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Raya eyes expansion + EFIC plans fertilizer production upgrade
Raya Holding for Financial Investments will invest EGP 400 mn in 2021 to expand into new sectors, CEO Medhat Khalil…
Big plans for Egypt’s fintech space
Digital Finance Holding (DFin) has launched a new platform that will invest in fintech startups, it said in a statement…
Mansour retail, Ibnsina, Multi-Apex announce 2021 investment plans + lots of debt news
We have a smattering of investment and debt news that may be relevant to your industry, depending on where you…
EBRD sets aside EUR 1 bn for Egypt in 2021
The European Bank for Reconstruction and Development (EBRD) has earmarked a combined EUR 1 bn in financing and investment for…
Al Tayseer Healthcare Group has big plans for the future
Al Tayseer Healthcare Group (THG) plans to have six hospitals in its portfolio as it prepares to expand ahead of…
Fawry, CI Capital, MM Group make it into EGX30
Fawry is among five companies that have made it onto Egypt’s benchmark EGX30 index after the bourse completed a rebalancing…
Egypt is still Africa’s top FDI destination despite covid
Foreign direct investment into Egypt fell 39% in 2020 as fears over the coronavirus pandemic caused a historic drop in…
Mideast M&A activity picked up in 2H2020, Egypt is #2 for outbound transactions
The value of M&A activity in the Middle East nosedived 51% y-o-y to USD 58.7 bn in 2020 as M&A…
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