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SFE to launch education sub-fund
The Sovereign Fund of Egypt (SFE) will soon launch a new sub-fund to invest in the education industry, CEO Ayman…
CBE leaves interest rates on hold for sixth consecutive meeting
The Central Bank of Egypt’s Monetary Policy Committee (MPC) left interest rates unchanged for a sixth consecutive meeting on Thursday…
An adhesive manufacturing facility to be set up in Cairo
HB Fuller wants to make Egypt its “gateway” to the region: HB Fuller will set up a new facility for…
Odin targets EGP 200 mn first close for joint fund with Kasb
OdinInvestments is targeting a EGP 200 mn first close for its EGP 500 mn joint equity fund with Saudi’s Kasb…
Hedge funds are coming for unlisted companies + Murdoch buys IHS’ energy info service
PE, watch out: Hedge funds are starting to eye up unlisted companies: Third Point, Marshall Wace, and BlueCrest Capital are…
New indices to track government bonds coming to a stock exchange near you
The EGX is rolling out a new index for publicly-traded government treasuries that will be up and running later today,…
Iran will get a new president this week + Zoom to pay USD 85 mn in privacy lawsuit
Iran will confirm its new president on 3 August: Ebrahim Raisi is set to assume the Islamic republic’s presidency, which…
Good news for FDI watchers
Tobacco giant Philip Morris is among several tobacco companies with local operations that are said to be interested in bidding…
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