EBRD taps Alumil Misr for EUR 13.7 mn expansion

EBRD to boost aluminum manufacturing in Egypt: The European Bank for Reconstruction and Development (EBRD) is lending up to EUR 13.7 mn to Athens-listed Alumil’s local subsidiary, Alumil Misr for Trade & Industry, to fund an expansion of its manufacturing footprint in Egypt. The funds will be used to install a new aluminum extrusion line at the company’s facility in Cairo’s Polaris Industrial Zone.

Why it matters: By increasing production in Egypt — specifically close to the Suez Canal — Alumil is positioning its Egyptian facility as a primary regional export platform. The move is designed to reduce supply-chain lead times and improve operational flexibility for its markets across Africa and the Middle East. This reinforces a growing trend of multinational manufacturers using Egypt as a near-shoring hub to serve high-growth markets without the logistical friction of shipping from Europe or further afield.

Another logistics park on the way in KSA

Saudi Ports Authority (Mawani) signed an SAR 250 mn lease agreement with Sultan Logistics to set up a logistics park at Al Khumrah’s Jeddah Islamic Port, according to a statement. The 200k sqm project is expected to “enhance operational efficiency and further develop the logistics services ecosystem provided.” It will feature warehouses, yards for the storage and maintenance of containers, and re-export areas.

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