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Adwia to invest EGP 400 mn in 2022 to add production lines
Pharma manufacturer Adwia will invest EGP 400 mn this year to add new production lines and make upgrades at its…
Beyti + United Pharma announce investments to ramp up production
Dairy and juice producer Beyti plans to invest EGP 250 mn in Egypt this year to add new production lines,…
Global fund managers are missing out on USD 3 tn over gender imbalances + Facebook waves goodbye to stablecoin plans
The global fund management industry missed out on some USD 3 tn in investments because of gender imbalances in investment…
THIS EVENING: Lighthouse to buy two schools in 2022 + SC Authority sets up EGP 2 bn fund + ALSO: OPEC+ green lights production hike
Happy almost-Thursday, ladies and gentlemen. It’s another busy afternoon as we rush towards the end of the workweek, so let’s…
Solar plants face new grid integration fees
Solar plants are facing more new charges: Solar plants producing more than 500 KW of power will be required to…
Local pharma player Nerhadou attracts private equity interest
Nerhadou may have new minority shareholders: Emerging-market private equity firms Affirma Capital and StonePine have agreed to invest USD 20…
THIS EVENING: East Port Said to get USD 3 bn green hydrogen hub + Affirma Capital and StonePine buy stake in Egyptian pharma player
Good afternoon, wonderful people. It’s not quite a news dump day — as hump days tend to be — but…
Ezdehar reaches USD 168 mn first close of EMF II fund
Ezdehar reaches USD 168 mn first close of EMF II fund: Private equity firm Ezdehar Management has reached the first…
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