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Adnoc Distribution weighs USD 1 bn Egypt expansion, 400 new stations
The Abu Dhabi fuel retailer will add about 400 service stations across two phases and begin aircraft refueling at two…
Cabinet approves investment zone for Alam Al Roum, unlocking incentives
Good morning, friends. Two stories on the docket today, one about consensus cracking and another about supply lines reshuffling. The…
CI Capital Asset Management plans to launch Egypt’s first equity hedge fund
Plus: Avanz Manara exits last-mile logistics player Bosta to Lorax Capital Partners
In 2Q: Gold backs off record highs, but major buyers keep stacking
Central banks ramped up net purchases once again to 289 tons — a nearly 62% y-o-y surge and a record…
Inside the Eastern Desert concession testing Egypt’s mining ambitions
Egypt hopes to launch an international tender for gold and associated minerals in the Eastern Desert this year — its…
MENA VC survives on bigger bets
Regional startup funding fell 22% y-o-y in 1H
Lenders compete to fund EgyptAlum’s USD 3 bn alumina facility
EgyptAlum and Alba are pushing forward with the largest alumina refining facility the country has ever built as international lenders…
B Investments enters higher education with EGP 560 mn EUE investment
Higher education is “an underserved market with attractive market dynamics,” says Head of Investor Relations Omar Altmann
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