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Azimut are not establishing a private equity fund
CORRECTION- We reported yesterday that Azimut is looking to establish an Egypt-focused private equity fund. It is in fact setting…
investment watch
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UAE’s Al Nowais offers to set up USD 700 mn renewable energy plants in Egypt
Al Nowais Investments is bidding to build USD 700 mn-worth of renewable energy plants in Egypt, sources from the Electricity…
What we’re tracking on 15 October 2019
A delegation led by Investment Minister Sahar Nasr is in Washington, DC, today to attend the annual meetings of the…
GK Investment Holding Group is interested in Egypt’s healthcare sector
Prime Minister Moustafa Madbouly, Investment Minister Sahar Nasr, and Health Minister Hala Zayed held talks with the founder and chairman…
Saudi-Egyptian Industrial Development Company to invest USD 40 mn in new sectors by end of 2020
INVESTMENT WATCH- The Saudi-Egyptian Industrial Investment Company (SEII) has earmarked USD 40 mn to invest by the end of 2020,…
Undeterred by protests, MENA fund managers plan to boost Egypt investments
MENA fund managers plan to boost their Egypt investments, seemingly undeterred by recent protests: MENA-based funds plan to increase their…
Saudi Egyptian Construction Co signs EGP 1 bn loan agreement with NBE
The Saudi Egyptian Construction Company (SECON) has signed a EGP 1 bn loan agreement with the National Bank of Egypt…
EAEU to build joint infrastructure in Russian Industrial Zone
The Eurasian Economic Union (EAEU) will build joint infrastructure in Egypt’s Russian Industrial Zone, the organization’s Industrial Policy Council decided…
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