{"id":679372,"date":"2025-12-31T00:00:00","date_gmt":"2025-12-31T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/?p=679372"},"modified":"2026-01-04T13:51:09","modified_gmt":"2026-01-04T13:51:09","slug":"state-eyes-usd-2-3-bn-in-investment-from-ministries-square-redevelopment-_storyhedweb_-egypt-eyes-usd-2-3-bn-in-investment-from-ministries-square-redevelopment","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/31\/state-eyes-usd-2-3-bn-in-investment-from-ministries-square-redevelopment-_storyhedweb_-egypt-eyes-usd-2-3-bn-in-investment-from-ministries-square-redevelopment\/","title":{"rendered":"State eyes USD 2-3 bn in investment from Ministries Square redevelopment"},"content":{"rendered":"<p> <\/span><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Good morning, friends and welcome to the final morning of 2025. <\/strong>We are closing out the year with another busy issue, led by news that Egypt is looking to set up a pan-African gold bank and an internationally accredited refinery in a bid to keep African gold in Africa, as well as the state coffers welcoming USD 3.5 bn from Qatar as part of the Alam El Roum development agreement. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>** A QUICK PROGRAMMING NOTE- <\/strong>EnterpriseAM Egypt will be taking a break from your inboxes tomorrow for New Year\u2019s Day, but we will be back bright and early to kick off the first workday of 2026. Happy New Year, and see you soon.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><a href=\"https:\/\/omny.fm\/shows\/enterpriseam-egypt\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2025\/11\/780.jpg?ssl=1\" \/><\/a> <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p class=\"tag-border-left\">Watch this space <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"> <a id=\"wwtt1\"><\/a> <strong>PRIVATIZATION \u2014<\/strong> <strong>The state is targeting USD 2-3 bn in total investment from the <\/strong><strong>redevelopment of the Ministries Square<\/strong>, a senior government official tells EnterpriseAM. The Madbouly government is gearing up to launch the tender for the area, with the conditions booklet to be released during the first quarter of 2026. The former Finance Ministry HQ is now part of the plan, bringing the total number of buildings up for redevelopment to 12, the official told us.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Not for sale:<\/strong> In line with the Sovereign Fund of Egypt\u2019s mandate to retain ownership of assets, the buildings will not be sold outright, instead, they will be offered under public-private partnership models or long-term usufruct agreements. Investors are being tapped to convert the buildings into a mix of corporate HQs, five-star hotels, and serviced apartments to capitalize on rising demand for tourism capacity in the capital, the source tells us.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Investors are already lining up: <\/strong>\u201cWe already have offers from foreign and Arab investors to participate in this massive project,\u201d the source told us, noting that these bids are being studied concurrently with the final review of the tender procedures.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><a id=\"wwtt2\"><\/a> <strong>LOGISTICS \u2014 Is a new Libyan dry port the anchor of an Egyptian industrial <\/strong><strong>zone?<\/strong> Cairo and Tripoli are in talks to turn the newly-established Al Jawf Dry Port southwest Libya into the cornerstone of a joint freezone \u2014 one designed to unlock West African markets for Egyptian exporters, a government source tells EnterpriseAM.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Why does it matter? It\u2019s a play for industrial dominance.<\/strong> The move isn't just about transporting goods, but establishing a manufacturing foothold to rival global players. The proposed freezone is Egypt\u2019s strategic countermove to competitors like China, which has already established a massive ceramics factory in Libya\u2019s Misrata to export to Europe, Mohamed El Beheiry, head of the Arab Cooperation Committee at the Federation of Egyptian Industries, tells EnterpriseAM.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>BACKGROUND- <\/strong>Talks on the project initially launched in May 2024 to create a launchpad for Egyptian exports to Libya, as well as wider intra-African trade, targeting landlocked Chad and Niger. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Not the first Egypt-backed project in the Libya-Niger-Chad corridor: <\/strong>The Madbouly government is planning to invest <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/162918e5-d75d-4976-a01c-ac44a70f0c76\/\" rel=\"noopener\">EGP 6 bn<\/a> in the first phase of a new road project connecting Egypt to Libya and Chad. The planned dry port will be located in proximity to the new road \u2014 also known as the East Oweinat-Kufra road \u2014 which will stretch 1.7k km across the three countries.