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Misr Insurance makes a big education play
Misr Insurance Holding (MIH) is planning on forming an education platform with an initial investment capital of EGP 700-800 mn,…
Sawari Ventures to make new North Africa investments this year
Cairo-based venture capital firm Sawari Ventures plans to make new investments in Tunisia or Morocco this year, a source at…
Saudi’s RSGT has over USD 1.5 bn to invest in ports, and Egypt is on the short list
Could Egypt be in line for a slice of investments from a Saudi port operator? Red Sea Gateway Terminal (RSGT)…
Raya Holding is back into the green
EARNINGS WATCH- Raya reverses its net loss position in 1Q2021: Raya Holding reported a bottom line of EGP 35.8 mn…
EFG Hermes’ Awad on forays into merchant banking, foreign expansion of NBFS arm, and what’s next for the debt market. — part 2 of 2
Part two of our exclusive with EFG Hermes Group CEO Karim Awad continues this afternoon with a look at what’s…
EM debt levels rose at a faster pace than developed markets last year
Emerging market debt levels rose quicker than those in the developed world in 2020, and this “increasing divide” threatens to…
Mozare3 lands seven-figure pre-seed round from Algebra, Distruptech
Agri-fintech startup Mozare3 has raised a seven-figure investment in a pre-series A funding round led by Algebra Ventures and Disruptech,…
EFG Hermes’ Awad on the AIB acquisition, taking his franchise outside Egypt, and what will bring foreign investors back to the market — part 1 of 2
Few transactions have been as closely followed in Egypt’s banking and finance industries as has EFG Hermes’ acquisition of a…
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