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Catalyst Partners Middle East completes its first two acquisitions
PLUS- Gov’t moves ahead with a plan to vacate extra frequency bands for Egypt’s four mobile operators
Oil Ministry readies Red Sea exploration tender following exits. PLUS: EFG Foundation, Sodic, Modern Sport FC
The ministry will also offer bidding companies incentives to encourage the exploration and drilling of unexplored areas
Fitch expects a 5.5% y-o-y increase in tourist arrivals next year
PLUS: Infinity Power and South Africa-based Pele Green Energy were awarded six solar plants in South Africa
Catalyst Partners’ SPAC looks to acquire Qardy through share swap
Qardy is Egypt's first online lending marketplace connecting financial institutions with MSMEs
Qardy secures USD seven-figure pre-seed round
Qardy plans to boost its services in Egypt and accelerate its regional expansion with the fresh funds
Gov’t to up wheat cultivation area next year following disappointing 2023 harvest
Local wheat procurement reportedly fell 10% this year
Chinese delegation visits SCZone
Chinese firms recently agreed to invest hundreds of mns of USD in the zone