The IDA opens its first tender under the new lease-to-own system for industrial land
· Egyptian market news · MISR

Good morning, friends.
The IMF staff report is the deeper read.
The EBRD is plugging USD 192 mn into the 900 MW Shadwan wind farm by Scatec in Ras Shukeir.
The Libya pipeline story is the less expected move.
ARE YOU MORE OF A LISTENER? Morning Drive is a 10-minute summary And if you like it, tell your friends to tell their friends. They can find us on Apple, Spotify, or wherever they get their podcasts.
The Egypt Forum is back —
Every session on stage answers one question: “So, what do I actually do about it?”
Join us on 5 October in Cairo. Seats are limited and attendance is by invitation only.
Request your invitation here.
The Industrial Development Authority (IDA) opened its first tender under the new lease-to-own system for industrial land yesterday statement Egypt Industrial Hub
The goal is to prevent manufacturers from tying up capital in land before they even start producing.
The new system sits alongside eight other land allocation tools in June
Filling the tire gap
The government plans to tender a passenger and light-transport tire factory with an estimated USD 500 mn investment government document
IN CONTEXT- broke ground on a USD 1 bn plant eyeing a USD 2 bn export hub Zenith Steel is lining up a USD 300 mn
The Cabinet has greenlit the demerger of state-owned textile giant Misr Spinning and Weaving statement
We flagged this back in April: told us said in July
Setting the record straight
The Transport Ministry has said that the small cargo ship attacked by Yemen’s Houthis in Bab Al Mandab was not Egyptian-owned reports
It’s breezier in Alexandria
The big story abroad
A key stumbling block in the regional war seems closer to being resolved inch closer
Meanwhile, strikes continue: were struck
Chipmaking giant Nvidia disclosed that it owns a USD 21 bn stake in SpaceX sixth-largest investor now be worth
AI misstep on Jane Street: recorded a USD 15 bn loss