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Aldar could target retail + education acquisitions in Egypt
Egyptian retail + education assets could be in Aldar’s crosshairs: Aldar Properties will spend at least AED 5 bn (c.…
First Abu Dhabi Bank makes play for EFG Hermes
First Abu Dhabi Bank wants EFG Hermes: First Abu Dhabi Bank (FAB) has offered to buy a majority stake in…
Abu Dhabi ports shares surge on ADX following IPO + Dubai’s SHUAA wants to SPAC
Shares in Abu Dhabi Ports jumped as much as 17% on its ADX debut yesterday, marking the latest success for…
Investors take a u-turn on green startups + major corporates are killing the five-day work commute
Green startups stocks tumble following last year’s meteoric rise: Electric vehicle startups and several other green tech firms boomed in…
Egypt Post enters the sports market
Egypt Post’s investment arm, Post for Investment (PFI), has acquired 20% of state-owned sports management company Estadat Holding, Estadat CEO…
Tonight: Egypt go head-to-head with Senegal in Afcon 2021 final; Egypt Post is getting into sports management; Shoukry holds AU climate talks; More volatility ahead in the global markets
This question on everyone's lips this afternoon (whisper it): Is it coming home? The Pharaohs could get their hands on…
Wintershall Dea exits Gulf of Suez oil concession
Wintershall Dea is now an ex-oil producer in Egypt: Wintershall Dea divested its stake in its Gulf of Suez oil…
Swvl receives funding boost ahead of Nasdaq SPAC merger + Anghami starts trading
The EBRD is backing Swvl ahead of Nasdaq debut: Egypt-born, UAE-based mass transit app Swvl has new investors on board…
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