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Maersk signs framework agreement to acquire half of Zafarana wind farm
Maersk and the Egyptian government are still in negotiations regarding the value of the stake.
Beltone flags push into non-bank financial services — and it’s looking to get into the ratings game
The company has money to spend after closing a EGP 10 bn capital increase in July
Intella closes USD 3.4 mn seed round led by Saudi VCs
The fresh funds are fueling Intella’s expansion into Saudi
Bidders line up for a piece of Middle East Glass
DPI and Mediterrania Capital Partners are doing due diligence on the company
PHD to expand Palm Hills October after acquiring new land plot. PLUS: More Chinese investment?
The real estate developer expects to draw EGP 85 bn in sales proceeds from the plot over a 5-7-year period
Japanese firms talk renewables, green fuel investments with SCZone. PLUS: GAFI’s plans for silver licenses + SFE interest in EgyCOP
The Japanese delegation was joined by local and international energy companies operating in the country
Valu to expand into Jordan, puts Saudi on hold for now
The fintech has shelved plans to expand in Saudi, citing problematic market conditions
Snackmaker Edita lands USD 45 mn loan from the IFC to fuel growth
The loan will support the company’s working capital, fund fresh capex, and help it settle a previous loan from the…
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