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South Africa’s Tana Capital doubles stake in Alexandria Medical
M&A WATCH- South African investment firm Tana Africa Capital has doubled its stake in Alexandria Medical Investments Company to 49%…
Plus Venture Capital to invest USD 60 mn in 120 MENA tech startups with new fund
STARTUP WATCH- Plus Venture Capital looks to invest USD 60 mn in 120 MENA tech startups with new fund: Plus…
Emirates NBD wraps up Blom Egypt due diligence, ABC to follow next week
M&A WATCH- The race to acquire Blom Bank Egypt could be nearing its final stages: Two of the banks interested…
Two investors compete for majority stake in BMW’s Egypt agent
M&A WATCH- Rival groups are competing to acquire a majority stake in BMW’s Egypt dealership, Bavarian Auto Group (BAG), sources…
CIB, EFG Hermes included on Refinitiv, AFE's new regional green index
CIB, EFG Hermes make it onto Refinitiv, AFE's new regional green index: CIB and EFG Hermes are among 30 regional…
Zooba CEO Chris Khalifa’s vision to take Egyptian cuisine global
Zooba is as Egyptian as you can get: When Chris Khalifa founded Zooba, his goal was to bring global recognition…
Earnings watch: Egypt Aluminum plunges into the red in FY2019-20, QNB AlAhli reports 20% drop in 3Q2020 net profits
EARNINGS WATCH- Egypt Aluminum recorded EGP 1.67 bn of losses in FY2019-20, a year after turning a EGP 571 mn…
Egyptian delivery app Dreevo secures six-figure USD pre-seed investment
STARTUP WATCH- Egyptian delivery startup Dreevo has secured a six-figure USD pre-seed investment from EF Logistics, allowing it to launch…
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