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EM bonds on course for their worst quarter in 24 years + UAE positioning itself as a global crypto hub
It hasn’t been like this in 24 years: USD-denominated emerging bonds are on course to have their worst quarter since…
NBE launches EGP 2 bn SME fund of funds
State-owned banks launch EGP 2 bn SME fund of funds: A group of banks and financial institutions led by the…
EFG Hermes’ private equity units eye fresh investments + acquisitions
EFG Hermes-led Vortex Energy, RX Healthcare, and Education Fund eyeing fresh investments + acquisitions: EFG Hermes’ Egypt Education Fund, and…
Catalyst Partners launches EGP 1 bn SME-focused fund, expects first close in April
Catalyst Private Equity has launched a EGP 1 bn impact investment fund that will target Egyptian SMEs, it announced in…
Mandarin Oriental is coming to Egypt, Amazon is doubling delivery capacity, and Elevate Healthcare is linking up wtih Dar Al Handasah
Mandarin Oriental to manage Shepheard Hotel: Hong Kong-based luxury hotelier Mandarin Oriental Hotel Group signed an agreement to manage Downtown…
Gov’t agrees USD 2 bn asset sale with Abu Dhabi wealth fund — and more GCC investments are probably in the pipeline
Accelerated sale of assets to Gulf investors will bring in fresh capital: We said yesterday that the Madbouly government would…
CMA CGM eyes investment in Ain Sokhna port
French shipping company CMA CGM is reportedly looking into making an undisclosed investment in the Ain Sokhna port, Al Mal…
Intro Group to invest EGP 1 bn in waste management this year
Intro Group subsidiary Intro Sustainable Resources (IRS) is looking to invest some EGP 1 bn in waste recycling this year,…
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