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THIS MORNING: FAB isn’ t looking to buy Banque Misr or United Bank
Good morning, friends. We hope your week is off to a great start. THE BIG STORY here at home: Our…
Al Futtaim could invest up to USD 1 bn more in Egypt by 2025
Al Futtaim could invest up to USD 1 bn in Egypt: Emirati conglomerate Al Futtaim Group is looking to invest…
THIS EVENING: Al Futtaim to invest USD 1 bn in Egypt over 3 years + Oil slides as KSA says it could step in for Russian production
Good afternoon, wonderful people. It is finally the weekend and if that weren’t cause enough for celebration, we have good…
Cabinet to establish automotive policy committee + fund for sustainable transport
A new automotive policy committee and changes to the law governing the Sovereign Fund of Egypt (SFE) were approved during…
A level playing field?
PM spearheads fair competition push to boost privatization plans: Prime Minister Mostafa Madbouly will head a new ministerial committee to…
ADQ eyes investment in Egypt, Jordan manufacturing + PM pitches UAE investors on infrastructure projects
Abu Dhabi sovereign wealth fund ADQ will invest USD 10 bn in industrial projects in Egypt, the UAE and Jordan…
THIS EVENING: The state plans to sell 25% of EGX-listed Egyptalum + ADQ is investing USD 10 bn in UAE-Egypt-Jordan industrial partnership
Good afternoon, folks. As we anticipated this morning, it’s shaping up to be a rather busy week for business news…
ADQ, Chimera launch Middle East’s first blank-check company
Introducing the Middle East’s first SPAC: ADQ and Chimera’s ADC Acquisition Corporation officially began trading in Abu Dhabi on Friday,…
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