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China’s Vivo to invest USD 30 mn in Egypt over two years
Chinese smartphone maker Vivo is planning to invest USD 30 mn in Egypt over the next two years, Vivo Egypt…
Elsewedy has a busy pipeline of acquisitions in 2H2021, and further into 2022
Elsewedy Electric is aiming to close three new acquisitions and greenfield investments in the second half of the year, a…
TONIGHT: More Astrazeneca incoming. + A top US general is in Cairo. + Boeing-Airbus dispute finally shelved. ALSO: Source code for the internet is being auctioned off as an NFT.
Good afternoon, everyone, and welcome to a pleasantly brisk afternoon of news, with stories on M&A, digital payments and waste…
Pioneers, Arab Dairy report higher net income in 1Q2021, Kabo narrows losses
EARNINGS WATCH- Pioneers Holding net income inched up to EGP 299.6 mn in 1Q2020, up 10.4% y-o-y from EGP 271.3…
Egypt + France are trade BFFs
The foreign press is zoning in on French Finance Minister Bruno Le Maire’s visit to Cairo, where he signed a…
Tamer Azer appointed Egypt partner for Shorooq Partners
Emirati VC firm Shorooq Partners has appointed Tamer Azer (LinkedIn) as a partner in its new Cairo office, according to…
SFE, GEMS collaborate on Sixth of October schools
The Sovereign Fund of Egypt (SFE) and GEMS Egypt will establish at least two schools in Sixth of October City’s…
Four companies to IPO in 2H2021?
The EGX could see as many as four companies debut shares during the second half of the year, EGX Chairman…
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