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This Carbon Holdings subsidiary is in trouble
Carbon Holdings’ EHC needs to restructure USD 600 mn in debt: Carbon Holdings subsidiary the Egyptian Hydrocarbon Company (EHC) is…
What the markets are doing on 11 April 2021
Alibaba just got slapped with China’s largest antitrust penalty, with Chinese regulators imposing a USD 2.8 bn fine on the…
Also on our Radar on 11 April 2021
Economy-class passengers planning international flights on EgyptAir can now keep adjacent seats vacant by booking them at a discounted rate…
Gov’t to support 1 mn aspiring entrepreneurs through state-backed learning program
A “1 mn entrepreneurs” initiative will make educational material for aspiring entrepreneurs available online as part of the state-backed Rowad…
Domty expands into milk products
EXCLUSIVE- Food manufacturer Domty is launching this week a USD 2 mn milk products production line, marking the company’s first…
Paymob raises USD 18.5 mn series A round
Payment gateway Paymob completed its series A round with USD 18.5 mn raised, the company said in a statement (pdf).…
TONIGHT: We’re waiting for Ramadan restrictions — and for details on Biden’s plan to tax multinationals
…and that’s a wrap, everyone. We hope Thursday has been kind to you all and that you’re looking forward to…
What the markets are doing on 8 April 2021
The British company that owns the biotechnology behind the Oxford / AstraZeneca jab is going public — in the US.…
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