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Gov’t to decide on hotel privatization within two months
The Madbouly government plans to reassess which state-owned hotels will be merged into a new hotels company ahead of an…
Affirma Capital, StonePine close acquisition of minority stake in pharma player Nerhadou
Nerhadou has new minority shareholders: A private equity consortium of Affirma Capital and StonePine has closed its acquisition of a…
SFE, B Investments team up to invest EGP 2 bn in healthcare + pharma firms
SFE + B Investments to co-invest in healthcare, pharma: The Sovereign Fund of Egypt (SFE) and B Investments will together…
Fed looks set for a smaller quarter-point hike next week
The Federal Reserve looks set to slow the tempo of its interest rate hikes for a second time at its…
Goodbye GB Auto Group, hello GB Corp
AUTOMOTIVE- GB Auto is now GB Corp: GB Auto Group has rebranded itself as GB Corp, the company said in…
Travco wants to capitalize on the tourism rebound + Gov’t calls for USD 30 bn investments to reach 30 mn guests
High-profile tourism firm Travco Group plans to invest EGP 7 bn this year to raise its hotel capacity amid expectations…
Why some Egyptian startups prefer to set up shop abroad
Why — and how — do Egyptian startups incorporate offshore? Many Egyptian startups, especially those that have raised USD mns…
THIS MORNING: Introducing the Enterprise FDI + Exports Forum
Good morning, folks, and a very warm welcome to the Year of the Rabbit. To our friends and readers celebrating…
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