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Saudi investor snaps up 12.1% of Raya Holding
PLUS- Egypt is in talks with a Chinese consortium to build the USD 440 mn fourth phase of the new…
Beltone Leasing and Factoring sets up shop in SCZone. PLUS: EgyFert, Redcon Properties, Omar Effendi
Beltone’s arm will be the first NBFI to operate in the zone
China’s Midea to invest USD 50 mn in Egypt operations
PLUS- AlexFert + United Energy to develop green ammonia project
EFG Holding sees revenues rise 66% to a record EGP 24.4 bn in 2024
Growth was fueled by growth across the holding company’s three segments
Who’s behind the country’s first PIPE fund?
PLUS- FRA extends AXA’s deadline for Delta Ins. takeover offer
CI Capital, Compass launch Egypt’s first onshore private equity fund
PLUS- Alshams for Contracting is eyeing USD 120 mn worth of projects in Iraq
E-finance’s adjusted net income rises 36% y-o-y in 2024
PLUS- Contact Financial Holding saw its normalized net income in 2024 grow 6% y-o-y
Raseedi completes full acquisition of nanocredit outfit Kashat
The company plans to expand into Morocco within 12 months, CEO Ahmed Atalla told us
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