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New incentives for airlines to fly to tourist hotspots + Jumia links up with Valu
Airlines receive 50% operating fee discount at tourist hotspots: Airlines are getting 50% off on landing, accommodation, and waiting fees…
EFG, SFE finalize acquisition of Arab Investment Bank
EFG Hermes is now officially a universal bank: Our friends at EFG Hermes finalized on Thursday their acquisition of a…
Lighthouse Education reaches EGP 560 mn first close
State-backed education investment platform Lighthouse Education has reached a first close of EGP 560 mn, beating its initial fundraising target,…
Farouk El Okda joins SFE’s board of directors
The Sovereign Fund of Egypt (SFE) has reportedly tapped former Central Bank of Egypt Governor Farouk El Okda to join…
Egypt wants to quadruple desalination capacity in 5 years through private sector tenders
Desalination nation: Egypt’s sovereign wealth fund has issued tenders for private companies to build 17 solar-powered desalination plants, part of…
The SFE is launching new sub-funds + Zoomcar, Creams Cafe expanding in Egypt
Next up on the SFE’s sub-fund menu: Education + manufacturing and distribution. The Sovereign Fund of Egypt (SFE) is planning…
SFE, Fertiglobe partner with Scatec for Ain Sokhna green hydrogen plant
SFE, Fertiglobe, Scatec agree on green hydrogen plant: Norway’s Scatec is set to build a 50-100 MW green hydrogen project…
THIS EVENING: OC-led consortium to implement Ras Ghareb wind farm + Egytrans pulls the brake on HAUH takeover offer ALSO: Regini trials unfold
Well, friends, we’ve made it through another workweek together, and our reward is not just a weekend, but the promise…
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