Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
MENA <> India Corridor 
Logistics (MENA) 
Climate (MENA) 
The PE outfit wants sizable minority stakes in the two firms
Author Archives: enterpriseam admin
Posted inStartup watch
Flat6Labs launches USD 95 mn Africa-wide seed fund
The fund will onboard two cohorts of 10-15 startups annually
Posted inCabinet watch
FinMin wants to pay women not to have more than 2 children
The Egyptian government is trying to temper soaring population growth
Posted inLAST NIGHT’S TALK SHOWS
Last Night’s Talk Shows: The US banking crisis continues to capture the attention of Egypt’s talk shows
It was a mixed bag on the talk shows last night: The nation’s talking heads continued to focus on the collapse of Silicon Valley Bank (SVB) and kicked off their Ramadan coverage, with news of the Ahlan Ramadan expo and the new trading hours next week. The one message on the airwaves last night: Don’t […]
Posted inAlso on our Radar
Aman wants to launch in Saudi Arabia within 3 months. PLUS: Money GB Auto + Dara’s Ice Cream, FinMin appoints sukuk company board
Aman is working with a mystery Saudi partner to launch in the kingdom
Posted inPLANET FINANCE
Abraj Energy shares jump 17% on market debut
Abraj Energy Services shares jumped 17% on their debut on the Oman stock exchange yesterday. The state-owned oil-drilling unit raised USD 244 mn by offering a 49% stake in Muscat, making it the country’s largest since 2010 and the second-largest in the region this year. Our friends at EFG Hermes (pdf), along with Ahli Bank […]
Posted inDiplomacy
Tehran wants to improve Egypt ties following Saudi rapprochement
Saudi-Iran agreement could help forge closer ties throughout the region
Posted inAROUND THE WORLD
China to host GCC-Iran summit later this year
Beijing wants to solidify its status as a major power broker in the Middle East with a regional summit: Fresh off brokering a landmark agreement that will see Saudi Arabia and Iran normalize ties, China wants to bring Gulf and Iranian leaders together for a major regional summit later this year, according to the Wall […]