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Swvl to invest USD 15 mn in Argentina expansion
Mass transit firm Swvl is investing USD 15 mn in Argentina over the next three years to scale the company’s…
THIS MORNING: It’s Fed decision day; Swvl on course to hit the Nasdaq on 31 March; AfDB in town for COP 27 talks
Good morning, wonderful people, and welcome to almost-THURSDAY, which longtime readers know is how we prefer to think of the…
THIS EVENING: Lekela Power could invest up to USD 1 bn in Egypt in next four years + Fresh sanctions, civilian evacuations dominate Russia-Ukraine news
Happy almost-THURSDAY, wonderful people. We have a relatively quiet news cycle here at home, coupled with the mandatory developments on…
Agthia still has its eye on Egypt acquisitions
UAE’s Agthia eyes more Egyptian acquisitions following more than sixfold growth in net income: Emirati state-owned investment firm ADQ Holding’s…
Gov’t to pay EUR 150 mn to Alstom consortium for monorail work
The Transport Ministry will soon pay out EUR 150 mn to the Alstom-led consortium implementing the Sixth of October-new capital…
Upcoming SPAC listings are on life support
Hedge funds are cashing in as “desperate” SPACs hemorrhage investments: Special purpose acquisition companies are having to turn to hedge…
Qatari dairy firm Baladna acquires 5% of Juhayna + Compass ups share in Rameda
Qatar’s Baladna acquires 5% stake in Juhayna: Qatari dairy firm Baladna has acquired a 5% stake (47.1 mn shares) in…
Greenback surges on Ukraine worries
The USD is getting stronger because of the Ukraine war: The USD has surged to its highest level since the…
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