.35872b85-03b6-41e6-aa62-0fe19d80da4f.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Organi G<\/strong><strong>roup wants to restart Rolling Plus\u2019 tire factory project: <\/strong>Organi Group acquired 50% of Rolling Plus Chemical Industries to revive its <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b85da3f0-7779-46ff-a969-43427ddc2afa\/egypt-to-build-eur-1-bn-tire-factory\" style=\"\" rel=\"noopener\">EUR 1 bn tire factory project<\/a> in the Suez Canal Economic Zone (SCZone) in partnership with Concrete Plus \u2014 which previously held a 70% stake in the company \u2014 an unnamed official told <a target=\"_blank\" href=\"https:\/\/asharqbusiness.com\/companies\/72079\/%D8%A7%D9%84%D8%B9%D8%B1%D8%AC%D8%A7%D9%86%D9%8A-%D9%8A%D8%AD%D9%8A%D9%8A-%D9%85%D8%B5%D9%86%D8%B9-%D8%A5%D8%B7%D8%A7%D8%B1%D8%A7%D8%AA-%D8%A7%D9%84%D8%B3%D9%8A%D8%A7%D8%B1%D8%A7%D8%AA-%D9%85%D8%B9-%D9%83%D9%88%D9%86%D9%83%D8%B1%D9%8A%D8%AA-%D8%A8%D9%84%D8%B3-%D9%81%D9%8A-%D9%85%D8%B5%D8%B1\/\" style=\"\" rel=\"noopener\">Asharq Business<\/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 why: <\/strong>Rolling Plus \u2014 a joint project between Concrete Plus and Gulf investors \u2014 signed a contract in September 2023 to establish a EUR 1 bn tire factory in the Ain Sokhna Industrial Zone to produce some 7 mn tires annually. Limited progress on implementation in the years since prompted the company to reach an agreement with Organi Group earlier this year to contribute half of Rolling Plus\u2019 capital, according to the source.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details:<\/strong> The project is expected to be rolled out in three phases, beginning with a EUR 400-450 mn initial investment that will see the factory produce 3 mn tires annually. The second phase is expected to expand production, while the third will push output to 7 mn, adding heavy-duty tires. Half of the factory\u2019s production has been earmarked for export.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Organi Group plans to invest <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/11de7ab0-8c4d-4ada-ba3b-089d8b0c2698\" style=\"\" rel=\"noopener\">USD 1 bn<\/a> in the automotive and tourism sectors over the coming five years.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Not the only local tire project <\/strong><strong>in the cards: <\/strong>An unnamed Chinese company is reportedly looking to set up a <a target=\"_blank\" 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=\"\" rel=\"noopener\">USD 360 mn tire factory<\/a> in the SCZone in partnership with the state-owned Arab Organization for Industrialization. Meanwhile, the government\u2019s <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/4188be2c-d058-47d9-a742-35ef5661ec69\/could-the-private-sector-help-revive-state-owned%253cmark%253e-tire%253c%2Fmark%253e-maker-trenco%3F\" style=\"\" rel=\"noopener\">attempt to revive and develop<\/a> state-owned tire manufacturer Trenco seems to be bearing fruit with <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/40a33add-e842-4474-9e12-a1fac2730f08\/arab-organization-for-industrialization-to-set-up-tire-manufacturing-city-with-unnamed-chinese-partner\" style=\"\" rel=\"noopener\">an agreement to develop Trenco\u2019s Alexandria-based factory<\/a> with unnamed European companies and an agreement to establish a new Trenco tire factory with a Chinese company in Alexandria\u2019s Amreya.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** Read more about our fledgling domestic tire industry <\/strong>\u2014 and the challenges it\u2019s facing \u2014 in this Inside Industry two-parter we published in 2023 (<a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f3553e3f-013a-4dc4-877c-7eb93afbaaf0\/\" style=\"\" rel=\"noopener\">Part I<\/a> | <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f690219d-16e9-4cc9-9012-22da48774299\/where-we-stand-on-egypt%e2%80%99s-plans-to-localize-tire-manufacturing\" style=\"\" rel=\"noopener\">Part II<\/a>).<\/p>\n<p class=\"tag-border-left\">MORE PROJECTS COMING TO QANTARA WEST- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Two text<\/strong><strong>ile projects worth USD 28 mn are in the works:<\/strong> The Qantara West Industrial Zone will welcome two new textile projects with combined investments of USD 28 mn following agreements with the Suez Canal Economic Zone (SCZone), according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/share\/p\/18a4jTjeLn\/\" style=\"\" rel=\"noopener\">statement<\/a>. The new projects are set to export all of their output and generate a total of 800 jobs. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The details:<\/strong>China\u2019s Changzhou Kingcason Printing & Dyeing will set up a USD 24.5 mn yarn manufacturing, dyeing, and printing facility that\u2019s set to provide some 500 jobs. Meanwhile, <a target=\"_blank\" href=\"https:\/\/www.sh-honour.com\/\" style=\"\" rel=\"noopener\">Shanghai Honour<\/a> and its UAE-based subsidiary Home Hub Textile will establish a USD 3.5 mn home textiles project, generating 300 jobs.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Big plans for Qantara West:<\/strong> With the latest two projects included, the SCZone has finalized 14 contracts in the Qantara West Industrial Zone, attracting USD 542.3 mn in investments within a 20-month period, according to the statement. <\/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\/automotive\/\">automotive<\/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\/organi-group\/\">Organi Group<\/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=\"661635\" 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=\"661635\">\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\">Spotlight<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/03\/03\/making-it-a-chat-with-mashreq-group-ceo-ahmed-abdelaal\/\">\r\n                            Making It: A chat with Mashreq Group CEO Ahmed Abdelaal                        <\/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\/03\/03\/making-it-a-chat-with-mashreq-group-ceo-ahmed-abdelaal\/\" 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\/03\/03\/making-it-a-chat-with-mashreq-group-ceo-ahmed-abdelaal\/')\">\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\/03\/03\/making-it-a-chat-with-mashreq-group-ceo-ahmed-abdelaal\/\">\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=Making It: A chat with Mashreq Group CEO Ahmed Abdelaal&url=https:\/\/enterpriseam.com\/egypt\/2025\/03\/03\/making-it-a-chat-with-mashreq-group-ceo-ahmed-abdelaal\/\">\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\/03\/03\/making-it-a-chat-with-mashreq-group-ceo-ahmed-abdelaal\/&title=Making It: A chat with Mashreq Group CEO Ahmed Abdelaal\">\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=Making+It%3A+A+chat+with+Mashreq+Group+CEO+Ahmed+Abdelaal+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2025%2F03%2F03%2Fmaking-it-a-chat-with-mashreq-group-ceo-ahmed-abdelaal%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\/03\/03\/making-it-a-chat-with-mashreq-group-ceo-ahmed-abdelaal\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/121.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"661636\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2025\/03\/03\/making-it-a-chat-with-mashreq-group-ceo-ahmed-abdelaal\/121-jpg-19\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/121.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"121.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/121.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/121.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-661635\" class=\"content-area-description single-story post-661635 post type-post status-publish format-standard has-post-thumbnail hentry category-spotlight tag-enterpriseam tag-making-it tag-spotlight 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\/3\/.7f18503a-b0a6-4cbd-8e9c-1757635ff15e.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"> <strong>After mo<\/strong><strong>re than five years at Mashreq\u2019s helm, Group CEO Ahmed Abdelaal is a<\/strong><strong> well-known face <\/strong>in the regional banking industry and beyond. Ahmed has led the bank through an ambitious expansion strategy that has seen it recently open Mashreq Oman, in addition to Mashreq Neo in Egypt, as well as its digital banking platform for corporate clients in Bahrain, Kuwait, and Qatar. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><strong>We recently sat down in Dubai with Ahmed to speak at length about how he and his team<\/strong><strong> see the road ahead. <\/strong>Resilience and adaptability, he thinks, will be key in a year that\u2019s filled with uncertainty about everything from interest rates to what the new US administration means for trade, finance, and the world order. We get into whether Arab business leaders pay enough attention to India, banking as a service, innovation in financial services, and a lot more.