{"id":676641,"date":"2025-12-03T00:00:00","date_gmt":"2025-12-03T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/03\/a-usd-2-4-bn-waste-recycling-plant\/"},"modified":"2025-12-03T00:00:00","modified_gmt":"2025-12-03T00:00:00","slug":"a-usd-2-4-bn-waste-recycling-plant","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/03\/a-usd-2-4-bn-waste-recycling-plant\/","title":{"rendered":"A USD 2.4 bn waste recycling plant?"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">RENEWABLES-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>UK-based Polar Hydro is looking to set up a USD 2.4 bn waste recycling plant in <\/strong><strong>Giza under a private freezone system<\/strong>, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02bSFgs8HAS9kSReiCT1aY9qeAewavXLMxJkdXuRJ1Hpy3i3JNbS2eMbQdihiPxwiQl\" style=\"\" rel=\"noopener\">statement<\/a> from the Industry Ministry. The facility would convert solid household waste into biofuel and organic fertilizers for local use and export. The project would help safely dispose of waste, create jobs, and support local industry. <\/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>What\u2019s next?<\/strong> Government officials will meet with company representatives to finalize the project\u2019s studies ahead of presentation to the Ministerial Group for Industrial Development. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">TELECOMS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Telecom Egypt expects to fully settle its outstanding debts over the next four <\/strong><strong>to five years<\/strong>, the company said in an <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/12\/107.pdf\" style=\"\" rel=\"noopener\">disclosure (pdf)<\/a> to the EGX, confirming guidance it shared with analysts during its 3Q 2025 earnings call.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">EDUCATION-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong><a target=\"_blank\" href=\"https:\/\/eg.linkedin.com\/company\/maxim-investment-group-mig\" style=\"\" rel=\"noopener\">Maxim Investment Group<\/a><\/strong><strong> plans to pump EGP 6 bn into a new university in the <\/strong><strong>new capital in partnership with a major UK institution<\/strong>, CEO Samieh Amer told <a target=\"_blank\" href=\"https:\/\/almalnews.com\/premium\/2087599\/%D9%85%D9%83%D8%B3%D9%8A%D9%85-%D8%AA%D8%B3%D8%AA%D8%AB%D9%85%D8%B1-6-%D9%85%D9%84%D9%8A%D8%A7%D8%B1%D8%A7%D8%AA-%D8%AC%D9%86%D9%8A%D9%87-%D9%84%D8%A5%D8%B7%D9%84%D8%A7%D9%82\/\" style=\"\" rel=\"noopener\">Al Mal<\/a>. The fully self-financed project will focus on medical and engineering programs and is slated to open in the 2026-27 academic year.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The company is also planning a second engineering-focused university in Beni Suef<\/strong>, offering advanced programs in engineering and technology. Amer said the expansion is part of Maxim\u2019s wider 2026 strategy to build an integrated education-healthcare-medical-tourism ecosystem.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PLUS- Telecom Egypt expects to fully settle its outstanding debts over the next four to five years<\/p>\n","protected":false},"author":1,"featured_media":676642,"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":[7209],"tags":[111,73,72,955,151,212,843],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-676641","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-education","tag-enterpriseam","tag-hospitality","tag-renewables","tag-telecom-egypt","tag-telecoms","wpautop","entry"],"acf":{"mongo_id":"7463a6d9-c8c4-49b8-b8f7-990898b28374","order":"10","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/12\/150.jpg","photo_position":"above","homepage_title":"","full_issue_title":"A USD 2.4 bn waste recycling plant in Giza?","related_issue":[676625],"teaser":"PLUS- Telecom Egypt expects to fully settle its outstanding debts over the next four to five years","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/12\/.7282bae9-0328-48d4-b165-fe4bfc14adfa.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>A USD 2.4 bn waste recycling plant? 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PLUS: Visa + Swypex, BP, Lasirena Group + HE Holding","author":"enterpriseam admin","date":"3 December 2024","format":false,"excerpt":"The waste will be treated to produce alternative fuel and organic fertilizer","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/5\/1836.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":567618,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/12\/01\/also-on-our-radar-on-1-december-2020\/","url_meta":{"origin":676641,"position":1},"title":"Also on our radar on 1 December 2020","author":"enterpriseam admin","date":"1 December 2020","format":false,"excerpt":"Who said that Egypt\u2019s renewables sector is (temporarily) on hold? Al Nowais is pushing ahead with its plans to build a 500-MW wind plant in Ras Ghareb and hopes award a construction contract in the first half of next year, the local press reports. 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