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EFG, SFE closing in on AIB acquisition + El Salhiya is on the block
The Sovereign Fund of Egypt and EFG Hermes look set to wrap up their acquisition of Arab Investment Bank this…
ADQ’s Agthia is one step closer to Atyab takeover
ADQ Holding’s Agthia to move forward with Atyab acquisition soon: Emirati state-owned investment firm ADQ Holding’s food subsidiary Agthia has…
ADQ teams up with Adnoc on Wataniya bid
Abu Dhabi’s sovereign wealth fund ADQ is joining forces with Abu Dhabi National Oil Company (Adnoc) in its takeover bid…
Algebra Ventures doubles down on Egypt with USD 90 mn fund
Algebra launches USD 90 mn tech fund: Algebra Ventures has launched a second tech fund that will invest USD 90…
Growing global debt pile could lead to market shock down the line
Central bankers may have righted the ship, but investors are struggling to find returns and diversify their portfolios as stimulus…
Kuwait’s SWF eyes new acquisitions in Egypt’s pharma, food sectors
Kuwait’s sovereign wealth fund KIA is planning to acquire minority stakes in four to five companies in Egypt over the…
Why are VCs and angels wary about investing in green startups?
Why are VCs and angels wary about investing in green startups? In 2020, VCs and angel investors made 49 investments…
Azimut Egypt eyes two new funds
Azimut Egypt Asset Management plans to launch two new funds this year, with one going live within a few days…
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