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Abu Dhabi sovereign wealth fund invests USD 1 bn in LuLu’s Egypt expansion
INVESTMENT WATCH- Abu Dhabi’s sovereign wealth fund ADQ Holding will invest USD 1 bn in retailer LuLu’s Egypt expansion, the…
How anticipating Egypt’s needs led Fawry to success
Fawry was fintech before “fintech” was even a word: Fawry founder and CEO Ashraf Sabry is our guest on this…
Helmy, Hamza & Partners wins IFN Law award
KUDOS #2- Helmy, Hamza & Partners were selected as the winner of the IFN LawAwards’ capital markets category, according to…
Yasmine Khamis appointed Oriental Weavers non-executive chairman
MOVES- Yasmine Khamis has been tapped to become Oriental Weavers’ non-executive chairman, replacing Salah Abd El Aziz who will become…
House Legislative committee greenlights Bankruptcy Act amendments
LEGISLATION WATCH- Changes to the Bankruptcy Act that would give creditors more power to decide the future of bankrupt businesses…
Egypt’s CPA goes after schools refusing 25% refund of last year’s school bus fees
CPA goes after schools refusing 25% refund of last year’s bus fees: Three unnamed schools and a private university were…
Egypt’s valU, El Gouna school sign tuition payment agreement
valU, El Gouna school sign tuition payment agreement: EFG Hermes’ consumer finance arm valU has signed an agreement with El…
AluNile eyes stakes in building materials companies in 2021
M&A WATCH- Ezdehar’s Nile Aluminum and Metals Company (AluNile) is eyeing stakes in other building materials companies and could start…
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