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Unionaire rebrands as UGT
Unionaire Group Technology has announced its rebranding toUGT. The new entity will include Unionaire, Premium, Fine Stone and TCL, and…
THIS MORNING: It’s interest rate day; when are we returning to work?
Good morning, wonderful people, and welcome to the final workday of the week. Is there anything in the world better…
Also on our Radar on 27 April 2021
Elsewedy Electric subsidiary signs EGP 870 mn agreement for Delta regional control center: A consortium of Elsewedy Electric’s unit, Elsewedy…
THIS MORNING: Madbouly to announce 2021-2022 reform agenda today; food prices surge to eight-year highs
Good morning, dear readers — we’re halfway through Ramadan already. The news is mercifully light this morning as we look…
Evergrow mulls offering 40% stake in IPO
Egyptian fertilizer company Evergrow plans to offer a 40% stake in an IPO on the EGX in 2023, Chairman Mohamed…
Cairo Angels invests in Kashat
Kashat has landed Cairo Angels’ largest investment to date: VC firm Cairo Angels has made an undisclosed investment in our…
UAE’s Dana Gas walks back on plans to offload Egypt assets
Sale of Dana Gas’ Egyptian assets breaks down: Abu Dhabi-listed energy producer Dana Gas has canceled plans to sell its…
Also on our Radar on 25 April 2021
EFG Hermes Corp Solutions has received some EGP 500 mn-worth of loan requests from brokerages looking to finance margin trades…
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