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Gov’t mulling transferring all state-owned enterprises to Sovereign Fund of Egypt
Good afternoon folks, and happy Wednesday. We’ve got another busy issue for you today, with the main highlight news about…
PFI Asset management takes over the management of HDB money market fund
PLUS: Basata ups stake in MadfoatCom
Eroglu doubles down on Egypt with USD 120 mn garment factory
The factory will roll out 30 mn garments a year
Qalaa Holdings inaugurates two factories with combined investments of EGP 427 mn
The company expects the new facilities to increase export revenues by USD 40 mn
China’s Haier plans to invest USD 500 mn expanding its complex in Tenth of Ramadan
Haier to invest USD 500 mn in expanding Tenth of Ramadan complex: Chinese appliance manufacturer Haier plans to inject USD…
Gov’t to hand slaughterhouses to private players
PLUS- Smartphone distributor JIT has a USD 15 mn expansion plan in the pipeline
Shard Capital, Alqahtani Holding ink framework agreement for USD 7 bn petrochemical complex
The project will be private sector led and private sector funded
Local queue management solution provider Qme closes USD 3 mn seed round
The funding round was led by UAE-based tech company AHOY
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