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Another export subsidies milestone + Beni Suef dry port tender coming next year
EXPORTS- That’s a wrap: The government disbursed EGP 2.5 bn to 584 exporters last Thursday to wrap the fifth phase…
A year of reckoning for Planet Startup, but we came out stronger
It was an eventful year for StartupLand to say the least: Startups and venture capitalists alike have faced a slew…
Vodacom is officially Vodafone Egypt’s majority shareholder
South Africa’s Vodacom now owns the lion’s share of Vodafone Egypt: Vodafone Group has transferred its 55% stake in its…
PTS Projects invests in local healthcare network EDAM
Local healthcare company EDAM has new shareholders: PTS Investments Holdings’ Egyptian arm PTS Projects has acquired a minority stake in…
Saudi sovereign wealth fund could finalize United Bank acquisition this year
PIF could acquire United Bank this month for USD 600 mn: Saudi Arabia’s sovereign wealth fund could acquire the state-owned…
Chimera completes acquisition of MNT stake from GB Auto
CONSTRUCTION- Egypt-based Engineering Consultants Group (ECG) was awarded a contract to design a multi-purpose hall for Saudi mega city Neom,…
THIS EVENING: Chimera snaps up 7.5% stake in MNT from GB Auto +
Good afternoon, ladies and gents, and welcome to the start of a new week. It’s a relatively calm news day…
Taqa is now Masdar’s biggest shareholder
Mubadala sells majority stake in Masdar to Taqa + Adnoc: The UAE’s national oil company Adnoc and state energy firm…
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