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><strong>As with every episode of Making It, this isn\u2019t just a show for industry nerds: It\u2019s part of <\/strong><strong>our masterclass on leadership. <\/strong>We go deep into why Ahmed invites the entire bank to \u201cscru my strategy,\u201d how he gets his leadership team on the same page (while avoiding groupthink), as well as how he makes decisions, decides what to work on himself, and structures his org chart. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><strong>What does the year ahead look like?<\/strong> In a nutshell, Ahmed tells us that 2025 is \u201cthe year where we will be delivering on some of Mashreq\u2019s key strategic objectives.\u201d That includes \u201ccontinuous innovation, regional expansion, and building state-of-the-art client experiences.\u201d Already a major player in the corridors linking Mena to Asia, the US, and Europe, Ahmed aims to make the bank the dominant digital player in our region, talking openly about \u201cbanking as a service\u201d as concepts including open finance and embedded finance move toward center stage in the so-called platform economy. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><strong>However it plays out, you can be sure that client experience is at the heart of everything <\/strong><strong>Mashreq has planned.<\/strong> \u201cFocusing on driving client experience \u2014 and client excellence \u2014 is key,\u201d Ahmed told us. And that goal requires Mashreq to ensure that it has the right kind of people running the show, which means that the bank\u2019s org chart was \u201cbuilt for collaboration, speed of decision making, and \u2014 most importantly \u2014 innovation and efficiency.\u201d <\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><strong>Being a nimble organization that\u2019s able to execute on its key objectives also makes<\/strong><strong> Mashreq well-positioned to jump on opportunities<\/strong>, including those that have long been underplayed, such as India. Today, the UAE has freetrade agreements with India, while \u201cthe influx of capital in and out has tremendously increased over the past few years,\u201d Ahmed says. India is one of the many trade corridors that Mashreq is heavily interested in and has created a \u201cstate-of-the-art solution with the biggest seven banks in India\u201d to allow Mashreq clients to digitally open bank accounts in India, eliminating the need for physical presence in India. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><strong>Closer to home, Ahmed sees plenty of potential in sustainability and ESG<\/strong>, whether one is looking at the UAE, Saudi Arabia, or Egypt. Across these three key geographies \u2014 which Ahmed maintains will continue to work together, rather than compete, for economic strength \u2014 sustainable agriculture, ESG investments, and renewable energy continue to be areas of interest. \u201cThe amount of commitments and spend, whether it's here in UAE, Saudi and Egypt, is tremendous,\u201d Ahmed says.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><strong>In this episode of Making It, we dug into all these topics and more<\/strong>, including where Mashreq wants to be in 10 years\u2019 time and other major corridors where Ahmed sees growth. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.1500000000000001;orphans:2;widows:2;text-align:left\"><strong>** Tap or click here to listen to the full episode (42:51)<\/strong> on <a target=\"_blank\" href=\"https:\/\/podcasts.apple.com\/eg\/podcast\/making-it\/id1487974619?i=1000697182060\" style=\"\" rel=\"noopener\">Apple Podcasts<\/a> | <a target=\"_blank\" href=\"https:\/\/open.spotify.com\/episode\/5IOCl0g42aGydU2Kx2vj6K?si=29b7a00ebc544aaa\" style=\"\" rel=\"noopener\">Spotify<\/a> | <a target=\"_blank\" href=\"https:\/\/play.anghami.com\/episode\/1202037733\" style=\"\" rel=\"noopener\">Anghami<\/a> or <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/81896893-ab69-4d64-9868-e6902ad27120\" style=\"\" rel=\"noopener\">read the full transcript on our website<\/a>.<\/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\/making-it\/\">Making It<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/spotlight\/\">SPOTLIGHT<\/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=\"661637\" 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=\"661637\">\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\">Diplomacy<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/03\/03\/egypt-secures-eur-90-mn-loan-from-the-eu-eib-to-boost-food-resilience\/\">\r\n                            Egypt secures EUR 90 mn loan from the EU, EIB to boost food resilience                        <\/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\/03\/03\/egypt-secures-eur-90-mn-loan-from-the-eu-eib-to-boost-food-resilience\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n                <\/a>\n            <\/li>\n            <li class=\"list-inline-item\">\n                <a href=\"#\" target=\"_blank\" onclick=\"event.preventDefault(); 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This came during Commissioner for the Mediterranean Dubravka \u0160uica\u2019s time in Egypt yesterday, during which she met with a number of high-level officials including President Abdel Fattah El Sisi. <\/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>How will the funds be used? <\/strong>\u201cThe signing of the project will enhance Egypt\u2019s food resilience by buying wheat and is a testament of the ongoing cooperation in addressing critical challenges, including food security,\u201d the statement said. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s unclear if the funds are part of EUR 7.4 bn package of loans, grants, and <\/strong><strong>investments the EU will be providing Egypt through to 2027. <\/strong>The package, announced <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/183954ef-4dc7-49c8-9499-743e77de1e74\" style=\"\" rel=\"noopener\">last year<\/a> includes loans to provide macro-financial assistance and EUR 1.8 bn additional investments under the Southern Neighborhood Economic and Investment Plan. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The EU sees economic reforms as key to unlocking the EUR 1.8 bn<\/strong> in investments pledged, the statement said. \u201cThe EU will continue to work with its partners to attract foreign investments in Egypt, including on clean technology and renewable energy \u2026 Continued progress will unlock both public and private investment.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Egypt <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/95254a02-0f1f-4adc-a493-30f9aa484aa6\/egypt-receives-first-eur-1-bn-tranche-under-macro-financial-assistance-package-from-the-eu\" style=\"\" rel=\"noopener\">received the first EUR 1 bn<\/a> of a wider EUR 5 bn macro-financial assistance package late December and is expected to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/032883a5-975e-4bca-84cd-3e330e4876a7\/it%25e2%2580%2599s-the-fifth-and-final-day-of-davos-2025#:~:text=Egypt%20expects%20to,back%20in%20March.\" style=\"\" rel=\"noopener\">finalize its agreement<\/a> with the EU to receive the remaining EUR 4 bn by June. <\/p>\n<p class=\"tag-border-left\">SHAPING THE NEW PACT FOR THE MEDITERRANEAN- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why was \u0160uica in town? <\/strong>The commissioner was in Egypt to \u201creaffirm the EU\u2019s commitment in supporting Egypt at this pivotal moment \u2026 and present her vision for the New Pact for the Mediterranean.\u201d In addition to her meeting with El Sisi, she held talks with Prime Minister Moustafa Madbouly and Foreign Minister Badr Abdelatty. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Her <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.facebook.com\/share\/p\/1PzQFr2ZNF\/\" style=\"\" rel=\"noopener\">meeting with El Sisi<\/a><\/strong> saw her emphasize the importance of the relationship between Egypt and the EU and the importance of boosting trade and investment cooperation. The two sides also discussed the issue of illegal immigration and the need to address its root causes as well as the latest regional developments \u2014 namely in Gaza, Libya, Syria, and Sudan.