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CIB mulls issuing up to EGP 15 bn in financial instruments to fund expansion
CIB could issue up to EGP 15 bn in financial instruments to finance its planned expansion, according to a bourse…
Galina-Agrofreeze starts building its fourth factory in Egypt, to cost EGP 115 mn
Galina-Agrofreeze has broken ground on its fourth factory in Egypt, which is expected to cost EGP 115 mn and produce…
Online furniture marketplace Homzmart raises USD 1.3 mn in seed round funding
STARTUP WATCH- Online furniture marketplace Homzmart has raised USD 1.3 mn in seed round funding from China’s MSA Capital, the…
Egypt takes its first step toward privatizing some military-owned companies
PRIVATIZATION WATCH- Egypt takes its first step toward privatizing some military-owned companies: The Sovereign Fund of Egypt (SFE) and the…
What we’re tracking on 4 February 2020
It’s data day: The purchasing managers’ indexes for Egypt, Saudi Arabia and the UAE are out today at 6:15am CLT…
Adeptio appeals FRA’s rejection of Americana Egypt MTO
M&A WATCH- Adeptio appeals FRA’s rejection of Americana Egypt MTO: Adeptio has reportedly scheduled a court date in March with…
Cairo 3A bids for Americana's stake in Egyptian Starch and Glucose
M&A WATCH- Cairo 3A bids for 91.5% stake in Egyptian Starch and Glucose: Cairo 3A has made an offer to…
The results of our Enterprise 2020 reader poll
For all of the complaining, 2019 was a pretty good year in which to do business in Egypt, you told…
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