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Target trims stake in Real Estate Egyptian Consortium
Target Real Estate Investment has reduced its stake in EGX-listed Real EstateEgyptian Consortium from 13.2% to 11.5%, selling nearly 6.8…
Can Egypt weather a taper tantrum 2.0?
Egypt’s world-beating real interest rate will help it weather an uptick in global rates, but the country faces some risk…
First the Russians. Now the Swiss return to the Red Sea.
Sharm El Sheikh yesterday received the first direct flight from Switzerland in more than five years after a flight ban…
Speed Medical secures nearly USD 100 mn in financing from Luxembourg-based EM investor
Speed Medical has landed some EGP 1.57 bn in financing from EM-focused alternative investment outfit Global Emerging Markets (GEM) in…
Euro inflation hits 10-year high off of rising food and industrial prices
Euro inflation has hit a 10-year high: Rising energy, food, and industrial prices drove consumer price inflation in the eurozone…
Ergo buys 49% stake in studio behind Souad, Paranormal
State-owned media investment firm Ergo Media Ventures will acquire a 49% stake in TV and film production company Film Clinic,…
Amethis hits first close on fund with big Egypt earmark + Amazon inaugurates 10 Ramadan warehouse
Amethis’ new private equity fund has a big Egypt earmark, will see the firm open an office here: Africa-focused, Paris-headquartered…
Strategy tips from fund managers with USD 3 tn in collective AUM
How some of the world’s biggest institutional players are navigating these strange times: Covid lockdowns. Increasing inflation. Xi Jinping’s Great…
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