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Siemens-built power plant among USD 3 bn assets to join the pre-IPO fund within weeks
Gov’t wants to raise USD 6 bn from stake sales by mid-2023: The Madbouly government expects to raises as much…
THIS EVENING: SFE’s USD 6 bn stake sale program expected to close in 1H 2023 -El Said + Philippines braces for category 3 typhoon
Good afternoon, wonderful people. The final week of September promises to be both eventful and interesting, if today is any…
Kashat lands funding from US + pan-African VC
Not all doom and gloom on Planet Startup: Kashat, the region’s first provider of nano-loans, has landed funding from both…
Gov’t finalizes state ownership policy document
The gov’t has dotted the i’s and crossed the t’s on its state ownership policy: The Madbouly government has finalized…
Taiwanese A/C manufacturer, Elaraby to build USD 33 mn factory
Taiwanese manufacturer Rechi and Elaraby Group will partner to build a USD 33 mn A/C compressor factory with an eventual…
The drive of your life + USAID backs CFC technical schools
Shalakany Law Office successfully defended a “major French automotive company” against an EGP 3 bn claim before a Cairo Court,…
Cairo Angels’ micro-VC fund nears final close + a new fund in the works
Angel investment group Cairo Angels will reach a third and final close of USD 5 mn on its micro-VC fund…
EFG’s outlook is “extremely bullish” — especially in the GCC
EFG Hermes Group CEO Karim Awad welcomed more than 655 global investors as well as CEOs, C-suite execs and IR…
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