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Plus Venture Capital to invest USD 60 mn in 120 MENA tech startups with new fund
STARTUP WATCH- Plus Venture Capital looks to invest USD 60 mn in 120 MENA tech startups with new fund: Plus…
CIB, EFG Hermes included on Refinitiv, AFE's new regional green index
CIB, EFG Hermes make it onto Refinitiv, AFE's new regional green index: CIB and EFG Hermes are among 30 regional…
What we’re tracking on 2 September 2020
It’s relatively quiet on the news front on this second day of September as the business community begins a two-week-long…
Optimism for a recovery following a 2020 pummeling in the Middle East
2020 sucks, but folks in the GCC are increasingly optimistic about prospects for a recovery: Although low oil prices and…
MENA GDP to crash 5.7% this year -UN
It’s not looking pretty for MENA economies if this UN report is anything to go by: MENA economies are expected…
NBE, Banque Misr among top 20 MENA banks for syndicated loans -Bloomberg
The National Bank of Egypt (NBE) and Banque Misr made Bloomberg’s 1H2020 league table for syndicated facilities in MENA, according…
Egypt’s share of domestic M&A in MENA rises as regional transaction volume tumbles to three-year low
Egypt’s share of domestic M&A in MENA rises as regional transaction volume tumbles to three-year low: Egypt was the third-largest…
IMF lowers MENA growth forecasts in 2020 due to persisting uncertainty
The IMF slashed its 2020 GDP forecast for the MENA region, penciling in a 5.7% contraction for the year in…
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