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What we’re tracking on 1 April 2019.
No April Fools here: It’s the first day of April, starting the clock on 1Q19 earnings season. The resident 11-year-old…
MENA fund managers are bullish on Egypt, Dubai
MENA fund managers are bullish on Egypt, Dubai: Around half of Middle East fund managers say they are looking to…
CPG in talks with Egypt’s NUCA to acquire 500 feddans in Sheikh Zayed
Capital Group Properties (CPG) is in talks with the New Urban Communities Authority (NUCA) to purchase 500 feddans in Sheikh…
ITDA contracts Egyptian, foreign investors to develop EGP 30 bn logistics centers
The Internal Trade Development Authority (ITDA) has awarded contracts to Egyptian and foreign investors to develop six logistics and commercial…
Speed Medical to debut on EGX in six months after upcoming NileX IPO
IPO WATCH- Speed Medical is planning to IPO on the EGX within six months of listing of 25% of its…
EFG-managed Vortex divests stake in pan-European wind farm portfolio
INVESTMENT WATCH- EFG-managed Vortex Energy completes divestment from pan-European wind farm portfolio: Vortex Energy, an EU-based renewables company managed by…
SPE AIF I makes equity investment in Future Pharm. Industries
INVESTMENT WATCH- SPE Capital Partners takes stake in Future Pharm. Industries: SPE Capital Partners made an equity investment in Egyptian…
Finance Ministry issues financial guarantee for Oyoun Moussa plant
The Finance Ministry issued a financial guarantee for Al Nowais’ USD 4 bn 2.65 GW Oyoun Moussa coal plant, a…
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