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Egypt’s Bab El Azab revamp to get underway as sovereign fund inks agreement with SCA
Bab El Azab to be transformed into tourist area under agreement between sovereign fund, antiquities council: The Sovereign Fund of…
Egypt purchases 120k tonnes of Ukranian wheat in third int’l tender of local harvest season
GASC purchases 120k tonnes of Ukranian wheat in third int’l tender of local harvest season: State grain buyer GASC, the…
Mohamed Aboulghait appointed CIO of Amer Group
MOVES- Mohamed Aboulghait (Linkedin) was named chief investment officer (CIO) of Amer Group as of 1 May 2020. Aboulghait previously…
Earnings watch: Domty records uptick in 1Q2020 profits
EARNINGS WATCH- Domty profits up 11% in 1Q: Arabian Food Industries (Domty) recorded EGP 32.1 mn in net profit in…
Egyptian fintech startups Klickit, Paymob land contract for online tuition fee payment service
STARTUP WATCH- Egyptian fintech startups land contract for online tuition fee payment service: Local fintech startups Klickit and Paymob have…
Sovereign Fund of Egypt enters SWF global rankings at #43
Sovereign Fund of Egypt enters SWF global rankings at # 43: The Sovereign Fund of Egypt (SFE) ranks 43rd out…
Egypt’s GASC is tapping the international wheat market
GASC is tapping the international wheat market again: State grain buyer GASC issued yesterday a global wheat tender as the…
Mediterrania Capital to merge MetaMed and Cairo Scan ahead of IPO
IPO WATCH- Mediterrania Capital Partners will merge its newly acquired diagnostics network MetaMed with Cairo Scan with an eye on…
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