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EBRD is a bit more optimistic about our growth prospects
Egypt’s economy to grow 4.5% in FY2021-2022, says EBRD in June update: The European Bank for Reconstruction and Development (EBRD)…
A record-breaking year for IPOs. Plus: Have commodities peaked?
Another record-breaking year for IPOs: Almost USD 350 bn has been raised in IPOs in 1H2021, exceeding the previous record…
Egypt was the Arab world’s second-most attractive FDI destination in 2020
Egypt received USD 5.9 bn in foreign direct investment in 2020, accounting for 14.5% of the USD 40.5 bn invested…
Green SPACs are starting to lose out, here’s why
The short-lived success of green SPACs is starting to fade, with shares of the ESG-minded blank-check companies that take too…
Tuk-tuk owners should be able to swap their vehicles for natgas microbuses next month + we have a price tag for EVs infrastructure
Tuk-tuk owners will soon be able to apply to the natgas transition scheme: The cabinet yesterday decided to expand the…
USD 20 bn Saudi investment drive + more from China
KSA is planning serious investment in Egypt: Saudi Arabia could invest as much as USD 20 bn in Egypt over…
Ezz Steel finally turns profitable (and in a big way) + Pioneers to soon finalize split
EARNINGS WATCH- Ezz Steel reverses loss in 1Q2021: Ezz Steel reported a record consolidated profit of EGP 1.2 bn in…
Flat6Labs hits first close on USD 20 mn Jordan fund + Egypt’s Odiggo expands to Dubai
Cairo-headquartered startup accelerator Flat6Labs has reached a USD 7.4 mn first close on a USD 20 mn seed fund targeting…
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