{"id":661167,"date":"2025-02-24T00:00:00","date_gmt":"2025-02-24T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/24\/more-industrial-land-up-for-grabs-next-week\/"},"modified":"2025-02-24T00:00:00","modified_gmt":"2025-02-24T00:00:00","slug":"more-industrial-land-up-for-grabs-next-week","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/02\/24\/more-industrial-land-up-for-grabs-next-week\/","title":{"rendered":"More industrial land up for grabs next week"},"content":{"rendered":"

Good morning, all.<\/strong> We have a brisk issue for you this morning to ring in one of the last work days before Ramadan comes along.<\/p>\n

PSA- <\/p>\n

<\/a> A new roun<\/strong>d of industrial land offerings goes live on 1 March: <\/strong>The Industry Ministry is offering 2.2k industrial land plots covering a cumulative 13 mn sqm across 22 governorates through the Industrial Digital Platform from 1 to 7 March, according to a ministry statement<\/a>. <\/p>\n

This round is set to see some changes:<\/strong> The ministry is launching the second phase of the platform\u2019s development, with three additional services \u2014 building permits, validity statements, and industrial registration \u2014 added to the platform\u2019s menu of services. Interested investors can also now apply for one primary and one alternative land plot, which will give them a higher likelihood of receiving a plot, according to the statement.<\/p>\n

REMEMBER- <\/strong>The government has been trying to address a lack of industrial land \u2014 as well as widespread land hoarding<\/a> \u2014 by offering significant swathes of land to investors via a newly launched digital platform amid a wider regulatory reset to ensure that industrial land is being used effectively. The Industrial Development Authority most recently offered over 2.6k land plots<\/a> in December.<\/p>\n

\n

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WEATHER- <\/strong>The temps remain chilly in Cairo today, with partly cloudy skies and a high of 16\u00b0C and a low of 9\u00b0C, according to our favorite weather app.<\/p>\n

It\u2019s much the same in Alexandria<\/strong>, with a high of 16\u00b0C and a low of 10\u00b0C amid mostly cloudy skies.<\/p>\n

** DID YOU KNOW that we now cover <\/strong>Saudi Arabia<\/a><\/strong> and the <\/strong>UAE<\/a><\/strong>?<\/strong><\/p>\n

** Were you forwarded this email?<\/strong> Tap or click here<\/a> to get your own copy delivered every weekday before 7am Cairo time \u2014 without charge.<\/p>\n

ICYMI- Missed this week\u2019s Inside Industry? <\/strong>In our weekly vertical exploring all things industry and manufacturing, we looked at manufacturers\u2019 priorities<\/a> ahead of planned reforms to the customs regulations.<\/p>\n

FROM THE DEBT MARKETS-<\/p>\n

<\/a> The Cen<\/strong>tral Bank of Egypt sold EGP 89.8 bn in t-bills between Thursday and yesterday <\/strong>at average yields between 25.5-29.2%, according to data on the central bank\u2019s website<\/a>. The CBE auctioned off EGP 20 bn worth of one-year t-bills at an average yield of 25.54%, EGP 30.4 bn worth of six-month t-bills at an average yield of 27.66%, EGP 32 bn worth of three-month t-bills, and EGP 7.4 bn worth of nine-month bills. <\/p>\n

\n

HAPPENING TOMORROW- <\/p>\n

#1- <\/strong>The <\/strong>Oil Ministry's international tender for 12 oil and gas <\/strong>exploration blocks in the Mediterranean and Nile Delta closes tomorrow. <\/strong>The tender, which includes 10 offshore and 2 onshore blocks, has attracted significant interest from companies, a high-profile government source told EnterpriseAM. The selected bidders will be announced in 1H 2025, the source added.<\/p>\n

#2- <\/strong>Dar Al Handasah\u2019s venture arm Dar Ventures will host the <\/strong>DarE Investors and Founders Dinner<\/strong> on Tuesday, 25 February at Novikov Doha Restaurant & Beach Club in Doha. The event features a gathering of investors and founders from the DarE program, which operates in architecture, engineering, and construction sectors. Attendees will network, exchange insights, and discuss sector opportunities during an evening meeting.<\/p>\n

