Here’s what we’re tracking today
See you in 2025
A USD 135 mn auto factory | Fresh industrial initiative | Looking back at 2024.
Thursday, 20 2025
Good morning.
In today’s packed issue is good news for those banging the localization drum as yet another Chinese automaker eyes starting local production, offshore energy acquisitions, big-ticket investments, and more. Space is at a premium, so let’s jump right in.

Today at a glance
Investment Watch
M&A Watch
Explore Enterprise for your industry
A close look at key activities driving headlines across industries
Investment Watch
Private equity returns remain subdued in 2024 as transaction drought drags on
PE funds have collectively underdelivered on USD 400 bn in…
Misr Pharma and CID offerings are planned for 1H 2025
Good morning, friends. Welcome to the last full work week of 2024 — where did the time go? We are kicking the…
Newsmakers
Klivvr to launch consumer finance arm
This comes after the fintech player received the green light from the FRA
My morning routine
Businesses are bracing for Trump tariffs with frontloading and price hikes
Companies are frontloading orders and shifting their supply chain from China to other countries
Regulation
House pushes Criminal Procedures Law vote, approves host of energy exploration bills, and more in packed session
Discussion on the newly amended Criminal Procedures Law will stretch…
FRA updates M&A rules for NBFIs
The amendments aim to enhance competitiveness and streamline the approval…
AMEA Power’s 1 GW solar plant in Benban gets golden license
The project will see investments of USD 850 mn and…
Mohamed El Shenawy appointed as new Ittihadiya spokesperson
El Shenawy takes over from Ahmed Fahmy who has held…
Startup Watch
The lowdown on the government’s new Entrepreneurship Ministerial Committee
The committee plans to multiply startup investments in Egypt tenfold to USD 5 bn
Startups are increasingly going bust as funding dries up
The number of startups closing their doors rose 58% y-o-y during 1Q 2024
Dopay, Telda are on CB Insight’s list of promising fintech startups
Two local fintech players made it on CB Insight’s list of most promising fintech…
Industries
Abu Qir Fertizers’ looks to green hydrogen to help power ammonia plant. PLUS: Exxon Mobil, Instapay, Egypt Post, Abu Auf, Ezz Elarab,
The 12-month project is also expected to up production 100…
India is on track to become second biggest IPO market in 2024
India’s IPO boom comes amid slowing market activity in China
Beltone Holding announces EGP 10.75 bn capital increase
Beltone completed a mega EGP 10 bn capital increase on…
Oliv receives Egypt’s first digital factoring license
Oliv will extend invoice-financing to SMEs in under 48 hours
Climate change has made pesky red fire ant populations thrive
Invasive species such as the red fire ant can pose…
Al Mansour Auto, SAIC’s USD 135 mn MG manufacturing plant to go live in 2026
The factory is set to kick off production in 2Q…
Egypt mulls adding corn flour to subsidized bread to reduce import bill
The proposal could save USD 35-41 per ton of wheat
Advances in AI could hold the key to decoding animal communication
Researchers are currently using advanced tools like large language models…
UAE’s Alcazar to set up a 3.1 GW hybrid renewable energy station in Zafarana
Alcazar will start construction on the USD 2.5 bn project…
CSCEC subsidiary inks agreement to operate new capital’s business district
The agreement will see the consortium take over the operations…
Gov’t unveils EGP 30 bn industrial initiative
The initiative will target the pharma, food, engineering, and chemical…
Here’s what you missed from day one of the Egypt Mining Forum
The first day of the forum brought us a lot…
Thursday, 20 2025
Good evening.
In today’s packed issue is good news for those banging the localization drum as yet another Chinese automaker eyes starting local production, offshore energy acquisitions, big-ticket investments, and more. Space is at a premium, so let’s jump right in.

Today at a glance
Thursday, 20 2025
ICYMI
In today’s packed issue is good news for those banging the localization drum as yet another Chinese automaker eyes starting local production, offshore energy acquisitions, big-ticket investments, and more. Space is at a premium, so let’s jump right in.
