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And the GCC investments keep rolling on…
ADP Group grabs majority stake in major local cargo firm: Abu Dhabi Ports (ADP) has reached an agreement to acquire…
Subsea cables with Greece
Egypt and Greece will lay a new subsea data cable across the Mediterranean under an agreement signed by Telecom Egypt…
Abou Ghaly could get EGP 175 mn from EBRD to electrify London Cab fleet
Abou Ghaly looks to EBRD for EV funding: Abou Ghaly Motors (AGM) could receive up to EGP 175 mn (EUR…
Khazenly gets the bag along with regtech startup Valify
B2B logistics firm Khazenly has closed a USD 2.5 mn seed round led by ArzanVenture Capital and Shorooq Partners with…
Logistics startup Mylerz plans Egypt + Africa expansion after raising USD 9.6 mn in funding
Cairo-based logistics startup Mylerz has raised USD 9.6 mn in equity funding from private equity outfit Lorax Capital Partners, the…
European consortium to build USD 500 mn terminal at Damietta Port
A consortium of European terminal logistics firms will invest USD 500 mn to build a new container terminal at Damietta…
Tourism ministry campaign gets traction, companies do good during Ramadan
The new national tourism campaign #FollowTheSun is generating results: In the two weeks after its mid-March release, the campaign has…
CMA CGM eyes investment in Ain Sokhna port
French shipping company CMA CGM is reportedly looking into making an undisclosed investment in the Ain Sokhna port, Al Mal…
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