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Al Tayseer Healthcare Group has big plans for the future
Al Tayseer Healthcare Group (THG) plans to have six hospitals in its portfolio as it prepares to expand ahead of…
Fawry, CI Capital, MM Group make it into EGX30
Fawry is among five companies that have made it onto Egypt’s benchmark EGX30 index after the bourse completed a rebalancing…
Egypt is still Africa’s top FDI destination despite covid
Foreign direct investment into Egypt fell 39% in 2020 as fears over the coronavirus pandemic caused a historic drop in…
Mideast M&A activity picked up in 2H2020, Egypt is #2 for outbound transactions
The value of M&A activity in the Middle East nosedived 51% y-o-y to USD 58.7 bn in 2020 as M&A…
CIRA wants in on the nurseries business
CIRA has acquired a 51% stake in early education startup Innovvette for Education, the private sector education outfit said in…
What the markets are doing on 24 January 2021
It’s earnings week in the US of A with Apple, Microsoft and Tesla all set to make announcements alongside more…
Energean ramping up spending at former Edison assets
Energean is planning to spend some USD 235 mn to develop the North Amriya and North Idku concessions offshore Egypt,…
CDC plans USD 1 bn investments for Africa, including Egypt
CDC Group is earmarking some USD 1 bn for infrastructure and finance investments in Africa in 2021, with a particular…
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