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Meanwhile, her <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02C4UUbdUkFqXY6MMyCKyXCuJK2qcJrRjbAcE6FARWUqfGptoDgceDvQKHwj47koLNl\" style=\"\" rel=\"noopener\">meeting with Abdelatty<\/a><\/strong> saw the minister push for the approval of the second EUR 4 bn macro-financial assistance package, pitch the Suez Canal Economic Zone as a key investment hub, and highlight Egypt\u2019s role in European energy security. Abdelatty highlighted Egypt\u2019s readiness to attract more European investments.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And during her<\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02WpeJs1f8XkYx8c2WsJSEq5gKopcMM4GGYXsyKHu89d8ZSeNoo9JeBi4sbJXZJSuBl?rdid=QtPnOCl3wUWI0r1E#\" style=\"\" rel=\"noopener\">meeting with Madbouly<\/a><\/strong>, the prime minister urges the EU to step up \u2014 not just with more funds \u2014 but with deeper investment ties, especially in green hydrogen, renewables, and tech. \u0160uica, for her part, underscored the EU\u2019s commitment to deepening ties with Egypt, citing ongoing efforts to maximize the benefits of the strategic partnership agreement signed last year. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>On Gaza: <\/strong>Madbouy and \u0160uica voiced the two sides\u2019 readiness to work together to bring Egypt\u2019s Gaza reconstruction plan to life.<\/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\/abdel-fattah-el-sisi\/\">Abdel Fattah El Sisi<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/diplomacy\/\">DIPLOMACY<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/eu\/\">EU<\/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                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<section id=\"661639\" 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=\"661639\">\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\">Startup watch<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/03\/03\/local-femtech-startup-motherbeing-gets-usd-200k-in-pre-seed-funding-from-madica\/\">\r\n                            Local femtech startup Motherbeing gets USD 200k in pre-seed funding from Madica                        <\/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\/03\/03\/local-femtech-startup-motherbeing-gets-usd-200k-in-pre-seed-funding-from-madica\/\" 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\/03\/03\/local-femtech-startup-motherbeing-gets-usd-200k-in-pre-seed-funding-from-madica\/')\">\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\/03\/03\/local-femtech-startup-motherbeing-gets-usd-200k-in-pre-seed-funding-from-madica\/\">\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=Local femtech startup Motherbeing gets USD 200k in pre-seed funding from Madica&url=https:\/\/enterpriseam.com\/egypt\/2025\/03\/03\/local-femtech-startup-motherbeing-gets-usd-200k-in-pre-seed-funding-from-madica\/\">\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\/03\/03\/local-femtech-startup-motherbeing-gets-usd-200k-in-pre-seed-funding-from-madica\/&title=Local femtech startup Motherbeing gets USD 200k in pre-seed funding from Madica\">\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=Local+femtech+startup+Motherbeing+gets+USD+200k+in+pre-seed+funding+from+Madica+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2025%2F03%2F03%2Flocal-femtech-startup-motherbeing-gets-usd-200k-in-pre-seed-funding-from-madica%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\/03\/03\/local-femtech-startup-motherbeing-gets-usd-200k-in-pre-seed-funding-from-madica\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1023.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"661640\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2025\/03\/03\/local-femtech-startup-motherbeing-gets-usd-200k-in-pre-seed-funding-from-madica\/1023-jpg-24\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1023.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1023.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1023.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/10\/1023.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-661639\" class=\"content-area-description single-story post-661639 post type-post status-publish format-standard has-post-thumbnail hentry category-startup-watch tag-enterpriseam tag-femtech tag-startup-watch 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\/3\/.b1b3a6c0-f013-4903-a12b-a0e895b3ca01.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Motherbeing secures USD 200k in pre-seed funding for reproductive health<\/strong><strong> app: <\/strong>Local startup <a target=\"_blank\" href=\"https:\/\/motherbeing.com\/en\" style=\"\" rel=\"noopener\">Motherbeing<\/a> was chosen as one of four early-stage startups to receive an investment of up to USD 200k and 18 months of support from Africa-focused pre-seed investment program Madica, according to a <a target=\"_blank\" href=\"https:\/\/www.madica.vc\/blog\/madica-welcomes-new-startups-to-its-investment-program-expands-north-african-footprint\" style=\"\" rel=\"noopener\">statement<\/a> by the investor. <\/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 investment comes as part of the program\u2019s North Africa debut<\/strong>, which will see it invest in three startups in Morocco, Tunisia, and Tanzania. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>About Motherbeing: <\/strong>Motherbeing is a femtech platform that was founded by Nour Emam (<a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/in\/nourmemam\/?originalSubdomain=eg\" style=\"\" rel=\"noopener\">LinkedIn<\/a>) in 2020 to provide Arab women with educational programs, digital health solutions, and now AI-chat assistance to address reproductive health needs. The startup recently launched Daleela by Motherbeing, an AI-powered women\u2019s health app.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Motherbeing\u2019s value-added: <\/strong>\u201cThe startup recognized the absence of adequate support for reproductive health, maternal care, and holistic wellness, particularly in regions where misinformation and stigmas persist,\u201d Madica investment associate Francis Vesta told EnterpriseAM. \u201cThis unmet need aligns with Madica\u2019s mission to back startups that are solving urgent challenges with significant social impact potential.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>High mobile penetration is a big selling point for health tech investors:<\/strong> Egypt has one of the highest mobile phone penetration rates, reaching around 95% with around 100 mn connections, Vesta noted, making it a particularly good candidate for health tech sector investment. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Daleela aims to be an early mover in a relatively underdeveloped sector: <\/strong>\u201cWe believe that Egypt\u2019s healthcare system is long overdue for technological disruption, especially when compared to more developed industries like fintech,\u201d Daleela\u2019s co-founder and CEO Yousef El Sammaa told EnterpriseAM. \u201cThe time for change is now, and we aim to be one of the leading companies driving this transformation in Egypt and the broader region,\u201d he added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The startup plans to use the funding to further develop its app<\/strong>, with a particular focus on its AI-powered medical diagnosis system, El Sammaa told us. The program will also provide the startup with 18 months of support, coaching, and access to international markets and partnerships to garner further financing and help scale up the project. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s next for Motherbeing? <\/strong>The company has plans to kick off a regional expansion, starting with the Saudi market and later the rest of the GCC, by leveraging the over 30% of its user base that lives outside Egypt, El Sammaa told us. The app aims to expand its user base to 500k by the end of the year, up from 70k currently.