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Concord to invest USD 40 mn in Egypt’s healthcare sector
Concord will invest USD 40 mn in feeder industries in Egypt’s healthcare sector.
Faced with FX spending limits, startups are struggling to keep up with expense requirements
For many startups, two of the biggest budget line items — tech tools and ads — need to be paid…
MNT-Halan on its way to unicorn status with major Chimera investment
IFC is also intending to invest USD 40 mn in MNT-Halan
TE to buy USD 125 mn of new bandwidth to bolster its network
TE lands new frequencies: Telecom Egypt will pay USD 125 mn to acquire 5 MHz of new bandwidth in the…
More FDI for local electronics assembly?
MANUFACTURING- Good news for our electronics localization drive? Chinese electronics and household appliance manufacturer Hisense is in talks with the…
IFC, Tadamun partner to expand microfinance for women-led SMEs
DEVELOPMENT FINANCE- IFC, Tadamun to boost women-led micro firms: The International Financial Corporation (IFC) has agreed to assist Tadamun Microfinance…
SFE, B Investments team up to invest EGP 2 bn in healthcare + pharma firms
SFE + B Investments to co-invest in healthcare, pharma: The Sovereign Fund of Egypt (SFE) and B Investments will together…
Goodbye GB Auto Group, hello GB Corp
AUTOMOTIVE- GB Auto is now GB Corp: GB Auto Group has rebranded itself as GB Corp, the company said in…
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