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Sawari Ventures nearing close on Egypt-focused VC fund, announces close of USD 35 mn North African fund
INVESTMENT WATCH- Sawari Ventures nearing close on large Egypt-focused VC fund: Sawari Ventures expects to announce soon the close of…
Algebra Ventures raises USD 1.265 in series “A” funding round for Jordanian ed-tech platform Little Thinking Minds
INVESTMENT WATCH- Algebra Ventures leads USD 1.27 mn series ‘A’ round for Jordan’s Little Thinking Minds: Jordanian education technology platform…
Elsewedy subsidiary to develop SCZone area for estimated EGP 10 bn
INVESTMENT WATCH- Elsewedy to develop EGP 10 bn industrial zone in SCZone: An Elsewedy Electric subsidiary has signed a contract…
Egypt’s Carbon Holdings secures USD 1.25 bn for petrochemical complex
INVESTMENT WATCH- Carbon Holdings has secured another USD 1.25 bn in financing to build its massive Tahrir petrochemicals complex after…
BP and Mubadala Petroleum buy stakes in Egypt’s Nour concession
INVESTMENT WATCH- BP buys 25% stake in Eni’s Nour concession: BP has acquired a 25% stake in the Nour concession…
Egypt signs financing, cooperation agreements at Africa 2018 Forum as El Sisi vows to support African development
INVESTMENT WATCH- Summing up the morning is a piece from Reuters on news of a USD 1 bn loan to…
Nabil Dweidar appointed interim head of Holding Co for Maritime and Land Transport
MOVES- Public Enterprises Minister Hisham Tawfik has appointed Nabil Dweidar as the interim head of the Holding Company for Maritime…
Italy offers economic support despite Regeni drama
Italy showing Egypt love despite Regeni tensions: Investment Minister Sahar Nasr has signed a EUR 45 mn agreement with Italian…
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