<\/p>\n<p class=\"tag-border-left\">STAKPAK CLOSES USD 500K ROUND- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AI-powered DevOps startup <\/strong><strong><a target=\"_blank\" href=\"https:\/\/stakpak.dev\/\" style=\"\" rel=\"noopener\">Stakpak<\/a><\/strong><strong> has closed a USD 500k round<\/strong>, led by P1 Investment, with participation from InstaBug co-founders Omar Gabr and Moataz Soliman, and Sanabil 500, founder and CEO George Fahmy told <a target=\"_blank\" href=\"https:\/\/almalnews.com\/%d8%b3%d8%aa%d8%a7%d9%83-%d8%a8%d8%a7%d9%83-%d8%aa%d8%ba%d9%84%d9%82-%d8%ac%d9%88%d9%84%d8%a9-%d8%aa%d9%85%d9%88%d9%8a%d9%84%d9%8a%d8%a9-%d8%a8%d9%82%d9%8a%d9%85%d8%a9-500-%d8%a3%d9%84\/\" style=\"\" rel=\"noopener\">Al Mal<\/a>. The company plans to use the funding to expand into the US and scale its platform \u2014 which facilitates software infrastructure setup, maintenance, and management. <\/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\/femtech\/\">Femtech<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/startup-watch\/\">Startup watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/startups\/\">startups<\/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=\"661641\" 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=\"661641\">\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\">DEBT WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/03\/03\/valu-raises-egp-463-3-mn-in-its-first-securitized-bond-issuance-of-the-year\/\">\r\n                            Egyptian fintech Valu raises EGP 463.3 mn in its first securitized bond issuance of the year                        <\/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\/03\/03\/valu-raises-egp-463-3-mn-in-its-first-securitized-bond-issuance-of-the-year\/\" 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\/03\/03\/valu-raises-egp-463-3-mn-in-its-first-securitized-bond-issuance-of-the-year\/')\">\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\/03\/03\/valu-raises-egp-463-3-mn-in-its-first-securitized-bond-issuance-of-the-year\/\">\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=Valu raises EGP 463.3 mn in its first securitized bond issuance of the year&url=https:\/\/enterpriseam.com\/egypt\/2025\/03\/03\/valu-raises-egp-463-3-mn-in-its-first-securitized-bond-issuance-of-the-year\/\">\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\/03\/03\/valu-raises-egp-463-3-mn-in-its-first-securitized-bond-issuance-of-the-year\/&title=Valu raises EGP 463.3 mn in its first securitized bond issuance of the year\">\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=Valu+raises+EGP+463.3+mn+in+its+first+securitized+bond+issuance+of+the+year+https%3A%2F%2Fenterpriseam.com%2Fegypt%2F2025%2F03%2F03%2Fvalu-raises-egp-463-3-mn-in-its-first-securitized-bond-issuance-of-the-year%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\/03\/03\/valu-raises-egp-463-3-mn-in-its-first-securitized-bond-issuance-of-the-year\/\">\r\n                    <div class=\"photo photo--above\">\r\n                        <img decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/1612.jpg?fit=1568%2C9999&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"661642\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2025\/03\/03\/valu-raises-egp-463-3-mn-in-its-first-securitized-bond-issuance-of-the-year\/1612-jpg-11\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/1612.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1612.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/1612.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/11\/1612.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-661641\" class=\"content-area-description single-story post-661641 post type-post status-publish format-standard has-post-thumbnail hentry category-debt-watch tag-debt tag-debt-watch tag-efg-hermes tag-enterpriseam tag-fintech tag-securitization tag-valu 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\/3\/.29135bd5-b9dd-4aa7-b15d-4cf410725bec.mp3\"><\/audio><\/figure>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Valu <\/strong><strong>closed a EGP 463.3 mn securitization issuance <\/strong>as part of a wider EGP 16.0 bn program, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/3\/96.pdf\" style=\"\" rel=\"noopener\">statement (pdf)<\/a>. The bonds, backed by a receivables portfolio, were Prime 1-rated and had a 12-month tenor with a fixed interest rate.<\/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>Issuance 4.0: <\/strong>This is the fourth <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3a3a9574-a83e-4476-b216-7cb9fb76689e\/%253cmark%253evalu%253c%2Fmark%253e,-one-finance-close-fresh-securitization-rounds\" style=\"\" rel=\"noopener\">issuance<\/a> of the current program which began in August 2024, the local fintech firm\u2019s 14th ever securitized bond issuance, and its first of the year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Who bought in? <\/strong>Bank ABC was among those that subscribed to the issuance, while EFG Hermes and Suez Canal Bank were underwriters.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Advisors: <\/strong>Our friends at EFG Hermes also acted as the sole financial advisor, transaction manager, bookrunner, and arranger. Suez Canal Bank was the issuance\u2019s placement agent, Arab African International Bank acted as the custodian bank, Dreny & Partners provided legal advisory, and Baker Tilly was the auditor.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they said: <\/strong>\u201cThis issuance marks another milestone in our strategic partnership with EFG Hermes as we continue to strengthen our capital structure and fuel our expansion plans. Accessing diversified funding avenues through securitization enables us to further scale our offerings, deliver cutting-edge solutions to our customers, and sustain our leadership position in the fintech space,\u201d said Valu CFO Shokry Bidair.<\/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\/debt-watch\/\">debt watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/efg-hermes\/\">EFG Hermes<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/fintech\/\">Fintech<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/securitization\/\">securitization<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/valu\/\">ValU<\/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=\"661643\" 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=\"661643\">\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\">EARNINGS WATCH<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/03\/03\/egx30-newbie-eipicos-net-income-rises-33-2-y-o-y-in-2024\/\">\r\n                            EGX30 newbie Eipico\u2019s net income rises 33.2% 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\/03\/03\/egx30-newbie-eipicos-net-income-rises-33-2-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(); 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The firm also posted a 45.1% y-o-y increase in revenues, which came in at EGP 7.6 bn for the year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Eipico was <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a84e2e76-eafa-46a2-8f1f-95163724aa55\/orascom-development,-rameda,-egyptalum,-ibn-sina-pharma,-qalaa-holdings,-and-eipico-join-egypt%e2%80%99s-egx30-after-index-review\" style=\"\" rel=\"noopener\">recently added<\/a> to the EGX30, alongside Orascom Development, Rameda, EgyptAlum, Ibn Sina Pharma, and Qalaa Holdings, as part of the EGX\u2019s most recent semi-annual review.<\/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>Breaking it down:<\/strong> The company\u2019s sales in the domestic market rose 40.4% y-o-y to EGP 4.4 bn and exports registered a 57.1% y-o-y increase to EGP 2.5 bn, according to the board of directors\u2019 <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/3\/75.pdf\" style=\"\" rel=\"noopener\">report (pdf)<\/a>. Also helping push net income up was a 401.3% increase in FX gains to EGP 699.9 mn. Biting into the bottom line were marketing expenses rising 41.1% y-o-y to EGP 915 mn and financing expenses rising 135.5% y-o-y to EGP 960.1 mn.<\/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\/earnings-watch\/\">earnings watch<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/eipico\/\">Eipico<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/pharma\/\">pharma<\/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=\"661645\" 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=\"661645\">\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\">Moves<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/03\/03\/contact-financial-names-john-mofid-saad-as-managing-director\/\">\r\n                            Contact Financial names John Mofid Saad as managing director                        <\/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\/03\/03\/contact-financial-names-john-mofid-saad-as-managing-director\/\" 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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Saad succeeds former CEO and managing director Said Zater, who <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/4d92e54d-78eb-4c46-918f-e3a6a1b9534d\/%253cmark%253econtact-financial%253c%2Fmark%253e-ceo-said-zater-resigns\" style=\"\" rel=\"noopener\">assumed<\/a> a new role as vice chairman of the group\u2019s board and board advisor last week.