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Pioneers, Arab Dairy report higher net income in 1Q2021, Kabo narrows losses
EARNINGS WATCH- Pioneers Holding net income inched up to EGP 299.6 mn in 1Q2020, up 10.4% y-o-y from EGP 271.3…
Egypt + France are trade BFFs
The foreign press is zoning in on French Finance Minister Bruno Le Maire’s visit to Cairo, where he signed a…
Tamer Azer appointed Egypt partner for Shorooq Partners
Emirati VC firm Shorooq Partners has appointed Tamer Azer (LinkedIn) as a partner in its new Cairo office, according to…
SFE, GEMS collaborate on Sixth of October schools
The Sovereign Fund of Egypt (SFE) and GEMS Egypt will establish at least two schools in Sixth of October City’s…
Four companies to IPO in 2H2021?
The EGX could see as many as four companies debut shares during the second half of the year, EGX Chairman…
Jumia flags Egypt as a top investment destination, looking at everything from digital payments to last-mile delivery
Africa-focused e-commerce giant Jumia plans to invest over USD 590 mn in Egypt and other African countries over the upcoming…
UAE-based StarLink sets up Africa headquarters in Egypt
Cyber and cloud distributor StarLink has established its Africa headquarters in Egypt, the company announced in a statement on Wednesday.…
A deadline for companies that haven’t pulled the trigger on their IPOs
BdC is one of at least four companies that now face a year-end deadline to go public. The news comes…
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