Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
MENA <> India Corridor 
Logistics (MENA) 
Climate (MENA) 
Business
Investments
Banque du Caire’s IPO has been delayed again, with roadshows pushed to September
BdC’s IPO prospectus has been finalized and submitted to Banque Misr and CBE for review
Coca-Cola HBC plans USD 1.3 bn investment in Egypt through 2030
Plus: A USD 500 mn-equivalent Samurai bond issuance is in “the final steps”
Banque du Caire IPO pushed back to year-end
Good afternoon, ladies and gents, and welcome to a fresh new — and this time…
The Sovereign Fund eyes new Africa investment fund
Good morning, wonderful people. We lead today’s issue with good news on the investment front.…
IPO
Edafa VC acquires local AI startups Kuadra and IRRI Vision
Plus: Korra Energi revises its private offering’s coverage rate
Korra Energi retail tranche closes 31.35x oversubscribed
Good morning, wonderful people, and welcome back. We hope you all had a restful, well-deserved…
Korra Energi private placement 5.7x covered on EGX
Institutional investors placed orders for 845 mn shares against the offered 148.5 mn
B Investments preps El Ezaby pharmacy for EGX debut
Plus: Gov’t taps Spain’s Xcalibur for first national mineral survey in 42 years
M&A
Ascom board approves fair value study to buy 90% of Raya’s Ostool
This is Raya’s third attempt to exit the logistics unit after a 2022 agreement with…
A15 is days from its tenth exit
The VC firm has returned 10.2x to investors and isn’t done yet
Beltone taps Forvis Mazars for Lumen Aegis valuation
Plus: India’s zero-duty window offers a lifeline for recovering cotton sector
Netherlands-based RMBV looks to establish SPAC in Egypt
Good morning, friends, and a happy Eid El Adha in advance. It’s an issue of…
Debt
EFG Corp-Solutions closes record EGP 5.1 bn corporate bond issuance
The company’s cumulative debt capital market issuances have now reached EGP 16.7 bn
Gov’t hikes international bond program to USD 40 bn
FinMin plans to issue annual external debt roughly equivalent to maturing obligations minus USD…
QNB Egypt arranges EGP 11.98 bn facility to expand East Port Said
A 12-bank consortium led by QNB Egypt has arranged an EGP 11.98 bn syndicated…
Korra Energi’s institutional IPO tranche 2.7x covered on day one
Good morning, friends. Today’s issue is packed with energy news — showing that we…
Eissa outlines privatization roadmap, rates investment climate 4/10
Deputy Prime Minister Hussein Eissa highlighted the critical need for confidence and competition to fix…
Fawry awaits approval on inbound cross-border remittances license
Good morning, friends. After a pretty slow start to the week we have a busy…
Four new temporary listings head to the EGX
Four state-owned companies have secured provisional EGX listings across pharma, fertilizers, and tourism — the…
Egypt files its reform credentials ahead of IMF’s last review
The IMF mission will conduct the seventh review of Egypt’s Extended Fund Facility in mid-June
Macro + Economy
Gov’t lowers medium-term economic growth target to 6.8%
Ongoing regional conflicts and global economic shocks have forced the government to revise its medium-term…
TMG deepens Saudi ties with new PIF real estate agreement
Good morning, folks. If today’s news was your morning commute, it would be stuck in…
Government set to eliminate VAT exemption for natural gas for the first time
Good morning, folks, and welcome to the weekend. With summer (and Sahel) season just about…
Our domestic savings rate fell to 1.2% of GDP in FY 2024/25 from 6.1%
The collapse is less about discipline and more about inflation eroding disposable income to the…
Opinion pieces
The future of work and rethinking success in the modern age
One of the biggest shifts in workplace culture has been the growing demand for flexibility…
Empowering widows: a catalyst for global change
The loss of a spouse is an incredibly difficult situation for anyone to have to…
Navigating Egypt’s trade transformation: A glimpse into the future
Egypt stands at a critical juncture and may reshape its role on the global stage…
Bye bye blue + insights on the global executive search industry
Hold onto your hats, everyone, because things are about to get a whole lot more…