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The Saudis have arrived
The Saudi sovereign wealth fund acquired minority stakes in four EGX-listed companies for USD 1.3 bn yesterday, the Planning Ministry…
THIS EVENING: KSA snaps up USD 1.3 bn-worth of stakes in four state-owned, EGX-listed companies + It’s all about inflation today
Good afternoon, wonderful people. It’s a mostly good news kind of Wednesday, with the entry of Saudi sovereign wealth fund…
Money is leaving private equity, venture capital at a record pace
Investors are leaving private equity and VC funds at a record pace this year, as the era of cheap money…
Arab Alloys to build EGP 1 bn industrial complex in SCZone
The newly-established Arab Alloys Company is investing EGP 1 bn to build a ferroalloys industrial complex in the Suez Canal…
CFC Group to build USD 400 mn industrial complex in Qena under the new regional industrial partnership
Emirati fertilizer company CFC Group will establish an industrial complex in Qena Governorate under the new joint industrial partnership between…
THIS EVENING: Egypt-UAE-Jordan-Bahrain industrial partnership moving forward + Gaza gets power back
Good afternoon, wonderful people. It’s only Monday, but it’s another day of good news on the business front. THE BIG…
Printing and packaging industry players weigh in on privatization plans
What do printing and packaging manufacturers think of the state’s privatization plan? As part of its state ownership policy document,…
Startups globally are being urged to cut spending — What are Egyptian startups doing?
Startups in Egypt were urged to cut spending — are they listening? With global funding drying up in the wake…
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