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Four international institutions team up to develop hospitals in Egypt and Morocco using Commodity Murabaha finance structure
INVESTMENT WATCH- EBRD and IFC are among backers of a new greenfield hospital in Alexandria. Al Batterjia Medical Group, a…
Audi walks away from NBG bid, receives acquisition bids for online brokerage arm
M&A WATCH- Bank Audi walks away from NBG assets acquisition amid expected sale to FAB: Bank Audi is no longer…
Dragon Oil to invest USD 650 mn in Egypt over five years
INVESTMENT WATCH- Dragon Oil to invest USD 650 mn in Egypt over the next five years: UAE-based oil and gas…
Four candidates will bid for HHD 10% stake + management rights on 23 February
EXCLUSIVE- Four companies expected bid for HHD 10% stake + management rights on 23 February: SODIC, BPE Partners, Palm Hills,…
ADIB annual profits rise 37%
EARNINGS WATCH- Abu Dhabi Islamic Bank reported a 37% increase in annual net profits, rising to EGP 1.1 bn in…
Mubasher’s Egypt brokerage firm acting as broker in Emerald IPO
IPO WATCH- Mubasher’s brokerage firm acting as broker in Emerald IPO: Mubasher Capital Holding for Financial Services’ trading arm is…
Bosta completes seven-figure USD series A funding round
STARTUP WATCH- Egyptian courier startup Bosta has raised seven figures in its series A funding round from European delivery giant…
Egyptians account for the largest share of MENA pre-seed startup founders
A quarter of the founders of pre-seed startups operating in the MENA region are Egyptian — meaning that we eclipse…
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