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Google steers clear of Egypt with new Israel-Saudi fiber connection
Google steers clear of Egypt with new Israel-Saudi fiber connection: Google has begun work on a major new fiber optic…
EFG Hermes advises on USD 265 mn loan for Orascom Development Egypt
EFG Hermes concluded a seven-year USD 265 mn debt arrangement for Orascom Development Egypt (ODE), the investment bank said in…
Central bank working on new financial inclusion strategy -Amer
A national strategy for financial inclusion is in the works at the Central Bank of Egypt (CBE), Governor Tarek Amer…
CI Capital to IPO education management arm Taaleem in 1Q2021
IPO WATCH- CI Capital is planning to list up to 40% of its education management arm Taaleem Consulting and Educational…
Building a diagnostics powerhouse with IDH CEO Hend El Sherbini
How did a family-owned lab grow into a regional diagnostics powerhouse? We explore the story behind Integrated Diagnostics Holding and…
Ayman Hossam El Din to head consumer watchdog for three months
MOVES- Ayman Fathy Hossam El Din has been appointed acting chairman of the Consumer Protection Authority (CPA) on a three-month…
Earnings watch: Cleopatra Hospitals, Orascom Investment Holding
EARNINGS WATCH- Cleopatra Hospitals Group’s net profit rose 11% y-o-y in 3Q2020 to EGP 80 mn, up from EGP 72.2…
Egyptian e-commerce platform ExpandCart raises USD 2.5 mn in series A funding
STARTUP WATCH- Egyptian e-commerce platform ExpandCart raised USD 2.5 mn in a series A funding round led by Sawari Ventures,…
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