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SODIC enters EGP 800 mn settlement agreement with IGA
SODIC enters EGP 800 mn settlement agreement with IGA: Leading real estate developer SODIC has agreed to pay EGP 800…
Egypt’s FRA to hear Beltone’s appeal of its suspension today
The Financial Regulatory Authority will hear today an appeal today by Beltone Financial of a six-month suspension handed to the…
Egyptian gov’t retracts oil hedging contracts as crude falls short of budget forecast
EXCLUSIVE- Gov’t walks away from fuel hedging plan as oil price plunge sees crude trading below budget prediction: The Finance…
2019 looks good for Egypt, but expect the US economy to slow down and a bear market for American equities
2019 looks reasonable for Egypt, less so for other emerging markets -EFG: EFG Hermes’ 2019 yearbook suggests that a “sustained…
Is the ECA really going after Apple?
The competition authority is going after Apple. Yes, Apple the iPhone maker. The Egyptian Competition Authority (ECA) accused iPhone maker…
Egypt’s B Investments mulling USD 15-20 mn acquisition in Benban solar plant
M&A WATCH- B Investments eyes 50% stake in 50 MW Benban solar plant: Private equity firm B Investments is looking…
Sawari Ventures nearing close on Egypt-focused VC fund, announces close of USD 35 mn North African fund
INVESTMENT WATCH- Sawari Ventures nearing close on large Egypt-focused VC fund: Sawari Ventures expects to announce soon the close of…
Algebra Ventures raises USD 1.265 in series “A” funding round for Jordanian ed-tech platform Little Thinking Minds
INVESTMENT WATCH- Algebra Ventures leads USD 1.27 mn series ‘A’ round for Jordan’s Little Thinking Minds: Jordanian education technology platform…
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