FROM THE HOUSE- <\/p>\n

<\/a> The H<\/strong>ouse will vote on the Criminal Proce<\/strong>dures Law today<\/strong>, wrapping up extended discussions. MPs cleared 63 articles yesterday, leaving just 13 articles to be discussed and voted on today before the entire bill is up for a final vote. <\/p>\n

A major sticking point was Article 523<\/strong>, which mandates state compensation for wrongful pretrial detention, provided that the person seeking compensation has not been detained pretrial in other cases. Al Wafd Party\u2019s Mohamed Abdelalim called for its removal, saying it complicates payouts and contradicts the constitution. House Speaker Hanafi Gebaly countered that the provision is a progressive step in line with constitutional rights.<\/p>\n

Article 522 was amended to impose harsher penalties for revealing protected witness <\/strong>identities<\/strong>, with prison sentences and fines starting at EGP 50k. MP Ayman Mehasseb \u2014 who proposed the amendment \u2014 called it a critical step in strengthening witness protections and ensuring justice, Youm7<\/a> reports. <\/p>\n

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Get Enterprise<\/b> daily <\/h4>\n<\/p><\/div>\n

The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n

Subscribe here<\/a> <\/div>\n<\/p><\/div>\n<\/p><\/div>\n

RED SEA WATCH- <\/p>\n

<\/a> More ships<\/strong> are <\/strong>rerouting through Suez Canal<\/strong>, says Rabie: <\/strong>Forty-seven ships changed course this month to pass through the Suez Canal instead of sailing around the Cape of Good Hope, Suez Canal Authority head Osama Rabie said<\/a> at the Marlog conference. This follows Rabie\u2019s ongoing charm offensive<\/a> to encourage shipping giants to return to the canal.<\/p>\n

REMEMBER- <\/strong>The SCA head sees<\/a> Suez Canal traffic gradually normalizing by late March and fully recovering by mid-year. The canal also has recently completed an EGP 9 bn expansion<\/a> that is expected to improve navigation through the canal by 28%.<\/p>\n

\n

THE BIG STORY ABROAD-<\/p>\n

Germany\u2019s critical elections are in the spotlight this morning<\/strong>: Center-right Christian Democrats came on top after snapping up 29% of the vote, with leader Friedrich Merz promising \u201cindependence\u201d<\/a> from an indifferent United States.<\/p>\n

The bloc still needs one more coalition partner for majority<\/strong>, as far-right Alternative for Germany came in a close second<\/a> with 21%, its highest share ever. Investors will be watching closely for government negotiations<\/a>, hoping for a \u201cdebt brake\u201d reform soon that will ease restrictions on fiscal spending and spur growth.<\/p>\n

MEANWHILE<\/strong>-<\/strong> Israel has sent tanks into West Bank for the first time since 2002<\/strong>, saying it will not allow any displaced Palestinians to return. (CNBC<\/a>)<\/p>\n

<\/p>\n

*** 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>\n

In today\u2019s issue:<\/strong> We dive into the plans of a consortium of local, Emirati, US, and Canadian investors to funnel USD 100 mn into setting up five private schools in the country over the next five years.<\/p>\n","protected":false},"excerpt":{"rendered":"

