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SFE eyes tech sub-fund
The Sovereign Fund of Egypt (SFE) is working to launch a technology-focused sub-fund, CEO Ayman Soliman told Al Arabiya. The…
Saudi wealth fund to jump on the green debt bandwagon
Saudi Arabia's sovereign wealth fund will soon announce its first green debt issuance, with borrowing linked to sustainability, according to…
UAE in talks with Turkey on energy investment as relations thaw
The UAE is in talks with Ankara on investment in Turkey’s energy sector, Turkey’s deputy energy minister told reporters yesterday,…
E-commerce player Cartona raises USD 4.5 mn pre-series A funding
Egyptian B2B e-commerce platform Cartona has raised USD 4.5 mn in a pre-series A round led by the Dubai-based VC…
Bidayat, SFE partner on innovation zone in Islamic Cairo
Islamic Cairo could host the region’s first “innovation zone”? Rachid Mohmaed Rachid’s Bidayat will study the possibility of developing the…
5 state companies could offer shares on the EGX by June 2022
Five state companies could offer shares on the EGX during the state’s current fiscal year, which ends in June 2022,…
Companies + governments are rushing to issue debt before the Fed taper
Companies + governments are rushing to issue debt before the Fed taper: The past week saw a spike in USD-…
Alameda to double investments in Egypt over the next 5 years
Alameda to double Egypt investments in the next 5 years: Healthcare provider Alameda plans to invest EGP 5 bn over…
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