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CIRA, Al Ahly Capital to launch EGP 2 bn educational investment platform
CIRA, Al Ahly Capital to launch EGP 2 bn education investment company: Cairo for Investment and Real Estate Development (CIRA)…
NBE, Ikarus to invest USD 150 mn in petrochemicals
Kuwaiti energy investor Ikarus Petroleum Industries will invest around USD 150 mn in the Egyptian petchem sector alongside the National…
CIRA in loan talks for new tech uni
Private sector education outfit CIRA is in talks with a syndicate of international banks to obtain financing for its planned…
CIRA to open Egypt’s first applied tech university next year
Private sector education outfit CIRA will establish Egypt’s first applied tech university by the start of the 2022-2023 academic year,…
Dongfeng plans to invest USD 12 mn in EV assembly with El Nasr
China’s Dongfeng has upped its planned investments in a plan to locally assemble EVs with El Nasr Automotive to USD…
NBE pushing into non-bank financial services
Al Ahly Capital has wrapped up its acquisition of a 75% stake in e-payments player Momken, National Bank of Egypt…
Shaking off the cobwebs
The government is going to do a new valuation on Abu Qir Fertilizers as it prepares a new timeline for…
Al Ahly Capital closing in on Momken acquisition
Al Ahly Capital is reportedly in the final stretch of acquiring a majority stake in e-payment firm Momken in a…
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