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Trafigura takes minority stake in Egyptalum smelter expansion
The expansion will carry an investment ticket of USD 750-900 mn and doubles the Naga Hammadi complex’s capacity
CPME moves to fully acquire of investment platform Evolve
CPME secured in-principle approval for a controlling stake in Evolve Holding
InvenTel fully acquires adtech startup Amzolute
The company runs campaigns for over 850 brands in over eight countries
HOF Capital leads group taking 45% stake in supercar brand Bugatti
Abu-Dhabi based investment firm BlueFive Capital is the largest investor in the HOF Capital-led consortium
Sawiris-led consortium starts rebuilding EUR 200 mn Moroccan Mogador resort
Phase 1 of the AED 4 bn re-development project will feature 800 hotel keys
A15 sells Viral Wave to Reservoir partner PopArabia
Plus: AI-native books platform Sinai.ai raises EGP 75 mn in a pre-seed round
Hassan Allam Holding expands water portfolio with MetiPro acquisition
The move aims to establish an integrated platform for wastewater projects in the region.
Banks set for acquisition rush as CBE scraps 40% ownership cap for financial companies
The CBE will by extension see its oversight of these companies increase as banks increase their stakes
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