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Majid Al Futtaim to invest EGP 44 bn in Egypt, inaugurates USD 580 mn City Center Almaza
INVESTMENT WATCH- Majid Al Futtaim to invest EGP 44 bn in Egypt in the coming years: Dubai-based real estate developer…
HSBC and Citibank compete for combined cycle stake sale role
PRIVATIZATION WATCH- HSBC and Citibank are competing to act as financial advisor on combined-cycle plant stake sale: Egypt’s sovereign wealth…
Egyptian b’naire Samih Sawiris acquires defunct Thomas Cook’s German business
M&A WATCH- Samih Sawiris acquires Thomas Cook’s German business: The Samih Sawiris majority-owned Raiffeisen Touristik Group (RT) has acquired the…
My Morning Routine: Yousef ElSammaa
Yousef ElSammaa, CEO of Falak Startups: My Morning Routine looks each week at how a successful member of the community…
Waste management startup Bekia raises USD six-figure investment
STARTUP WATCH- Cairo-based waste management startup Bekia raised a USD six-figure investment from Oman-based OTF Wadi, Menabytesreports. Bekia is an…
Mystery company Estadat takes over Presentation Sports
M&A WATCH- Mystery company Estadat takes over Presentation Sports: Newly-founded Estadat Holding has acquired 51% of Presentation Sports, which owns…
Rameda Pharma retail subscription surges on final day, offering closes 33x oversubscribed
Retail appetite for Rameda’s IPO surgest on last day; offering closing 36.3x oversubscribed: Retail investors poured into Rameda Pharma’s 5%…
Majid Al Futtaim to invest EGP 16 bn in Egypt in the next 2-3 years -CEO
INVESTMENT WATCH- Majid Al Futtaim to invest EGP 16 bn in next 2-3 years: Emirati real estate developer and retail…
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