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Almarai now owns 100% of Beyti
Saudi’s Almarai buys PepsiCo out of Beyti: Saudi dairy producer Almarai has bought PepsiCo’s entire 48% stake in the parent…
Valuation dispute puts Saudi United Bank acquisition at risk
Saudi wealth fund takeover of United Bank in jeopardy? The Public Investment Fund (PIF) has reportedly hit ‘pause’ on talks…
State-owned hotels company will offer 20% to strategics — and 5% on the EGX. PLUS: Misr Life sale update
Twenty-five percent of new hotels company up for grabs: The government will offer a 20% stake in its new hotels…
THIS MORNING: The SCZone could be heading to China + BasharSoft just trialed a four-day work week — and the results were impressive
Good morning, wonderful people, and happy THURSDAY. We have an absolutely packed issue for you this morning — one that…
Gov’t reveals names of 4 companies awarded golden licenses
They’ve got a golden license: Our friends at Hassan Allam Utilities, as well as developer Bloom Real Estate Development, truckmaker…
VC funding falls to nine-year low in 4Q 2022
Economic uncertainty sent fundraising by venture-capital firms plunging to a nine-year low in the fourth quarter of 2022, the Wall…
Outsourcer Transcom to invest EUR 40 mn to expand Egypt operations
Outsourcer Transcom to invest EUR 40 mn to expand Egypt operations
Avanz Capital eyes SME space + National Navigation mulls a return to the EGX
More funds for Egyptian SMEs: Avanz Manara, a private equity vehicle focused on Egyptian SMEs, plans to make three new…
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