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Euro inflation hits 10-year high off of rising food and industrial prices
Euro inflation has hit a 10-year high: Rising energy, food, and industrial prices drove consumer price inflation in the eurozone…
Ergo buys 49% stake in studio behind Souad, Paranormal
State-owned media investment firm Ergo Media Ventures will acquire a 49% stake in TV and film production company Film Clinic,…
Amethis hits first close on fund with big Egypt earmark + Amazon inaugurates 10 Ramadan warehouse
Amethis’ new private equity fund has a big Egypt earmark, will see the firm open an office here: Africa-focused, Paris-headquartered…
Strategy tips from fund managers with USD 3 tn in collective AUM
How some of the world’s biggest institutional players are navigating these strange times: Covid lockdowns. Increasing inflation. Xi Jinping’s Great…
Work on the RIZ to start by early 2022
The Suez Canal Economic Zone will begin work on the new and improved Russian Industrial Zone (RIZ) by the beginning…
CBE OKs acquisition of 76% of AIB by EFG and SFE
CBE gives final thumbs up to Arab Investment Bank acquisition: EFG Hermes and the Sovereign Fund of Egypt (SFE) have…
Swvl to invest up to USD 300 mn globally over next three years
Mass transport startup Swvl is planning to invest USD 250-300 mn over the next three years to expand its global…
Hisense plans USD 170 mn investment + Paralympians steal the show
Diplomacy was the belle of the ball on last night’s talk shows, with everyone and their mother talking about and…
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