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EKH plans five year, USD 500 mn investment drive
Egypt Kuwait Holding (EKH) plans to invest a total of USD 500 mn over the next five years. The investment…
Global dividends to bounce back to pre-pandemic levels this year
Big paydays are back for the world’s shareholders: Global dividends will bounce back to a near pre-pandemic level of USD…
More EBRD finance for the Cairo Metro?
Egypt could receive an EUR 250 mn loan from the European Bank for Reconstruction and Development (EBRD) to finance upgrades…
SFE lining up USD 2.5 bn in private-sector investment for desalination plants
SMART POLICY- The Sovereign Fund of Egypt (SFE) is looking to do with desalination what Egypt did last decade with…
Iran inches closer to weapons grade uranium
Iran is getting closer to weapons-grade uranium -IAEA: Tehran has achieved near-weapons grade uranium, according to a report by the…
More startup news than you can shake a stick at
Transport startup Schoolz has closed a six-figure USD pre-seed round from angel investors in Egypt and Saudi Arabia, the company…
Wheat shortages could push bread prices higher for us and other importers
Bread prices could be about to rise as three of the world’s biggest wheat exporters face shortages and quality concerns,…
No, NIB will not be liquidated — but it is restructuring
The Madbouly government is NOT liquidating NIB, only restructuring it: The state-owned National Investment Bank (NIB) is not being liquidated,…
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