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China’s Vivo to invest USD 30 mn in Egypt over two years
Chinese smartphone maker Vivo is planning to invest USD 30 mn in Egypt over the next two years, Vivo Egypt…
Elsewedy has a busy pipeline of acquisitions in 2H2021, and further into 2022
Elsewedy Electric is aiming to close three new acquisitions and greenfield investments in the second half of the year, a…
TONIGHT: More Astrazeneca incoming. + A top US general is in Cairo. + Boeing-Airbus dispute finally shelved. ALSO: Source code for the internet is being auctioned off as an NFT.
Good afternoon, everyone, and welcome to a pleasantly brisk afternoon of news, with stories on M&A, digital payments and waste…
Pioneers, Arab Dairy report higher net income in 1Q2021, Kabo narrows losses
EARNINGS WATCH- Pioneers Holding net income inched up to EGP 299.6 mn in 1Q2020, up 10.4% y-o-y from EGP 271.3…
Egypt + France are trade BFFs
The foreign press is zoning in on French Finance Minister Bruno Le Maire’s visit to Cairo, where he signed a…
Jumia flags Egypt as a top investment destination, looking at everything from digital payments to last-mile delivery
Africa-focused e-commerce giant Jumia plans to invest over USD 590 mn in Egypt and other African countries over the upcoming…
UAE-based StarLink sets up Africa headquarters in Egypt
Cyber and cloud distributor StarLink has established its Africa headquarters in Egypt, the company announced in a statement on Wednesday.…
138 Pyramids to set up SME-focused PE firm
Egyptian VC outfit 138 Pyramids will set up an SME-focused private equity company after it yesterday got the go-ahead from…
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