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Introducing: The “What the Government Wants from Us” account
The gov’t will establish an electronic system for financial clearance and settlements between investors and government entities
Eva Pharma inks agreement for Saudi pharma complex
The complex will include a research and development center and five pharma factories
Four international companies awarded oil and gas exploration blocks
Four concessions were handed to Eni, BP, Qatar Energy, and Zarubezhneft
Surviving Nuclear Winter: What’s the state of funding in Egypt?
Uncertainty has created a challenging environment for firms looking for funding — and for those looking to deploy capital
Fintech platform Neqabty closes USD 550k seed round led by Saudi wealth fund
Sanabil previously backed the fintech startup via its Sanabil 500 MENA Seed Accelerator
EBRD commits EUR 30 mn to Mediterrania Capital Partners midcap fund
The impact investor’s MC IV fund will target mid-cap firms in Egypt, Morocco and Tunisia, as well as sub-Saharan Africa
Saudi-Emirati consortium to redevelop former NDP HQ -Asharq
The prime minister last month directed the SFE to transfer the site’s ownership to two companies connected to the sovereign…
Oil Min ups oil + gas investment forecast this fiscal year. PLUS: Adnoc, IFC x Banque du Caire, Avanz Capital, Orascom Investment + EgyptAir
The government now expects investment to be up to 60% higher than in the previous fiscal year
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