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><a id=\"wwtt3\"><\/a> <strong>INFRASTRUCTURE \u2014 Egypt positions its national champions to lead Sudan\u2019s <\/strong><strong>reconstruction:<\/strong> Egyptian firms will be given priority status for all rebuilding projects in war-torn Sudan, following an agreement reached between the two sides at the Joint Egyptian-Sudanese Trade and Industry Committee on Monday, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/permalink.php?story_fbid=pfbid02BwseunGWvm254vuegCwxYZeEA1F5TZaomKRDXwFpJi3EnLB5mtjqenQdaQNXwuHul&amp;id=61562245173260\" rel=\"noopener\">statement<\/a>. The agreement signals a shift from humanitarian aid to a strategic plan and also covers technical support to help Sudanese factories damaged by the war restart operations. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>This isn't just about winning contracts:<\/strong> Starting January, Egypt will begin training Sudanese customs personnel and implementing a system for the mutual acceptance of conformity certificates. By aligning Sudan\u2019s technical specifications with our own, Cairo is effectively building a regulatory moat that makes it faster and cheaper for Egyptian firms to export goods and services to Sudan in comparison to regional competitors like Turkey or China.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>What to watch for:<\/strong> Keep an eye out for the January conference of land-border crossing managers. The focus will be on raising the necessary funds to set up logistics zones between the two countries \u2014 a move that would turn the land bridge to Sudan into a viable, high-speed trade corridor for Egyptian manufacturers.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>** DID YOU KNOW that we cover <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\" rel=\"noopener\">Saudi Arabia<\/a><\/strong><strong>, the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\" rel=\"noopener\">UAE<\/a><\/strong><strong> and the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/mena-india\/en\" rel=\"noopener\">MENA-India<\/a><\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/mena-india\/en\" rel=\"noopener\">Corridor<\/a><\/strong><strong>?<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>** Were you forwarded this email?<\/strong> <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/user\/news-letters\" rel=\"noopener\">Tap or click here<\/a> to get your own copy delivered every weekday before 7am Cairo time \u2014 without charge.<\/p>\n<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<\/p><\/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\" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p class=\"tag-border-left\">Data point<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>80% \u2014 that\u2019s the amount of transactions in Egypt that were done in hardcash in 2025. <\/strong>This makes us one of the most cash-dependent nations in the region, behind only Iraq with 85% and Lebanon with 90%, according to <a target=\"_blank\" href=\"https:\/\/www.forex.se\/en\/travel\/forex-index\/cash-index\/\" rel=\"noopener\">data<\/a> from Forex. Despite financial inclusion hitting 76.3% at the end of the last fiscal year, it seems that cash is still king.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">\n<p class=\"tag-border-left\">PSA- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>WEATHER- <\/strong>It\u2019s another cool day in Cairo, with a high of 20\u00b0C and a low of 11\u00b0C, according to our favorite weather app.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\">\n<p class=\"tag-border-left\">The big story abroad<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>Few stories are making headlines on the last morning of 2025: <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>#1- <\/strong><strong>A Saudi-led coalition hit Yemen\u2019s Mukalla port with a limited airstrike<\/strong>, targeting what Riyadh <a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/N2478215\" rel=\"noopener\">described<\/a> as weapons and heavy-vehicle shipments aboard two vessels arriving from the UAE. \u201cThe ships\u2019 crew had disabled tracking devices aboard the vessels, and unloaded a large amount of weapons and combat vehicles in support of the Southern Transitional Council\u2019s (STC) forces,\u201d a statement published by state news agency <a target=\"_blank\" href=\"https:\/\/www.spa.gov.sa\/N2478173\" rel=\"noopener\">SPA<\/a> said. Saudi Arabia made the move to combat the UAE-backed STC\u2019s military advances on its southern border with Yemen, which it deemed a \u201cthreat to the national security of the Kingdom.\u201d<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>#2- Warner Bros Discovery is reportedly leaning toward rejecting Paramount Skydance\u2019s <\/strong><strong>amended USD 108.4 bn hostile takeover bid<\/strong>, despite a personal financing guarantee from Oracle founder Larry Ellison, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/business\/media-telecom\/warner-bros-expected-reject-paramounts-latest-hostile-bid-cnbc-reports-2025-12-30\/\" rel=\"noopener\">Reuters<\/a> reports citing a person familiar with the matter. The board still favors a lower-value USD 82.7 bn merger with Netflix, viewing it as a path of least resistance with fewer regulatory hurdles.