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The new investment comes less than two years since local VC EdVentures made a six-figure USD equity investment in the company
Author Archives: enterpriseam admin
Posted inEARNINGS WATCH
Edita’s earnings jump in 3Q, 9M 2023
Edita saw its net income rise 49% y-o-y in 3Q 2023
Posted inLAST NIGHT’S TALK SHOWS
On boycotts, nuclear threats and the “positives" of a credit rating downgrade
The nation’s talking heads weigh in on Israel’s nuclear comment
Posted inAlso on our Radar
Schneider is investing EUR 8 mn in the local market before year end. PLUS: Prime, Vestas, petrochemical industry, Kharafi, Cofra, Heliopark
Schneider Electric plans to invest EUR 8 mn in the local market
Posted inPLANET FINANCE
Warren Buffett is sitting on more cash than ever — and doesn’t know where to invest it
The Warren Buffett-led company saw its losses widen to USD 12.8 bn during 3Q 2023
Posted inAROUND THE WORLD
UAE could invest big in India + Russia could up its military presence in Libya
Up to USD 50 bn of Emirati investment heading to India? The UAE is looking to invest up to USD 50 bn in its second-largest trading partner, India, sources with knowledge of the matter told Bloomberg. The UAE is eyeing stakes in Indian infrastructure projects and state-owned assets, the sources said, adding that some of […]
Posted inCALENDAR
NOVEMBER 8 November (Wednesday): Turkish-Arab Economic Forum 2023, Istanbul. 9-15 November (Thursday-Wednesday): Intra-African Trade Fair, Cairo. 12 November (Sunday): House of Representatives to reconvene. 12 November (Sunday): Deadline for technical and financial offers for Misr Aluminium Company rehabilitation project (extended from 12 October) 14-15 November (Tuesday-Wednesday): Destination Africa, Royal Maxim Palace Kempinski Hotel. 14-15 November […]
Posted inWHAT WE’RE TRACKING TONIGHT
THIS EVENING: Egypt signs 10 transport agreements at TransMea
Good afternoon, friends, and happy Monday. It’s a rather calm news day here at home so far, as we keep an eye on regional developments. THE BIG STORY TODAY Egypt signed a total of 10 agreements with local and international companies at the TransMea 2022 expo today, according to a Transport Ministry statement. The agreements […]