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EM bonds on course for their worst quarter in 24 years + UAE positioning itself as a global crypto hub
It hasn’t been like this in 24 years: USD-denominated emerging bonds are on course to have their worst quarter since…
Gov’t downgrades FY 2021-2022 GDP forecast
Surprise: The economy won’t grow as much as expected this year due to Russia’s war in Ukraine: The government has…
EIB lends EUR 150 mn to Telecom Egypt for 4G upgrades
EIB supports 4G expansion with EUR 150 mn loan to TE: Telecom Egypt (TE) has secured a EUR 150 mn…
Shorooq Partners launches USD 150 mn Bedaya Fund II to back startups
UAE-based VC firm Shorooq Partners has launched its USD 150 mn Bedaya Fund II to back early-stage startups operating in…
NBE launches EGP 2 bn SME fund of funds
State-owned banks launch EGP 2 bn SME fund of funds: A group of banks and financial institutions led by the…
Egypt Deep-Tech to reach first close soon, plans to invest in 10 firms this year
Sequence Ventures is looking to invest EGP 150 mn in 10 tech companies this year via its Egypt Deep-Tech fund,…
EFG Hermes’ private equity units eye fresh investments + acquisitions
EFG Hermes-led Vortex Energy, RX Healthcare, and Education Fund eyeing fresh investments + acquisitions: EFG Hermes’ Egypt Education Fund, and…
Catalyst Partners launches EGP 1 bn SME-focused fund, expects first close in April
Catalyst Private Equity has launched a EGP 1 bn impact investment fund that will target Egyptian SMEs, it announced in…
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