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Domty expands into milk products
EXCLUSIVE- Food manufacturer Domty is launching this week a USD 2 mn milk products production line, marking the company’s first…
ADQ’s Agthia is one step closer to Atyab takeover
ADQ Holding’s Agthia to move forward with Atyab acquisition soon: Emirati state-owned investment firm ADQ Holding’s food subsidiary Agthia has…
Algebra Ventures doubles down on Egypt with USD 90 mn fund
Algebra launches USD 90 mn tech fund: Algebra Ventures has launched a second tech fund that will invest USD 90…
Growing global debt pile could lead to market shock down the line
Central bankers may have righted the ship, but investors are struggling to find returns and diversify their portfolios as stimulus…
Kuwait’s SWF eyes new acquisitions in Egypt’s pharma, food sectors
Kuwait’s sovereign wealth fund KIA is planning to acquire minority stakes in four to five companies in Egypt over the…
Azimut Egypt eyes two new funds
Azimut Egypt Asset Management plans to launch two new funds this year, with one going live within a few days…
Sawari Ventures closes EGP 440 mn Egypt tech fund
Cairo-based VC firm Sawari Ventures has reached final close on its Egypt-focused tech fund, raising USD 28 mn (EGP 440…
At least two state companies could hit the EGX in 3Q2021
Two or three state-owned companies will sell shares on the EGX in 3Q2021, reviving the long-dormant state-privatization program, Public Enterprises…
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