Latest News Egypt
Bank
23/02/2022 at 16h24, by Africa Business+
Qatar National Bank divests from Egyptian Senouhi Company for Construction Materials
The construction materials production and distribution company previously belonged to Société Générale.
Renewable energies
17/02/2022 at 15h07, by Africa Business+
Green bond: FMO invests $100 million to underwrite Scatec’s Benban Solar Park
Another European institution has agreed to participate in the landmark issue for the massive Egyptian...
New technologies
15/12/2021 at 19h14, by Africa Business+
Fawry founder Mohammed Okasha completes funding round for DisrupTech Ventures
The founder of Fawry is about to close his first fund dedicated to start-ups.
New technologies
09/12/2021 at 18h06, by Africa Business+
Ashraf Zaki’s Lorax Capital Partners secures $18 million from DEG
The private equity firm, which had bet on Fawry, is approaching its final closing for its $250 million...
Mines
09/12/2021 at 13h55, by Africa Business+
Centamin considers debt raising options
The Jersey-registered, London and Toronto-listed gold producer is working on a plan to extend the life...
Industry
01/12/2021 at 17h07, by Africa Business+
Full plate of projects for new boss of Alstom Egypt
Ramy Salah Eldeen Mohamed was appointed managing director of the rail group’s subsidiary and will oversee...
Telecoms
29/11/2021 at 18h01, by Africa Business+
Vodacom’s Shameel Joosub to capitalise on Vodafone Egypt’s financial services
Vodafone Egypt, put up for sale in January 2020, was bought by Vodacom in mid-November. The pan-African...
Agri-food industry
18/11/2021 at 17h02, by Africa Business+
Danish dairy firm Arla exits partnership with Egyptian Juhayna
Details from Africa Business+.
Maritime transport
05/11/2021 at 16h51, by Africa Business+
Port dispute: KGL and Cairo appoint arbitrators for CIRDI
The former partners find themselves for a second time before an arbitration tribunal following the breach,...
Private Equity
02/11/2021 at 17h11, by Africa Business+
Ezdehar Fund II: first closing imminent for Emad Barsoum
According to Africa Business+ sources, the former CEO of Wind Hella is preparing the first round of...
News
02/11/2021 at 14h01, by Africa Business+
ADIBE’s MD Mohamed Aly anticipates significant funding from IFC
After a slight contraction in activity during the COVID-19 crisis, the bank’s head hopes to negotiate...
Construction & Infrastructure
27/10/2021 at 20h47, by Africa Business+
Egypt rejects $500m ICC arbitration award to Damietta International Ports Company
The Egyptian court has ruled in favour of the Damietta Port Authority (DPA), which falls under the Ministry...
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