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Egypt Ventures to invest EGP 62 mn in 2020
STARTUP WATCH- Government-backed VC fund Egypt Ventures plans to close out 2020 having invested EGP 62 mn over the previous…
Brilliance Auto eyes Egypt’s microbus natural gas conversion scheme
Brilliance Auto eyes Egypt’s microbus natgas conversion scheme: Chinese car manufacturer Brilliance Auto Group is in talks with its parent…
Egyptian economy to grow 4% on average each year until 2024 -Fitch
Egypt is on track to grow at an average 4% clip over each of the coming four years, which would…
Al Ahly Capital completes acquisition of 94.5% of El Nada Hospital
M&A WATCH- Al Ahly Capital has completed its acquisition of 94.5% of El Nada Hospital, according to Youm7. We had…
Egypt found in breach of investment treaty in cement arbitration case but dodges damages
DISPUTE WATCH- Egypt found in breach of investment treaty in cement arbitration case but dodges damages: The International Center for…
EGX lists fourth tranche of Al Taamir’s EGP 10 bn securitized bond issuance
DEBT WATCH- The fourth tranche of Al Taamir’s EGP 10 bn securitized bond issuance has been listed on the EGX,…
Sarwa Capital’s EGP 2.5 bn Contact sukuk issuance to launch in 2 weeks
DEBT WATCH- Sarwa Capital will take a EGP 2.5 bn sukuk issuance to market over the coming two weeks on…
Cairo Angels launches USD 3 mn regional fund
EXCLUSIVE- Cairo Angels launches USD 3 mn regional fund: Cairo Angels has launched a USD 3 mn fund, named the…
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