<\/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\/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          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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\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=\"661648\" 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=\"661648\">\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\">Also on our Radar<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/03\/03\/ci-capital-compass-launch-egypts-first-onshore-private-equity-fund\/\">\r\n                            CI Capital, Compass launch Egypt\u2019s first onshore private equity fund                        <\/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\/03\/03\/ci-capital-compass-launch-egypts-first-onshore-private-equity-fund\/\" target=\"_blank\">\n                    Open in new tab                    <!-- <img decoding=\"async\" src=\"assets\/media\/placeholder\/svg\/new-tab.svg\" alt=\"\"> -->\n     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size-post-thumbnail wp-post-image\" alt=\"\" data-attachment-id=\"661649\" data-permalink=\"https:\/\/enterpriseam.com\/egypt\/2025\/03\/03\/ci-capital-compass-launch-egypts-first-onshore-private-equity-fund\/1152-jpg-8\/\" data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1152.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1152.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1152.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1152.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-661648\" class=\"content-area-description single-story post-661648 post type-post status-publish format-standard has-post-thumbnail hentry category-also-on-our-radar tag-also-on-our-radar tag-automotive tag-capital-markets tag-ci-capital tag-construction tag-data-centers tag-enterpriseam tag-iraq tag-non-banking-financial-services tag-smes 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_408146\"\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\/408144.svg\" alt=\"\" class=\"wp-image-408144\"\/><\/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\/3\/.0e7fa9d8-3e60-4bbd-bf31-e75ebadf55af.mp3\"><\/audio><\/figure><p class=\"tag-border-left\">CAPITAL MARKETS-<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>CI C<\/strong><strong>apital and Compass Capital have officially launched their C3 Capital <\/strong><strong>Fund 1<\/strong>, Egypt\u2019s first onshore private equity fund, after receiving the green light from the Financial Regulatory Authority, according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/3\/123.pdf\" style=\"\" rel=\"noopener\">joi<\/a><a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/3\/123.pdf\" style=\"\" rel=\"noopener\">nt state<\/a><a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/3\/123.pdf\" style=\"\" rel=\"noopener\">ment (pdf)<\/a>. The fund, which targets EGP 3 bn at final close, will take active positions in EGX-listed companies through a private investments in public equities strategy.<\/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>REFRESHER-<\/strong> The fund <a target=\"_blank\" 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%253cmark%253e-capital%253c%2Fmark%253e-%2B-ci%253cmark%253e-capital%253c%2Fmark%253e,-green-coast,-edafa,-orascom-pyramids-entertainment,-bank-nxt-%2B-mindgate-solutions#:~:text=%231%2D%20FRA%20studying,received%20FRA%20approval.%22\" style=\"\" rel=\"noopener\">will take 10-33% stakes in EGX-listed firms<\/a>, securing board seats and driving short- to medium-term growth. Backers include Banque Misr, CIB, Suez Canal Bank, Misr Life Ins., and Midbank.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Advisors: <\/strong>CI Investment Banking (CIIB) advised on the transaction, while Zaki Hashem &amp; Partners and Zulficar &amp; Partners served as legal counsel.<\/p><p class=\"tag-border-left\">EXPANSION<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Alsh<\/strong><strong>ams for Contracting<\/strong> <strong>is eyeing<\/strong><strong> USD 120 mn worth of projects in Iraq<\/strong>, Chairman Shams El Din Youssef told <a target=\"_blank\" href=\"https:\/\/www.alborsaanews.com\/2025\/03\/01\/1872719\" style=\"\" rel=\"noopener\">Al Borsa<\/a>. Some of the projects under study are a 100-bed hospital for the Iraqi Health Ministry with an investment ticket of USD 70 mn and a 1k-unit residential complex valued at USD 50 mn, Youssef said.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>Contractors and construction companies are <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/5e95a939-7f25-45dc-b1d1-3198c176d6a2\/local-construction-firms-are-expanding-abroad-%25e2%2580%2594-where-are-they-expanding-to-and-what-obstacles-are-they-facing%3F\" style=\"\" rel=\"noopener\">increasingly looking outside<\/a> Egypt for projects as the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/4286f10b-5618-426b-87de-d53d22d9591a\" style=\"\" rel=\"noopener\">EGP 1 tn cap<\/a> on public investments continues to take its toll on available state-led projects. Iraq has been seen as a promising market for the sector to tap, with industry insiders telling us last year that they expect demand from the country to exceed USD 500 bn over the next decade. Housing, electricity grids, and drinking water projects are particularly in demand.<\/p><p class=\"tag-border-left\">INVESTMENT- <\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Intro <\/strong><strong>Group plans to lau<\/strong><strong>nch the first phase of its <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/bf40d6de-ef5c-4da4-a460-91ac497186b4\/intro-tech-and-oman%253cmark%253e-data%253c%2Fmark%253e-park-to-establish-a-usd-450-mn%253cmark%253e-data%253c%2Fmark%253e%253cmark%253e-center%253c%2Fmark%253e\" style=\"\" rel=\"noopener\">Kemet Data Center<\/a><\/strong><strong> project in the Suez <\/strong><strong>Canal Economic Zone (SCZone) next year<\/strong>, Intro Group\u2019s managing partner Ayman Mamdouh Abbas told <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/share\/p\/1DfQ6NvLyt\/\" style=\"\" rel=\"noopener\">Asharq Business<\/a>. The first phase will see USD 150 mn in investments. <\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What we already know:<\/strong> The project will include four phases each with a capacity of 20 MW and will have a final price tag of USD 1 bn, the company\u2019s representatives <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f860d3b9-f478-41ab-b458-50efb867c732\/%253cmark%253ekemet-data-center%253c%2Fmark%253e-secures-land-under-usufruct-agreement\" style=\"\" rel=\"noopener\">said in November<\/a>. The first phase will see Intro develop a capacity for 2.5k data transport cabinets and an electrical capacity of 20 MW. The project is expected to be fully completed by the end of 2030.<\/p><p class=\"tag-border-left\">AUTOMOTIVE-<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- A car window regulator plant incoming?<\/strong> The Industry Ministry is in early discussions with local and foreign investors to establish a factory for automotive window regulators, <a target=\"_blank\" href=\"https:\/\/almalnews.com\/premium\/%d8%a7%d9%84%d8%b5%d9%86%d8%a7%d8%b9%d8%a9-%d8%aa%d8%a8%d8%ad%d8%ab-%d9%85%d8%b9-%d9%85%d8%b3%d8%aa%d8%ab%d9%85%d8%b1%d9%8a%d9%86-%d9%85%d8%b5%d8%b1%d9%8a%d9%8a%d9%86-%d9%88%d8%a3%d8%ac\/\" style=\"\" rel=\"noopener\">Al<\/a><a target=\"_blank\" href=\"https:\/\/almalnews.com\/premium\/%d8%a7%d9%84%d8%b5%d9%86%d8%a7%d8%b9%d8%a9-%d8%aa%d8%a8%d8%ad%d8%ab-%d9%85%d8%b9-%d9%85%d8%b3%d8%aa%d8%ab%d9%85%d8%b1%d9%8a%d9%86-%d9%85%d8%b5%d8%b1%d9%8a%d9%8a%d9%86-%d9%88%d8%a3%d8%ac\/\" style=\"\" rel=\"noopener\">M<\/a><a target=\"_blank\" href=\"https:\/\/almalnews.com\/premium\/%d8%a7%d9%84%d8%b5%d9%86%d8%a7%d8%b9%d8%a9-%d8%aa%d8%a8%d8%ad%d8%ab-%d9%85%d8%b9-%d9%85%d8%b3%d8%aa%d8%ab%d9%85%d8%b1%d9%8a%d9%86-%d9%85%d8%b5%d8%b1%d9%8a%d9%8a%d9%86-%d9%88%d8%a3%d8%ac\/\" style=\"\" rel=\"noopener\">al<\/a> reports citing informed sources. Most of the factory\u2019s output will go to local car assemblers and a portion will be allocated for export at a later stage. The project\u2019s groundwork is set to start before the end of 1Q 2025, once investment details, production lines, and marketing plans are finalized. <\/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- Two EVs enter the local scene: <\/strong>Chinese EV maker Zeekr\u2019s local agent Egyptian International Motors has launched two of its EV models \u2014 the Zeekr 001 and Zeekr X \u2014 in Egypt, <a target=\"_blank\" href=\"https:\/\/www.alborsaanews.com\/2025\/03\/02\/1872992\" style=\"\" rel=\"noopener\">Al Borsa<\/a> reports. The company has priced the Zeekr 001 between EGP 2.7-3.3 mn, while the Zeekr X starts at EGP 2.1 mn. <\/p><p class=\"tag-border-left\">NBFS-<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Our frien<\/strong><strong>ds at <\/strong><strong>Beltone Holding\u2019s <\/strong><strong>Beltone SME<\/strong><strong>s have joined the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.smefinanceforum.org\/about\/what-we-do\" style=\"\" rel=\"noopener\">SME Finance Forum<\/a><\/strong> \u2014 a global group of companies working in SME finance managed by the World Bank\u2019s private sector-focused International Finance Corporation (IFC) \u2014 according to a <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/3\/103.pdf\" style=\"\" rel=\"noopener\">statement (pdf)<\/a> from the company. The forum has over 300 companies under its wings from 190 different nations with the stated aim of expanding access to finance across the globe.