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Egypt Post enters the sports market
Egypt Post’s investment arm, Post for Investment (PFI), has acquired 20% of state-owned sports management company Estadat Holding, Estadat CEO…
Tonight: Egypt go head-to-head with Senegal in Afcon 2021 final; Egypt Post is getting into sports management; Shoukry holds AU climate talks; More volatility ahead in the global markets
This question on everyone's lips this afternoon (whisper it): Is it coming home? The Pharaohs could get their hands on…
Wintershall Dea exits Gulf of Suez oil concession
Wintershall Dea is now an ex-oil producer in Egypt: Wintershall Dea divested its stake in its Gulf of Suez oil…
Swvl receives funding boost ahead of Nasdaq SPAC merger + Anghami starts trading
The EBRD is backing Swvl ahead of Nasdaq debut: Egypt-born, UAE-based mass transit app Swvl has new investors on board…
Lighthouse to acquire two schools in Cairo this year
Lighthouse to buy two schools this year: State-backed education investment platform Lighthouse Education is looking to put the entirety of…
Levari acquires Kassim in rare legal merger
Cairo-based law firm Levari is acquiring Jordan-based M&A-focused law firm Kassim Legal, in a merger that sees Levari expand its…
THIS EVENING: Lighthouse to buy two schools in 2022 + SC Authority sets up EGP 2 bn fund + ALSO: OPEC+ green lights production hike
Happy almost-Thursday, ladies and gentlemen. It’s another busy afternoon as we rush towards the end of the workweek, so let’s…
Local pharma player Nerhadou attracts private equity interest
Nerhadou may have new minority shareholders: Emerging-market private equity firms Affirma Capital and StonePine have agreed to invest USD 20…
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