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Ezdehar’s second fund to reach USD 100 mn first close in November
Private equity outfit Ezdehar expects to reach first close on its second fund by November, founder and Managing Director Emad…
SFE eyes tech sub-fund
The Sovereign Fund of Egypt (SFE) is working to launch a technology-focused sub-fund, CEO Ayman Soliman told Al Arabiya. The…
Bidayat, SFE partner on innovation zone in Islamic Cairo
Islamic Cairo could host the region’s first “innovation zone”? Rachid Mohmaed Rachid’s Bidayat will study the possibility of developing the…
Companies + governments are rushing to issue debt before the Fed taper
Companies + governments are rushing to issue debt before the Fed taper: The past week saw a spike in USD-…
Alameda to double investments in Egypt over the next 5 years
Alameda to double Egypt investments in the next 5 years: Healthcare provider Alameda plans to invest EGP 5 bn over…
NBE, Ikarus to invest USD 150 mn in petrochemicals
Kuwaiti energy investor Ikarus Petroleum Industries will invest around USD 150 mn in the Egyptian petchem sector alongside the National…
Banque Misr gets gold bug
Banque Misr is aiming to launch what it is positioning as the country’s first gold investment fund, Akef El Maghraby,…
Our debt may not become Euroclearable until 2022 + S&P says foreign holdings hit new record high
Our debt may not become Euroclearable until 2022: The Finance Ministry will likely miss its target of making local Egyptian…
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