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What they said: <\/strong>\u201cJoining the SME Finance Forum represents a strategic step that reinforces our commitment to enhancing financial inclusion and supporting economic growth. Through this partnership, we will have the opportunity to benefit from strong visions, partnerships, and modern innovations that will enhance our ability to empower SMEs in Egypt,\u201d said Beltone SMEs CEO Ashraf Abdel Fattah.<\/p>\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\/automotive\/\">automotive<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/capital-markets\/\">capital markets<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/ci-capital\/\">CI Capital<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/construction\/\">construction<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/data-centers\/\">Data Centers<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/iraq\/\">Iraq<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/non-banking-financial-services\/\">non-banking financial services<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/smes\/\">SMEs<\/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=\"661650\" class=\"issue-section markets\">\n<div class=\"issue-section__content\">\n<div class=\"stories\">            <!-- Show divider before story section -->\r\n        <div \r\n            class=\"\r\n                story-section            \"\r\n            id=\"661650\">\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\">PLANET FINANCE<\/p>\r\n                    <h3 class=\"story-title\">\r\n                        <a href=\"https:\/\/enterpriseam.com\/egypt\/2025\/03\/03\/investors-look-to-emerging-markets-for-tariff-safe-assets\/\">\r\n                            Investors look to emerging markets for tariff-safe assets                        <\/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\/03\/03\/investors-look-to-emerging-markets-for-tariff-safe-assets\/\" 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\" 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data-orig-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1534.jpg?fit=%2C&amp;ssl=1\" data-orig-size=\"\" data-comments-opened=\"0\" data-image-meta=\"[]\" data-image-title=\"1534.jpg\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1534.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1534.jpg?fit=1024%2C1024&amp;ssl=1\" \/>                    <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-661650\" class=\"content-area-description single-story post-661650 post type-post status-publish format-standard has-post-thumbnail hentry category-planet-finance tag-enterpriseam tag-financial-markets tag-investment-watch tag-planet-finance wpautop entry\">\n\n\t\n\t<div class=\"entry-content\">\n\n\t\t\n\t\t<aside>\t\t\t<div\r\n\t\t\t\t\t\t\t\tclass=\"newspack-popup-container newspack-popup hidden  newspack-inline-popup  newspack-lightbox-no-border   \"\r\n\t\t\t\trole=\"button\"\r\n\t\t\t\ttabindex=\"0\"\r\n\t\t\t\tstyle=\"background-color:#FFFFFF;color:#000\"\r\n\t\t\t\tid=\"id_408150\"\r\n\t\t\t\tdata-segments=\"\"\r\n\t\t\t\tdata-frequency=\"0,0,0,month\"\r\n\t\t\t>\r\n\t\t\t\t\n<div class=\"wp-block-group has-light-gray-background-color has-background\" style=\"padding-top:0px;padding-right:0px;padding-bottom:0px;padding-left:0px\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-container-core-group-is-layout-ef38739e wp-block-group-is-layout-constrained\">\n<div class=\"wp-block-group is-content-justification-center is-nowrap is-layout-flex wp-container-core-group-is-layout-94bc23d7 wp-block-group-is-layout-flex\"><div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408151.svg\" alt=\"\" class=\"wp-image-408151\"\/><\/figure>\n<\/div><\/div>\n<\/div><\/div>\n\t\t\t<\/div>\r\n\t\t<\/aside>\n<figure class=\"wp-block-audio mb-0\"><audio controls preload=\"metadata\" src=\"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/3\/.b643d4e9-6860-4f1e-90c3-9a6825b9fa6d.mp3\"><\/audio><\/figure><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>Investors seek assets safe from US tariffs:<\/strong> As US President Donald Trump\u2019s tariff agenda continues to loom large, investors are looking to emerging markets as an option to hedge their investments safely away from developed markets threatened with trade levies, <a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-03-02\/investors-are-scouring-emerging-markets-for-trump-proof-bets\" style=\"\" rel=\"noopener\">Bloomberg<\/a> reports. Countries non-reliant on trading with the US \u2014 and with strong domestic stories and benchmark indexes \u2014 are now seen as a safer investment. <\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Different economies offer various domestic market strongpoints<\/strong>. China\u2019s recent AI market disruptor DeepSeek, which rattled US tech stock <a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\/news\/story\/4a073ab0-c58f-4de9-aa2f-e6ed2b0e6409\/chinese-ai-model-threatens-us-dominance-with-a-fraction-of-the-cost\" style=\"\" rel=\"noopener\">earlier this year<\/a>, triggered an investment surge in domestic companies using homegrown AI software. Dubai\u2019s foreign worker influx boosted its benchmark index to a record high in February, while Latin American countries like Brazil are stepping in as alternatives to trade originally coming from Mexico.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Stable emerging economies pegged to the greenback are especially attractive<\/strong> as they enjoy the security that comes with a strong USD peg without being exposed to any foreign exchange risk, the business news information service quotes Cheyne Capital\u2019s Carl Tohme as saying. The UAE, Saudi Arabia and Qatar were identified as prime examples. Government backing in many of these markets also provides another layer of security, it said.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This has been going on for a while:<\/strong> January saw \u201can emerging market buying spree,\u201d with portfolio flows to emerging markets hitting USD 35.4 bn \u2014 the majority of which came from debt flows, signaling \u201cinvestor preference for the relative stability of fixed-income instruments amid persistent geopolitical uncertainty, US monetary policy risks, and global economic headwinds,\u201d according to an Institute of International Finance report cited by <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/markets\/investors-went-january-emerging-market-buying-spree-report-shows-2025-02-18\/\" style=\"\" rel=\"noopener\">Reuters<\/a> earlier this year. <\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This comes in stark contrast to European markets<\/strong> which recently took a hit after Trump threatened a 25% levy on EU imports, targeting vehicles specifically, the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/02479458-3dee-49fe-b25d-78dd9f01f049\" style=\"\" rel=\"noopener\">Financial Times<\/a> reported. Major auto manufacturing players including Volkswagen and Ferrari saw their stock fall by up to 7.9%.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>However, this reorientated focus isn\u2019t completely foolproof <\/strong>\u2014 emerging market assets saw a slump at the end of last month, an indication that even those assets are not immune to the impacts of a potential tariff escalation, Bloomberg said.