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S&P 500 companies’ 3Q 2023 earnings come in four times above analyst expectations
More than 81% of 3Q earnings topped analyst expectations
EBRD could invest USD 40 mn in SPE Capital’s new North Africa-focused fund
The USD 350 mn fund will invest in mid-cap companies in Egypt, Morocco, and Tunisia
Bidders line up for a piece of Middle East Glass
DPI and Mediterrania Capital Partners are doing due diligence on the company
Surviving Nuclear Winter: What’s the state of funding in Egypt?
Uncertainty has created a challenging environment for firms looking for funding — and for those looking to deploy capital
Ezdehar to expand Zahran footprint by acquiring Alfa Market stores
Financially stricken Alfa Market is selling off branches to avoid defaulting on its debt
EBRD commits EUR 30 mn to Mediterrania Capital Partners midcap fund
The impact investor’s MC IV fund will target mid-cap firms in Egypt, Morocco and Tunisia, as well as sub-Saharan Africa
Abu Dhabi’s Chimera launches USD 50 bn alternative investment manager
Chimera Investment to launch one of MENA’s biggest investment management firms: Our friends at Abu Dhabi-based Chimera Investment are launching…
The government is extending its land-for-FX scheme for another 6 months. PLUS: Avanz Capital is planning fresh investment in Egypt
The initiative is one of many the government has introduced in response to the FX crunch
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