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Gaming startup GBarena raises seed investment from HIMAngel
INVESTMENT WATCH- Gaming startup GBarena raises seed investment: Cairo-based e-sports and gaming startup GBarena has raised seed investment from angel…
Could Egypt see a return to corporate bonds?
Is Egypt about to see its first corporate bond issuance in nearly a decade? Mansour Amer’s Porto Group has appointed…
Egyptian electricity to flow into Syria, Iraq in the near future
Egypt to export power to Syria, Iraq in the near future: The Electricity Ministry has confirmed plans to export electricity…
Egypt puts eased rules for energy companies to use their production share from new Red Sea concessions
Companies awarded concessions in Red Sea bid round can sell at home or abroad: The South Valley Egyptian Petroleum Holding…
Delek and its partners want to export even more gas to Egypt
Delek and its partners want to export even more gas to Egypt: Executives from Israel’s Delek Drilling is in talks…
Uber, Careem sign agreement to proceed with acquisition
M&A WATCH- Uber is acquiring Careem in a USD 3.1 bn transaction, making Careem the MENA region’s most valuable ‘unicorn’…
Pioneers Holding’s net profit, revenues rise
EARNINGS WATCH- Pioneers Holding’s net profit, revenues rise: Pioneers Holding reported a net profit after minority interest of EGP 1.23…
Gov’t considers establishing fund to support middle-income housing
The government is mulling setting up a fund to support mortgages for middle-income earners, according to a cabinet statement released…
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