<\/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 in the green this morning<\/strong>, with Japan\u2019s Nikkei leading gains at 1.09%, and Hong Kong\u2019s Hang Seng trailing closely with a 0.65% rise. South Korean markets are closed for a public holiday. Meanwhile, on Wall Street, futures are up slightly as investors await more clarity on the US\u2019 tariff plans this week. <\/p><div class=\"stock-ticker-panel\">\n<table class=\"table stock-ticker-table markets-table\">\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>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\">30,858<\/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\">+0.8% (YTD: +3.8%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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 50.59<\/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 50.72<\/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 (CIB)<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">Buy 50.60<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">Sell 50.70<\/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\">12,035<\/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: 0.0%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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\">9,565<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-0.5% (YTD: +1.6%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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\">5,318<\/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\">-0.8% (YTD: +3.1%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>S&amp;P 500<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">5,955<\/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\">+1.6% (YTD: +1.2%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-up\">\n<td class=\"td-list-up\">\n<p><svg class=\"e-icon e-TypeMarkets11\"><use xlink:href=\"#e-TypeMarkets11\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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\">8,810<\/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: +7.8%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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\">5,464<\/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: +11.6%)<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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 72.81<\/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\">-1.0%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>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 3.83<\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">-2.5%<\/p>\n<\/td>\n<\/tr>\n<tr class=\"tr-row-down\">\n<td class=\"td-list-down\">\n<p><svg class=\"e-icon e-TypeMarkets1\"><use xlink:href=\"#e-TypeMarkets1\"><\/use><\/svg><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Gold<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 2,849<\/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\">-1.6%<\/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>BTC<\/strong><\/p>\n<\/td>\n<td colspan=\"1\" rowspan=\"1\" style=\"border-right-style:solid;padding:5pt 5pt 5pt 5pt;border-bottom-border-top-width:1pt;border-right-width:1pt;border-left-border-right-border-left-width:1pt;border-top-style:solid;border-left-style:solid;border-bottom-width:1pt;width:139.2pt;border-top-border-bottom-style:solid\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">USD 94,072<\/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\">+9.3% (YTD: +0.4%)<\/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 rose 0.8% at <\/strong><strong>yesterday\u2019s<\/strong><strong> close<\/strong> on turnover of EGP 2.6 bn (27.6% below the 90-day average). Local investors were the sole net buyers. The index is up 3.8% YTD.<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the green:<\/strong> Fawry (+4.4%), Egypt Kuwait Holding -EGP (+3.3%), and Orascom Development (+3.2%).<\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In the red:<\/strong> Juhayna (-1.6%), Edita (-1.6%), and Oriental Weavers (-1.4%).<\/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>Faisal I<\/strong><strong>slamic Bank will distribute a dividend of USD 0.06 per share<\/strong> for shares issued in USD and EGP 3.0503 per share for shares issued in EGP for its 2024 earnings, according to an <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/3\/105.pdf\" style=\"\" rel=\"noopener\">EGX disclosure (pdf)<\/a>. <\/p><p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Middle<\/strong><strong> East Glass Manufacturing\u2019<\/strong><strong>s board approved a proposal to distribute EGP 409.6 <\/strong><strong>mn in<\/strong> <strong>dividends for its 2024 earnings at EGP 6.54 per share<\/strong>, according to an <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/3\/99.pdf\" style=\"\" rel=\"noopener\">EGX disclosure (pdf)<\/a>. The proposal is pending final approval by the company\u2019s ordinary general assembly.<\/p>\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\/financial-markets\/\">Financial Markets<\/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\/planet-finance\/\">Planet Finance<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n            <\/div>\r\n        <\/div> <!-- \/.story -->\r\n    \n    \n\n    <\/div>\n<\/div>\n<\/section>\n<div class=\"alignfull vertical-section wide-section blackboard wp-block-group issue-section\" id=\"661652\">\r\n    <div class=\"issue-section__content\">\r\n        <div class=\"alignwide wp-block-columns\">\r\n            <div class=\"wp-block-column sidebar-vertical-info\" style=\"flex-basis:22.8%\">\r\n                <figure class=\"wp-block-image size-full\">\r\n                                            <img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27466.svg\" style=\"width:80%\" alt=\"\" >\r\n                                    <\/figure>\r\n                <p>\r\n                    Our weekly deep dive into education in Egypt, from K-12 to post-secondary.                <\/p>\r\n                <figure class=\"wp-block-image size-full mt-0 mb-0 img-white-bg\"><img decoding=\"async\" src=\"https:\/\/s3.amazonaws.com\/resources.inktankir.com\/internal\/27480.svg\" alt=\"\"><\/figure>\r\n                <p class=\"has-text-color has-link-color\">\r\n                    Published every Monday in EnterpriseAM.                <\/p>\r\n                <div class=\"wp-block-buttons mt-0\">\r\n                    <div class=\"wp-block-button\">\r\n                        <a class=\"wp-block-button__link has-background wp-element-button\" href=\"https:\/\/enterpriseam.com\/egypt\/blackboard\/\">\r\n                            Read Blackboard                        <\/a>\r\n                    <\/div>\r\n                <\/div>\r\n            <\/div>\r\n            <div class=\"wp-block-column issue-section\">\r\n                <div class=\"story-section\">\r\n                    <div class=\"issue-story-header text-center\">\r\n                        <div class=\"index-number\">12<\/div>\r\n\r\n                        <p class=\"f-graphik\">BLACKBOARD<\/p>\r\n                        <h3 class=\"story-title\"><a href=\"https:\/\/enterpriseam.com\/egypt\/blackboards\/egyptian-universities-are-opening-up-shop-abroad\/\">\r\n                            Egyptian universities are opening up shop abroad<\/a>\r\n                        <\/h3>\r\n                        \r\n\t\t\t\t\t\n<div class=\"cta\">\n    <div class=\"cta__btn share-dropdown-cta dropdown-toggle-btn\" style=\"position:relative\">\n        <img decoding=\"async\" src=\"https:\/\/ent.news\/internal\/408834.svg\" alt=\"\">\n        Share Story\n        <!-- Dropdown Menu -->\n        <ul class=\"share-menu\">\n            <li class=\"list-inline-item\">\n                <a href=\"https:\/\/enterpriseam.com\/egypt\/blackboards\/egyptian-universities-are-opening-up-shop-abroad\/\" 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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Cairo University has already secured approvals to open branches in Qatar\u2019s Doha and Saudi Arabia\u2019s Riyadh, while talks are ongoing for the university to establish a branch at the UAE\u2019s Ajman University, a source from Cairo University told EnterpriseAM.<\/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>Cairo University\u2019s foray into the Gulf may only be the start:<\/strong> Alongside Cairo University, Alexandria University and Ain Shams University are also working to ink agreements to open up branches abroad, our source told us. The Gulf may also not be the only destination, with Higher Education Ministry Spokesman Adel Abdel Ghaffar telling Ala Mas\u2019ouleety\u2019s Ahmed Moussa (<a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=V8f6paFM7HI\" style=\"\" rel=\"noopener\">watch, runtime: 2:04<\/a>) in January that the overseas branches will be in countries in Africa, Asia, and the Arab world, without specifying any particular country by name.