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Edge Holding to acquire 30% of Basata Microfinance
Edge will take on management duties to support Basata’s nationwide expansion
China’s ShuanFeng will set up shop in Qantara
PLUS- Basata Holding will invest some USD 7 mn in 2026 to boost its market position
PFI Asset management takes over the management of HDB money market fund
PLUS: Basata ups stake in MadfoatCom
AD Ports to receive two Ain Sokhna marine terminals by 1Q 2025. PLUS: Mobica, MID Takseet + Basata, State Lawsuits Authority, Talaat Moustafa Group, Greentech
A high-level committee is reportedly close to finalizing the final terms of the contract
GCC investors want a stake in the new capital’s Mount International School
The school is currently valued at some EGP 700 mn
That’s a wrap on Basata’s stake acquisition of MadfoatCom
The two buyers were 2.9 percentage points off their target to acquire up to 30% of the Jordanian company
Kasrawy Group mulling new factory to assemble Jetour, Jac autos. PLUS: Basata + MadfoatCom, Dice + Twin Top, Saint-Gobain, Fertiglobe + Orascom Construction + Scatec, Siemens
The government is now working on allocating land for the firm to build its factory
My Morning Routine: Karim Shehata, CEO of Basata Holding
My life is a balance between the corporate guy, the family guy, and an Egyptian heart and soul
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