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Infrastructure 
Contact to expand in Saudi in 2025. PLUS: News from B Investments, Talaat Moustafa Group, ADIB, Mashreq, Madinet Masr, Idea Verde, Azimut
The investment will fund Basata’s regional expansion plans
Savers pour EGP 565 bn into high-yield CDs. PLUS: News from EFG Hermes, Flat6Labs, Azimut, EgyptAir
NBE has racked up some EGP 365 bn, while Banque Misr has attracted EGP 200 bn
Snackmaker Edita plans to more than double capex in 2023
That doesn’t include an extra EGP 400 mn investment in newly acquired Fancy Foods
Evolve-Azimut gold fund sees strong investor demand. PLUS: DHL, Maire Tecnimont x Kima,
The fund was more than 15x oversubscribed, raising EGP 153 mn
Regulators just greenlit Egypt’s first ever gold investment fund. PLUS: Data center upgrade, new Sawari tech fund, oil + gas exploration.
Gold prices have surged 60% this year on ongoing economic uncertainty
Global Carbon Council to list carbon credits on EGX. PLUS: USAID funding for tech schools, Azimut app
The EGX is gearing up to launch a voluntary carbon-trading platform
Aman wants to launch in Saudi Arabia within 3 months. PLUS: Money GB Auto + Dara’s Ice Cream, FinMin appoints sukuk company board
Aman is working with a mystery Saudi partner to launch in the kingdom
Azimut Egypt wants USD 1 bn AUM here by 2024
Azimut Egypt is looking to launch three new funds and hit USD 1 bn in AUM by 2024, Azimut Egypt…
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