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Elmenus raises undisclosed Series B investment from Foodora co-founder
Cairo-based food delivery startup Elmenus has received funding from Foodora co-founder and ex-VP of Delivery Hero Julian Dames, the company…
Gov’t talks railways, renewable energy with Siemens on second day of ministerial visit to Berlin
Gov’t talks railways, renewable energy with Siemens during ministers’ second day in Berlin: Siemens looks like it will be doing…
Egypt’s CIRA to acquire 60% of the UAE’s Starlight Education
M&A WATCH- CIRA to acquire 60% of the UAE’s Starlight Education: Leading private-sector education provider Cairo for Real Estate and…
Egypt hopes to reach a non-loan program agreement with IMF before October
Egypt is in talks with the IMF for a non-loan program and hopes to reach an agreement by October, Finance…
Egypt breaks silence on US Mideast economic plan
Egypt breaks silence on US Mideast economic plan: Egypt will attend this week’s Bahrain conference on Palestinian economic development to…
Egypt’s state-owned companies given the green light to hire investment banks for land sales
EXCLUSIVE- Public Enterprises Ministry gives gov’t companies green light to hire investment banks for land sales: Several state-owned companies are…
Euroclear delegation in Egypt to wrap up procedures making debt “euroclearable”
EXCLUSIVE- Euroclear is in Egypt to wrap up procedures that will make EGP-denominated debt “euroclearable”: A delegation from Euroclear is…
House approves FY2019-2020 state budget
LEGISLATION WATCH- The FY2019-2020 budget has cleared the House. The House of Representatives has approved the FY2019-2020 state budget, which…
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