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VC firm Openner to invest USD 5 mn in 50 Egyptian tech startups in two years
INVESTMENT WATCH- US-based venture capitalist Openner is planning to invest USD 5 mn in Egyptian startups over the next two…
Egypt in talks with foreign investors over 2 GW renewable energy projects
INVESTMENT WATCH- Egypt is currently negotiating with foreign investors on new wind and solar projects that will generate a combined…
Egypt selects projects to receive green bond funding
Five environmentally-friendly projects have been earmarked to receive USD 500 mn of the proceeds from last month’s USD 750 mn…
Egypt’s economy is on track to finish the year having grown 3.5%
NOSTRADAMUS AGREES: Egypt’s economy will finish the year having grown 3.5%. That’s our takeaway after Fitch said in a recent…
El Sisi ratifies Egypt’s waste management law
LEGISLATION WATCH- A new state agency will be in charge of Egypt’s waste management challenges after President Abdel Fattah El…
Dabaa nuclear power plants could generate 4x returns for Egypt -Rosatom
The Dabaa nuclear power plant is expected to generate returns worth 4x the amount spent on its construction, Alexander Voronkov,…
City Edge to issue EGP 600 mn securitized bonds in 2Q2021
DEBT WATCH- City Edge plans to issue EGP 600 mn in securitized bonds in 2Q2021, CEO Mohamed Makkawy told Al…
Egyptians Housing and Development offloads stake in Odin Investment for EGP 75 mn
M&A WATCH- Egyptians Housing and Development offloads stake in Odin Investment for EGP 75 mn: Egyptians Housing and Development has…
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