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>#3- Fed minutes reveal a central bank at a crossroads:<\/strong> <a target=\"_blank\" href=\"https:\/\/ent.news\/2025\/12\/1477.pdf\" rel=\"noopener\">Minutes (pdf)<\/a> from the Fed\u2019s December meeting showed a committee deeply fractured over the path for 2026, especially when it comes to the timing and size of the cuts to come. While officials voted 9-3 to lower rates to 3.5%-3.75%, the record shows some members only supported the cut by a \u201cfine balance,\u201d while others argued for a hold.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2503.jpg?ssl=1\" \/><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>*** It\u2019s Hardhat day \u2014 your weekly briefing of all things infrastructure in Egypt:<\/strong> EnterpriseAM\u2019s industry vertical focuses each Wednesday on infrastructure, covering everything from energy, water, transportation, and urban development, as well as social infrastructure such as health and education. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;text-align:left\"><strong>In today\u2019s issue: <\/strong>We look at what 2025 meant for the local real estate sector, from strategy pivots to fresh mega projects in the making. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning, friends and welcome to the final morning of 2025. We are closing out the year with another busy issue, led by news that Egypt is looking to set up a pan-African gold bank and an internationally accredited refinery in a bid to keep African gold in Africa, as well as the state coffers [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":679373,"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":[72,67,74],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-679372","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-enterpriseam","tag-privatization","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"482542d4-0f89-4c1a-acfc-359e36aff017","order":"2","is_powered_by":true,"story_type":"4","photo_url":"https:\/\/ent.news\/2024\/8\/1964.jpg","photo_position":"above","homepage_title":"","full_issue_title":"","related_issue":[679370],"teaser":"","photo_link":"","related_sponsor":"","voice_url":"","en_translation_ref_id":"","section_story_id":""},"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>State eyes USD 2-3 bn in investment from Ministries Square redevelopment - 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\/12\/31\/state-eyes-usd-2-3-bn-in-investment-from-ministries-square-redevelopment-_storyhedweb_-egypt-eyes-usd-2-3-bn-in-investment-from-ministries-square-redevelopment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"State eyes USD 2-3 bn in investment from Ministries Square redevelopment\" \/>\n<meta property=\"og:description\" content=\"Good morning, friends and welcome to the final morning of 2025. We are closing out the year with another busy issue, led by news that Egypt is looking to set up a pan-African gold bank and an internationally accredited refinery in a bid to keep African gold in Africa, as well as the state coffers [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2025\/12\/31\/state-eyes-usd-2-3-bn-in-investment-from-ministries-square-redevelopment-_storyhedweb_-egypt-eyes-usd-2-3-bn-in-investment-from-ministries-square-redevelopment\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2025-12-31T00:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-01-04T13:51:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1964.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/12\/31\/state-eyes-usd-2-3-bn-in-investment-from-ministries-square-redevelopment-_storyhedweb_-egypt-eyes-usd-2-3-bn-in-investment-from-ministries-square-redevelopment\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/12\/31\/state-eyes-usd-2-3-bn-in-investment-from-ministries-square-redevelopment-_storyhedweb_-egypt-eyes-usd-2-3-bn-in-investment-from-ministries-square-redevelopment\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"State eyes USD 2-3 bn in investment from Ministries Square redevelopment\",\"datePublished\":\"2025-12-31T00:00:00+00:00\",\"dateModified\":\"2026-01-04T13:51:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/12\/31\/state-eyes-usd-2-3-bn-in-investment-from-ministries-square-redevelopment-_storyhedweb_-egypt-eyes-usd-2-3-bn-in-investment-from-ministries-square-redevelopment\/\"},\"wordCount\":1174,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/12\/31\/state-eyes-usd-2-3-bn-in-investment-from-ministries-square-redevelopment-_storyhedweb_-egypt-eyes-usd-2-3-bn-in-investment-from-ministries-square-redevelopment\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/8\/1964.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"Privatization\",\"What We're Tracking Today\"],\"articleSection\":[\"What We're Tracking Today\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2025\/12\/31\/state-eyes-usd-2-3-bn-in-investment-from-ministries-square-redevelopment-_storyhedweb_-egypt-eyes-usd-2-3-bn-in-investment-from-ministries-square-redevelopment\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2025\/12\/31\/state-eyes-usd-2-3-bn-in-investment-from-ministries-square-redevelopment-_storyhedweb_-egypt-eyes-usd-2-3-bn-in-investment-from-ministries-square-redevelopment\/\",\"name\":\"State eyes USD 2-3 bn in investment from Ministries Square redevelopment - 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