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“Marked” improvement in investor confidence in Egypt -EFG’s Awad
Investor confidence in Egypt is showing a “marked improvement,” EFG Hermes Group CEO Karim Awad said at EFG Hermes’ Egypt…
TONIGHT: We’re getting more development financing from AIIB + SODIC shareholders have 10 days to respond to Aldar-ADQ MTO. Plus: Biden turns on the oil taps
Happy hump day, wonderful people, and welcome to another relatively calm afternoon for the news as we slide towards the…
Gov’t working on national hydrogen strategy -Shaker
A national hydrogen strategy is in the works: The government is currently contracting with a global consulting office to develop…
VentureSouq launches USD 50 mn MENA fintech fund
Dubai-headquartered Venture capital firm VentureSouq has formally launched a USD 50 mn fintech fund that has already made several investments…
TONIGHT: SPAC rules are here + Hamdok could be returning as Sudan’s PM. Plus: Talking regulatory changes on the EGX at AUC / EPEA panel
Good afternoon, ladies and gents. It’s a slow start to the week, with barely any major news at home or…
Edtech startup Educatly closed a USD 1 mn pre-seed round
Edtech outfit Educatly closed a USD 1 mn pre-seed funding round from Irish state development lender Enterprise Ireland, Falak Startups…
Géant plans EGP 1 bn investment in Egypt
French hypermarket Géant plans Egypt spending spree: French hypermarket chain Géant Casino, a subsidiary of Groupe Casino, is planning to…
Will Abu Qir Fertilizers be next in the (revived) state privatization program?
The long-awaited sale of an additional stake by EGX-listed Abu Qir Fertilizers will go ahead within the next month, Public…
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