Egypt Edition 
MENA+ Edition 
UAE Edition 
Saudi Edition 
AI + Innovation (MENA) 
Infrastructure 
Simplex plans KSA expansion with Riyadh CNC factory. PLUS: Madinet Masr, Taqa Arabia, Money Fellows, Al Amal Auto
The planned factory will be funded by its Saudi partner
NBE reports 89% bottomline growth in 3Q 2024
The lender saw its net income rise 88.9% y-o-y during the quarter
It’s homecoming for Mashreq as the bank opens in Oman
Execs say the bank has appetite to work with corporate, quasi-governmental, and state institutions — and could roll-out new digital…
Egypt’s current account deficit doubles to USD 5.9 bn in 1Q FY 2024-2025
The deficit was driven by a sharp increase in the trade deficit and a significant decline in Suez Canal revenues
Raseedi eyes seven-figure investment in newly acquired nanocredit outfit Kashat. PLUS: Apache, Madinet Masr, Bank ABC + Eroglu Garment, Goldman Sachs
Raseedi is negotiating with a VC firm and three banks for EGP 3 bn in financing over three years
Mashreq wraps up its Climb2Change environmental cleanup in Wadi Degla
The project removed nearly 2.2k tonnes of general waste and 120 tonnes of construction waste from the area
Raseedi completes full acquisition of nanocredit outfit Kashat
The company plans to expand into Morocco within 12 months, CEO Ahmed Atalla told us
MAFI secures USD 180 mn for its agri-food project in Sadat City
The project is expected to begin operations in March 2026
Something went wrong. Please refresh the page and/or try again.