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Edtech platform Almentor raises USD 10 mn in pre-series C round. PLUS: Acasia Ventures invests in Credable.
The money will be used to launch in Saudi Arabia and build out its B2C segment
EgyptAlum could receive investment from Emirati aluminum company
EgyptAlum is exploring all options, company says following minister’s comments
Telecom Egypt stake sale postponed on market volatility -Asharq
Global markets are on edge following collapse of US mid-sized lenders
Russia, Egypt look to boost investment and trade. PLUS: ADIB, Mastercard, Israel-Palestine
ADIB is also getting into sukuk
Two state-owned real estate players want to bring in strategic investors
Both firms are on the list of 32 companies earmarked for privatization
FRA approves National Paints Holding’s bid for Pachin
Pachin shareholders have 10 days to respond
THIS EVENING: El Nasr Housing + Maadi for Development looking at capital increases to raise investments + UBS offers Credit Suisse USD 1 bn all-share acquisition
Happy Sunday, friends, and welcome to another privatization-driven news day here in Omm El Donia as we kick off this…
A new gov’t investment fund wants to attract FDI from expats
Eight Egyptian businessmen living abroad are on the board
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