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Flush after exits, B Investments targets healthcare, food sectors
EGX-listed private equity firm B Investments intends to invest EGP 2 bn in the healthcare and food sectors in 2023,…
More economy lessons from the pundits + Giza Zoo overhaul
The economy once again took center stage on the talk shows over the long weekend: The pundits spent plenty of…
In seven-hour grilling session, MPs take Supply Minister El Moselhy to task on food prices
Supply Minister Ali El Moselhy’s showdown with MPs dominated the talk shows yesterday. Pundits allocated considerable airtime to a heated,…
EBRD lends USD 40 mn to Angel Yeast to up local production
The European Bank for Reconstruction and Development (EBRD) is lending USD 40 mn to the Egyptian branch of China-based yeast…
A new task force will suggest fair prices for up to 15 strategic commodities
The Supply Ministry has set up a committee to determine the “fair price” of a number of foods classed as…
Hospitality logistics startup Suplyd bags USD 1.6 mn pre-seed for expansion
Local hospitality supply-chain startup Suplyd has raised USD 1.6 mn in pre-seed funding, it said in a statement (pdf) Thursday.…
Christmas dinner across the globe
Xmas food from around the world: Widen your culinary horizons this year with weird and wonderful holiday season dishes from…
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…
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