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Homzmart closes USD 23 mn pre-series B round
Homzmart just closed one of Egypt’s largest funding rounds this year: Furniture and home goods marketplace Homzmart has closed a…
Aldar could invest USD 1.5 bn in Egypt, Saudi + the UAE over the next year
Emirati real estate giant Aldar Properties still sees potential to invest another USD 1.5 bn in Egypt, Saudi Arabia and…
THIS MORNING: FDI up in 3Q 2021-2022 + US-China relations could hit a new low today after Pelosi confirms she’s heading to Taiwan
Happy hump day, wonderful people. It’s a busy news day today — and just a little bit tense as we…
THIS EVENING: Aldar has its eyes on more Egypt investments + The first grain shipment out of Ukraine since the war leaves port
It’s another one of those summer afternoons that’s not packed with news but not quite what we would call a…
Emerging-market investors are turning to the EUR to fund carry trades
Move over, USD. The EUR is the new funding currency of choice for EM carry traders: Investors trading emerging-market currencies…
Gov’t has ambitious FDI + export targets this year
Egypt wants to attract USD 10 bn of foreign direct investment during the current fiscal year, Planning Minister Hala El…
Pharma players want revised pricing scheme + more incentives to ramp up investments
Pharma industry has its say on gov’t privatization plans: Last week, representatives from the pharma industry — including from private…
Traditional family offices are upping their venture capital game
Watch this space: Will family office involvement in VC become the next investment trend to land in the MENA region?…
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