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Surging debt levels in emerging markets hit record USD 71.4 tn in 2Q2019 -IIF
Surging debt levels in emerging markets hit record USD 71.4 tn in 2Q2019 -IIF: Total debt owed by emerging market…
Hong Kong’s Handa to invest USD 100 mn in Egypt jute textiles factory
INVESTMENT WATCH- Hong Kong-based textiles manufacturer Handa Enterprise in planning to invest USD 100 mn in an idle jute products…
Hassan Allam signs USD 20 mn loan with EBRD for investments in Egypt’s water, wastewater sector
Hassan Allam signs USD 20 mn loan with EBRD for water, wastewater investments: The European Bank for Reconstruction and Development…
Egypt’s Tharaa establishes a USD 20 bn investment platform with Abu Dhabi Holding Company
Tharaa, Egypt’s sovereign wealth fund, to establish a USD 20 bn investment platform with Abu Dhabi Holding Company: Egypt and…
Tamweely seeks EGP 300 mn in loans from two Egyptian banks
Tamweely Microfinance is negotiating with two unnamed banks to borrow EGP 300 mn to increase its women-focused funding portfolio and…
Elaj in talks to acquire Euro Mena II’s stake in Egypt’s International Eye Hospital
M&A WATCH- Saudi’s Elaj in talks to acquire Euro Mena II’s stake in International Eye Hospital: Elaj Group has entered…
UAE-based trucking network Trukker plans to enter Egypt before end of 2019
STARTUP WATCH- UAE-based trucking network Trukker is to expand into the Egyptian market before the year is out, CEO Gaurav…
Canadian companies planning to invest USD 70 mn in gold processing facility in Egypt
INVESTMENT WATCH- A group of unnamed Canadian companies are looking to set up a USD 70 mn gold processing facility…
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