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Africa’s burgeoning welfare states
Poorer African countries are starting up welfare systems with impressive results, writes The Economist. In the five-year period between 2010…
DEVELOPMENT
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ARDIC to invest EGP 1 bn in Zizinia Al Mostakbal prooject
ARDIC for Real Estate Development and Investments is investing EGP 1 bn in its Zizinia Al Mostakbal project, the company…
Polaris, ARDIC, SIAC to develop infrastructure for 1 mn sqm in SCZone
A consortium of Polaris Al Zamil, ARDIC for Real Estate and Developments and SIAC Holding has begun developing infrastructure for…
Egyptian arbitration court grants Amer Group USD 39 mn in compensation
The Cairo Regional Center for International Commercial Arbitration has granted USD 39 mn in compensation to Amer Group in a…
El Attal plans to go public on Egypt’s exchange next year
IPO WATCH- Real estate player El Attal Holding is mulling a listing on the EGX sometime next year, Chairman Ahmed…
AfDB grants Egypt EGP 80 mn to support entrepreneurship
AfDB grants Egypt EGP 80 mn to support entrepreneurship: The African Development Bank (AfDB) has signed an EGP 80 mn…
AIND completes UE Finance buyout at EGP 14 mn
M&A WATCH- AIND completes EGP 14 mn buyout of UE Finance: Arabia Investment, Development and Financial Investment Holding Company (AIND)…
What we’re tracking on 21 February 2019
Turkey-style migration agreement with the EU takes a step forward next week: The EU-Arab League summit is set to take…
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