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Aspire Capital to roll out money market, gold investment funds in 2025. PLUS: Modern Gas + Petromaint, Samco + Maurer
Three additional funds, including a real estate fund, an FCY liquidity fund, and an equity fund, are expected in 2026
Gold investment funds and policy coordination dominate the airwaves
Beware, unlicensed investment channels: In a refreshing break from the Old Rent Law, the nation’s talking heads shifted their attention…
Chevron makes its Red Sea exit official. PLUS: Saudi Gold Refinery, Raya Holding, Ora Developers, Microsoft
Chevron said its resources will instead go towards its interests in Egypt’s Mediterranean
US stocks see historic “bull crash” amid recession, trade war fears, with investors shifting towards long-term bonds and gold
The stocks’ declining appeal is due to the trade war and concerns over stagflation
Hoda Mansour tapped as managing director and vice chairman of AngloGold Ashanti’s Sukari Gold Mine
Mansour has been listed on Forbes Middle East’s list of 100 Most Powerful Businesswomen since 2018
Demand for gold bars and coins in Egypt fell 21% y-o-y in 2024
Good morning, all. We have another packed issue to close out one particularly hectic week. Over the past 24 hours…
Raseedi eyes seven-figure investment in newly acquired nanocredit outfit Kashat. PLUS: Apache, Madinet Masr, Bank ABC + Eroglu Garment, Goldman Sachs
Raseedi is negotiating with a VC firm and three banks for EGP 3 bn in financing over three years
Shalateen Mineral Resources Company eyes role as gold producer in 2025. PLUS: Plaza Premium Group + Egypt Aviation Services + Cairo Airport Company, Orascom Construction, International Monetary Fund
The company will reportedly kick off exploration operations at its Eastern Desert concessions this year
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