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Author Archives: enterpriseam admin
El Said calls on Qataris to invest + ADQ said to be mounting rival bid to QIA’s Vodafone Egypt acquisition
Qataris called for the creation of a fund with SFE to channel investments into target sectors
Moody’s downgrades Egypt’s credit rating for first time since 2013
Due to reduced external buffers and shock absorption capacity
B Investments finalizes exit from TotalEnergies Egypt
BPE Partners’ B Investments has completed the sale of its entire 6.38% stake in TotalEnergies Egypt to TotalEnergies Marketing Afrique (TEMA) for USD 27.6 mn, the company said in an EGXdisclosure (pdf). The transaction came alongside a separate BPE Partners-backed vehicle’s exit of its 9% stake to TEMA for USD 39 mn, handing TEMA the […]
Gov’t wants to encourage sports companies to go public — and huge licensing fees probably isn’t the way to do it
The amendments would pave the way for sports institutions to set up investment companies
Homegrown adtech startup Gameball bags USD 3.5 mn seed round
Gameball plans to launch on-the-ground operations in the KSA, Germany, and the UK
Raya’s Aman Financial Services to tap securitized market within weeks
The issuance comes to finance the company’s expansion plans for the first half of the year
Devastating earthquake in Turkey and Syria still dominates talk shows
President El Sisi’s phone calls with the Syrian and Turkish leaders yesterday