Good morning, all. We have a brisk issue for you this morning to ring in one of the last work days before Ramadan comes along. PSA- A new round of industrial land offerings goes live on 1 March: The Industry Ministry is offering 2.2k industrial land plots covering a cumulative 13 mn sqm across 22 […]<\/p>\n","protected":false},"author":1,"featured_media":661168,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7204],"tags":[72,7196,74],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-661167","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-enterpriseam","tag-industry","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"419cefb4-712c-4b74-98ad-9a90149ea630","order":"2","is_powered_by":true,"story_type":"4","photo_url":"https:\/\/ent.news\/2024\/9\/1817.jpg","photo_position":"above","homepage_title":"","full_issue_title":"More industrial land up for grabs next week","related_issue":[661165],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/2\/.82e67a4b-b3c9-4679-8732-9ec58f26d934.mp3"},"yoast_head":"\nMore industrial land up for grabs next week - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2025\/02\/24\/more-industrial-land-up-for-grabs-next-week\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"More industrial land up for grabs next week\" \/>\n<meta property=\"og:description\" content=\"Good morning, all. 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We have a packed issue for you today, so without further ado, let\u2019s get into it.THE BIG STORY TODAY A new round of industrial land offerings goes live 1 March: The Industry Ministry is offering 2.2k small, medium, and large industrial land\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/2151.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":657528,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/22\/our-latest-round-of-industrial-land-allocations-is-set-to-be-announced-today\/","url_meta":{"origin":661167,"position":1},"title":"Our latest round of industrial land allocations is set to be announced today","author":"enterpriseam admin","date":"22 December 2024","format":false,"excerpt":"Good afternoon all you wonderful people, and welcome back to the work week. We have all the latest for you below, including our take on how Egyptian industry fared in 2024 and the merits of work-from-home policies.THE BIG STORY TODAY Unionaire Group Technology is planning to invest USD 500 mn\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/12\/1986.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":581859,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/02\/26\/this-evening-fresh-agreements-for-nine-regional-industrial-projects-global-stock-market-fear\/","url_meta":{"origin":661167,"position":2},"title":"THIS EVENING: Fresh agreements for nine regional industrial projects + global stock market fear","author":"enterpriseam admin","date":"26 February 2023","format":false,"excerpt":"Good afternoon, ladies and gentlemen. We\u2019re having a (so-far) calm start to the week, but we\u2019re expecting the pace to pick up as everyone shakes off the weekend cobwebs.THE BIG STORY TODAY- USD 2 bn for nine regional industrial projects: Government officials and private sector firms from Egypt, Jordan, the\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":562206,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/11\/wanna-invest-in-some-industrial-zones\/","url_meta":{"origin":661167,"position":3},"title":"Wanna invest in some industrial zones?","author":"enterpriseam admin","date":"11 May 2021","format":false,"excerpt":"Industrial investors can expect more clarity on how to create and manage both industrial zones and businesses that operate in them after the Trade and Industry Ministry approved yesterday the executive regulations to the law regulating the Industrial Development Authority (IDA). The Madbouly government will also be making public its\u2026","rel":"","context":"In "REGULATION WATCH"","block_context":{"text":"REGULATION WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/108.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":562313,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/19\/ida-exec-regs-are-the-law-of-the-land-sovereign-sukuk-inch-closer-to-legislative-clearance\/","url_meta":{"origin":661167,"position":4},"title":"IDA exec regs are the law of the land + sovereign sukuk inch closer to legislative clearance","author":"enterpriseam admin","date":"19 May 2021","format":false,"excerpt":"The wait is over for industrial investors: The executive regulations to the law regulating the Industrial Development Authority (IDA) come into effect today after being published yesterday in the Official Gazette (pdf), the Trade and Industry Ministry said in a statement. The ministry approved the regulations earlier this month, setting\u2026","rel":"","context":"In "LEGISLATION WATCH"","block_context":{"text":"LEGISLATION WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/legislation-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/152.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":599696,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/08\/regs-for-ida-autonomy-ready-by-month-end\/","url_meta":{"origin":661167,"position":5},"title":"Regs for IDA autonomy ready by month-end","author":"enterpriseam admin","date":"8 January 2019","format":false,"excerpt":"LEGISLATION WATCH- Regs for granting IDA independence from Trade Ministry ready by month-end: The Industrial Development Authority is planning to finalize by the end of this month the draft executive regulations for recently passed legislation granting the authority operational autonomy, a source from the IDA told Amwal Al Ghad. The\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/661167","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=661167"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/661167\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/661165"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/661168"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=661167"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=661167"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=661167"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=661167"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=661167"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}