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Turuq takes its first outside investment from Den VC
The fulfillment startup is already eyeing a larger funding round around mid-2027 to fund more aggressive scaling
DPI closes Egypt-born fintech fund Nclude at USD 112 mn
The final close adds roughly USD 7 mn to a fund that was already at USD 105 mn before DPI…
The House authorizes El Sisi to take “whatever measures are needed” to support Saudi Arabia
Good morning, friends. It’s been a rough few days on the EGX, and the IPO everyone’s been waiting for now…
EBRD, IFC sign on to Banque du Caire’s upsized IPO
The state’s biggest sale in years has grown to 45% of the bank and prices at the top of its…
The road to an IPO with BdC’s Hussein Abaza
Banque du Caire is going public in a landmark IPO. On this episode of Making It, Hussein Abaza, the CEO…
Playlist
Mega developers take the investment zone route
More megaprojects are routing their government business through Gafi’s investment zones to move faster, but the incentives still hinge on…
TMG signs four state partnership deals worth some EGP 11 tn across Madinaty, Alexandria, Abu Qir, and North Coast
The four mixed-use projects would cost roughly six times the amount paid for Ras El Hekma, but neither side has…
Four foreign funds line up USD 256 mn for Banque du Caire
London’s Redwheel is among the backers, nearly two weeks after anchoring MNT-Halan’s IPO
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