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Saudi HDG signs USD 450 mn agreement with Thrawaat to manage Swiss hotel brand
Egypt’s Thrawaat International Investment Corp has signed a USD 450 mn partnership contract with the Saudi Hospitality Development Group (HDG)…
Audi walks away from NBG bid, receives acquisition bids for online brokerage arm
M&A WATCH- Bank Audi walks away from NBG assets acquisition amid expected sale to FAB: Bank Audi is no longer…
Egyptians account for the largest share of MENA pre-seed startup founders
A quarter of the founders of pre-seed startups operating in the MENA region are Egyptian — meaning that we eclipse…
CI Capital reports 46% increase in net profits
EARNINGS WATCH- CI Capital reports 46% increase in profits: CI Capital net profits increased 46% in fiscal 2019 to EGP…
What we’re tracking on 16 February 2020
Story of the Day #1- El Corona has officially landed in Egypt. We got a Valentine’s Day present in the…
My Morning Routine: Hanaa Helmy
Hanaa Helmy, CEO of the EFG Hermes Foundation and head of the CSR department at EFG Hermes: My Morning Routine…
Orange Egypt to invest EGP 4 bn in 2020 to upgrade network
INVESTMENT WATCH- Orange to invest EGP 4 bn this year in upscaling network: Orange Egypt are planning to invest EGP…
HC Securities and Investment to make USD 25 mn direct acquisition in 1H2020
M&A WATCH- HC Securities and Investment will acquire an undisclosed stake in an unnamed service company for USD 25 mn…
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