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Global FDI plunges 49% on covid lockdowns
Global foreign direct investment fell 49% y-o-y in 1H2020 as lockdowns across the world and recession fears caused a slowdown…
Bank ABC to wrap up due diligence on Blom Bank Egypt in mid-November
M&A WATCH- Bahrain’s Arab Banking Corporation (Bank ABC) will wrap up due diligence on Blom Bank Egypt in mid-November, ahead…
CIRA’s school in New Mansoura is now up and running -El Kalla
Leading private sector education outfit CIRA has opened the doors of its new Regent British School in New Mansoura, Chairman…
Apex to manage Lorax Capital’s LCP II fund
PRIVATE EQUITY WATCH- Egyptian PE outfit Lorax Capital has appointed financial services provider Apex Group as fund administrator to its…
GAFI wins MENA investment promotion award
KUDOS: GAFI has been acknowledged as the investment promotion agency that attracted the best investment project in the Middle East…
Orascom Construction, Hassan Allam, Samcrete to invest in new railways company
The private sector is getting involved in the government’s move to locally produce railcars: Orascom Construction, Samcrete and Hassan Allam…
Bond bulls return to Egypt, more than doubling foreign holdings in five months
Foreign investors are piling into Egyptian debt: Foreign inflows into Egyptian bonds have surged to more than USD 20 bn…
Egypt-focused Badia Impact Fund II achieves first close of USD 36 mn
INVESTMENT WATCH- Egypt-focused Badia Impact Fund II hits first close of USD 36 mn. The European Bank for Reconstruction and…
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