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Don’t expect oil prices to stay lower for long
Crude prices could rise once more in 2023 on the back of sanctions on Russian crude and higher global demand,…
Gulf sovereign funds are bidding for Egypt desalination plants
Gulf sovereign wealth funds are among 28 bidders vying for contracts to build the 21 desalinationplants the government is tendering…
ADQ’s Agthia now owns 60% of Auf Group
UAE’s Agthia is now the majority owner of Abu Auf: Emirati food and beverage major Agthia has completed its acquisition…
Is the Qatari sovereign fund closing in on a 20% stake in Vodafone Egypt?
Are talks between TE and Qatar’s sovereign fund over Vodafone Egypt hotting up? The Qatar Investment Authority’s (QIA) talks with…
Novartis will allow a local manufacturing of leukemia med + Network International could ramp up competition in Egypt’s PoS space
Leukemia meds could be produced locally in Egypt: Pharma giant Novartis signed a licensing agreement allowing local manufacturers in seven…
The new hybrid work model: Flexetariats + ADQ’s Further Ventures is piling into tech investments
Meet the Flexetariat: Empowered employees with flexibility at core of their working identity. The pandemic has caused people to reevaluate…
Alex Containers welcomes new chairman after Gulf funds buy in
Islam Mohamed Abdel Fattah has been appointed chairman of Alexandria Container and Cargo Handling (ACCH), according to an EGX disclosure…
One more Gulf acquisition in the bag + Kuwait’s sovereign fund joins the party
When one Gulf acquisition wraps, another one opens: Abu Dhabi Ports (ADP) finalized its takeover of a major local shipping…
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