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Egypt’s Baraka Bank to launch sharia-compliant daily return mutual fund
Al Baraka Bank is planning to launch a sharia-compliant investment fund that pays out dividends on a daily basis, Al…
Egyptian education startup COLNN secures USD 100k seed round from EdVentures
STARTUP WATCH- Education solutions startup COLNN secures USD 100k seed round: Egyptian education solutions startup COLNN has secured USD 100k…
Deutsche Hospitality to open two new Steigenberger hotels in Egypt by year-end
Deutsche Hospitality will inaugurate two new Steigenberger-branded hotels in Taba and Luxor by the end of the year, the German…
Egypt’s investment minister discusses investment in London
Nasr talks investment in London: Investment Minister Sahar Nasr discussed encouraging British companies to invest in Egypt, particularly in the…
Investec acquires Spinney’s for undisclosed sum, marking its first PE investment in Egypt
M&A WATCH- Investec has acquired Spinney’s Egypt from Abraaj for an undisclosed figure, marking the asset management company’s first private…
A mixed bag of nuts on Egypt’s airwaves last night: Egypt’s economy growing fast, Nasr in London, a dose of Amr Adib
It was a mixed bag of nuts on the nation’s airwaves last night, with no single topic dominating the conversation.…
Al Sahab Real Estate to set up USD 300 mn wholesale clothing market
INVESTMENT WATCH- Al Sahab to set up USD 300 mn wholesale clothing market: The Supply Ministry’s Internal Trade Development Authority…
No stake sales in state companies happening before September
EXCLUSIVE- No stake sales in state companies happening before September: The sale of additional stakes in already listed state companies…
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