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Meet the players interested in getting in on the Egypt Mid-Cap Fund II
Everyone wants in on Egypt Mid-Cap Fund II, which will close in May: Private equity firm Ezdehar may be looking…
EKH to invest USD 300 mn through the end of 2022
EK Holding plans to invest USD 300 mn this year and next in new and existing projects and to purchase…
How Actis is doubling down on investment in physical infrastructure
Actis is doubling down on investment in physical infrastructure: It’s music to our ears when a major global investor such…
Sovereign fund eyeing a piece of Atyab? Plus: The latest on the Mogamma.
Sovereign fund looking to get in on ADQ’s acquisition of Atyab? The Sovereign Fund of Egypt (SFE) is reportedly mulling…
Earnings Watch: EFG Hermes
The EGX30 fell 1.1% at today’s close on turnover of EGP 997 mn (32.6% below the 90-day average). Local investors…
Wataniya sale pushed back to 2H2021
The sale of 80-90% of military-owned Wataniya Petroleum has been pushed back to 2H2021, sources close to the transaction told…
Coca Cola, Porto Group, and BTech have big plans this year
Coca-Cola Egypt is planning to invest EGP 1 bn in Egypt this year to expand its production capacity, including setting…
USD 2.5 bn of Saudi investment in five years + Meamar launches healthcare unit
Sharbatly Group pouring USD 2.5 bn into Egypt? Saudi investor Hassan Sharbatly plans to invest some USD 2.5 bn in…
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