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER-<\/strong> The government\u2019s plan to open Egyptian university branches abroad in its education export push <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/cee6cd57-d933-440f-9672-1312f2bb4829\/egyptian-universities-to-open-branches-abroad-in-education-export-push\" style=\"\" rel=\"noopener\">came to light at the start of the year<\/a> during a meeting between President Abdel Fattah El Sisi, Higher Education Minister Ayman Ashour, Education Minister Mohamed Abdel Latif, and Prime Minister Moustafa Madbouly.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The private sector is being tapped as an important partner for the project: <\/strong>Despite the move involving state-run universities, the move is being done in partnership with the private sector, with no financial burden on the state, according to the statement from January\u2019s high-level meeting that provided little to no other details on the new initiative.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Private universities want in too:<\/strong> Future University in Egypt (FUE) received an offer to open a postgraduate studies branch in the UAE, FUE President Ebada Sarhan told EnterpriseAM. This is not the first time Egypt has attempted to set up universities abroad, Sarhan said, adding that Cairo University previously operated a branch in Sudan\u2019s Khartoum, while Alexandria University currently operates one in Chad.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>F<\/strong><strong>oreign universities<\/strong><strong> are also opening up in Cairo: <\/strong>The government has been <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3e72ee19-178d-4c3f-9c3f-d83ee8262e84\/what-is-egypt-doing-to-push-more-international-unis-to-set-up-shop-at-home\" style=\"\" rel=\"noopener\">encouraging<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/3e72ee19-178d-4c3f-9c3f-d83ee8262e84\/what-is-egypt-doing-to-push-more-international-unis-to-set-up-shop-at-home\" style=\"\" rel=\"noopener\">international universities<\/a> to set up shop in Egypt as part of its plan to internationalize higher education, boost academic standards, attract investment, and position itself as a regional education hub. Egypt currently hosts nine international university branches, with plans for more in the coming years. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt\u2019s rise in university rankings over the last few years may have played a part in the<\/strong><strong> increased interest abroad: <\/strong>Egyptian universities have been climbing global rankings due to efforts to enhance academic programs to match international standards, Abdel Ghaffar told EnterpriseAM. To do this, the government has been <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/58fc1440-d54e-4dc3-ba12-366839a53682\/what-is-the-government%e2%80%99s-plan-to-improve-basic-and-higher-education-in-2025?\" style=\"\" rel=\"noopener\">ramping up efforts<\/a> to enhance its higher education system and global rankings by expanding its universities, forging global partnerships, and attracting private investment. To illustrate the importance of these rankings to the state, a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/06438f39-0351-4f4d-8d74-79c429d2f7ab\" style=\"\" rel=\"noopener\">target to increase the number of Egyptian universities<\/a> on the QS World University Rankings from 15 to 28 was explicitly mentioned as part of the plan for President Abdel Fattah El Sisi\u2019s third term by the Cabinet Information and Decision Support Center.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>This is particularly important for establishing<\/strong><strong> Egyptian universities\u2019 standing in the<\/strong><strong> region:<\/strong> Cairo University jumped to <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9ca73601-44e7-41eb-a7f9-c1dc0634d447\/the-sats-may-be-returning-to-egypt-in-2025,-alongside-new-regulations-to-prevent-exam-manipulation\" style=\"\" rel=\"noopener\">eighth place<\/a> in the latest Times Higher Education Arab university rankings, up from 28th place last year, marking the first time an Egyptian university made it to the regional top ten list.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Opening up branches abroad will only be good news for Egyptian universities standing <\/strong><strong>in the region and further afield:<\/strong> President of Badr University in Assiut Mostafa Kamal told EnterpriseAM that the expansion of Egyptian universities abroad is a major chance to enhance their global reputation, attract more students, and create new financial resources. He also stressed the importance of leveraging Egypt\u2019s strong academic expertise both locally and internationally to improve education quality, as the current curricula still require more development to meet global standards. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Getting foreign students to enroll in Egyptian universities in Egypt is also part of the <\/strong><strong>plan: <\/strong>The government is aiming to attract 200k foreign students to Egypt by 2030, targeting USD 2 bn in annual revenue, a source at the Higher Education Ministry <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/5155f888-0dc6-472c-a661-ab800249093c\/how-are-state-plans-to-increase-the-number-of%253cmark%253e-international%253c%2Fmark%253e-students-enrolled-in-state-universities-playing-out%3F\" style=\"\" rel=\"noopener\">previously told<\/a> EnterpriseAM. There are currently 130k international students enrolled in Egyptian universities, with the number expected to rise as universities climb up the ranks.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>So far, this has been pretty successful:<\/strong> International student enrollment in Egyptian universities has <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/5155f888-0dc6-472c-a661-ab800249093c\/how-are-egypt%e2%80%99s-plans-to-increase-the-number-of-international-students-enrolled-in-state-universities-playing-out?\" style=\"\" rel=\"noopener\">significantly increased<\/a> over the past few years as the government works to boost university rankings and enhance partnerships with international institutions. Egypt has attracted students from around 100 countries and is also utilizing its cultural offices abroad to attract more international students.<\/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\/blackboard\/\">Blackboard<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/education\/\">Education<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                            <a rel=\"tag\" href=\"https:\/\/enterpriseam.com\/egypt\/tag\/higher-education-ministry\/\">Higher Education Ministry<\/a>\n                <!-- <span class=\"sep\">,&nbsp;<\/span> -->\n                    <\/div>\n    <\/div>\n\r\n                    <\/div>\r\n                <\/div>\r\n            <\/div>\r\n            <div class=\"wp-block-column\" style=\"flex-basis:19.8%\"><\/div>\r\n        <\/div>\r\n    <\/div>\r\n<\/div>\n<section id=\"661654\" 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\/03\/03\/661654\/\">\r\n                    <div class=\"photo photo--above\">\r\n                                            <\/div>\r\n                <\/a>\r\n\r\n                \n<article id=\"post-661654\" class=\"content-area-description single-story post-661654 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;\">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>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;\">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;\">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:400;\">Business-to-business forum of Egyptian and Moroccan companies to promote bilateral trade, 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;\">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=\"\">, 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 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>1 May-10 July (Thursday-Tuesday): <\/span><span style=\"text-decoration-skip-ink:none;-webkit-text-decoration-skip:none;\"><a href=\"https:\/\/500.co\/founders\/egypt\/scale-up\" style=\"\">500 Global's Scale Up Program, Cairo<\/a><\/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\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>Funds from the EU | A chat with Mashreq Group CEO | World\u2019s largest green hydrogen plant?<\/p>\n","protected":false},"featured_media":661626,"menu_order":0,"template":"","categories":[],"tags":[],"class_list":["post-661625","issue","type-issue","status-publish","has-post-thumbnail","hentry","wpautop","entry"],"acf":{"mongo_id":"7b8e38db-c320-4e5a-832c-f3860d20c7c9","teaser":"Funds from the EU | A chat with Mashreq Group CEO | World\u2019s largest green hydrogen plant?","photo_url":"https:\/\/ent.news\/2025\/3\/167.jpg"},"yoast_head":"<!-- This site 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