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Is Egypt the second-wealthiest country in Africa?
**#8 Egypt is the second-wealthiest country in Africa by total wealth, but a distant sixth in wealth per capita as…
Speed Round
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The EU is courting Egypt for a revived incentives for immigrants plan
Is the EU going to offer Egypt incentives for illegal migrant plan? It is now increasingly clear that a faction…
Egypt, Cyprus sign agreement on USD 1 bn gas pipeline
**#7 Egypt, Cyprus sign agreement on USD 1 bn gas pipeline: Oil Minister Tarek El Molla signed an agreement yesterday…
CFLD negotiations over new capital project stumble over profit share
New capital talks stumble on stake split? The New Administrative Capital Company (NACC) and China Fortune Land Development Company (CFLD)…
Court pushes reset button on Ibnsina antitrust case
Court pushes reset button on Ibsina antitrust case: An Egyptian court decided yesterday to restart legal proceedings on Ibnsina’s appeal…
Algebra Ventures looks abroad to raise USD 10 mn by year-end
Algebra Ventures is looking to raise USD 10 mn before the end of this year, founding partner Ziad Mokhtar said,…
Vezeeta raises USD 12 mn in series ‘C’ led by Saudi Telecom’s venture capital arm
**#6 Vezeeta raises USD 12 mn in Series C funding: Online medical bookings platform Vezeeta announced yesterday that it closed…
Compass completes EGP 380 mn capital increase for Bonyan
**#5 Compass has completed an EGP 380 mn capital increase for its portfolio company Bonyan for Development and Trade, bringing…
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