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AgTech start-up Bon Harvest to launch blockchain-based inventory system in US and Egypt
EXCLUSIVE- US-based AgTech start-up Bon Harvest is raising a seed round of USD 1.5 mn to launch a blockchain-based inventory…
Uber Egypt names Ahmad Hammouda as general manager for Egypt
MOVES- Uber Egypt has named Ahmad Hammouda as the company’s new general manager for Egypt, according to Menabytes. Hammouda joined…
Egypt to receive USD 500 mn in loans from the African Development Bank
Egypt to receive USD 700 mn in funding from the AfDB: Egypt is to receive loans totalling USD 700 mn…
El Wazir to take the helm of Egypt’s Transport Ministry
MOVES- Engineering Authority’s Kamel El Wazir named new transport minister: President Abdel Fattah El Sisi tapped the current head of…
Egypt-Saudi interconnection project to hit a milestone in June
Saudis to launch Egypt-Saudi interconnection tender in June: The Saudi government will issue in June a new tender for its…
ERC’s 98-Octane unit trial runs succeeded
ERC just made petrol: Qalaa Holding’s USD 4.3 bn Egyptian Refining Company facility successfully concluded trial operations of its unit…
Americana minority shareholders ask FRA to file lawsuit against Alabbar
M&A WATCH- Americana’s minority shareholders ask FRA to compel MTO bid by Alabbar: Minority shareholders of Egyptian International Tourism Projects…
Al Canal Sugar signs EGP 1.2 bn, USD 100 mn bridge loan deal
Eastern Sugar Company has lined up bridge financing of EGP 1.2 bn and a further USD 100 mn for its…
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