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Edita starts operations at Morocco factory
Edita Food Industries has started operations at its new production facility in Morocco, the company announced in a statement (pdf)…
US consortium gets EGP 3.5 bn Mogamma revamp contract
US-led consortium tapped for Mogamma overhaul: A consortium of US-based GlobalVentures and Oxford Capital together with the UAE’s Al Otaiba…
Investor activism in Europe could be entering a new “golden age”
Investor activism in Europe could be entering a new “golden age”: So says professional services firm Alvarez & Marsal (A&M)…
THIS EVENING: Has Big Tobacco swayed the state on the tobacco license tender? + Elsewedy, Edita go big on Africa expansions
Today is a big news day for Egyptian companies investing abroad, ladies and gentlemen, with Elsewedy Electric and Edita both…
Filkhedma scores investment from The Cairo Angels
Home services marketplace Filkhedma raised an undisclosed amount in a fresh investment round from The Cairo Angels, Wamda reported. “This…
The UAE’s Chimera just bought a stake in Gemini. Plus: B Investments acquires take in Egyptian IVF Center
The UAE’s Chimera bought 25% of Sawiris’ Gemini Global Development in a USD 100 mn transaction? Abu Dhabi-based investment firm…
Omicron who?
The spread of the Omicron variant will not delay or otherwise affect Abu Qir Fertilizers’ plans to sell 10-15% of…
A Gulf-Lebanon detente
A Gulf-Lebanon detente: French President Emmanuel Macron and Saudi Arabia’s Crown Prince Mohammed Bin Salman announced a joint initiative to…
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