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Danone aims to double investment in Egypt over 5 years
Danone is looking to invest EGP 1 bn in Egypt over the next five years, which would double the company’s…
Algebra Ventures Fund II locks USD 15 mn from EBRD
The European Bank for Reconstruction and Development (EBRD) has approved a USD 15 mn equity commitment to Algebra Ventures’ second…
Alameda setting up a EGP 1 bn hospital in the new capital
Healthcare group Alameda is planning to invest EGP 1 bn to operate and manage a 300-bed hospital in the new…
Practical steps on how to institutionalize your family businesses
Institutionalization is to family-owned businesses what getting ready to raise a first series “A” is for a startup: A rite…
Zoomcar to invest USD 50 mn in three years
Car rental company Zoomcar is looking to double its investments in Egypt to USD 50 mn in the coming three…
Russia will start pouring money into RIZ buildout
Russia will start financing the construction of its Russian Industrial Zone (RIZ) next year, First Deputy Minister of Industry and…
THIS MORNING: It’s going to be a busy day for diplomacy + inflation figures are due out later today
Good morning, wonderful people, and happy THURSDAY. It’s shaping up to be a diplomacy-heavy day as Egypt is consulted on…
WaffarX closes multi-mn financing round from Silicon Valley VC firm
Cashback services startup WaffarX closed a multi-mn USD funding round from Silicon Valley VC firm Lobby Capital, Wamda reported, marking…
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