Amoun Pharma could be the target of a joint acquisition bid by the Emirati and Saudi sovereign …
"Sovereign Fund of Egypt"
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FeatureIndustry & TradeTech/AI
Egypt establishes big new rail company to localise production of locomotives
by Marwa himdanby Marwa himdanThe Suez Canal Economic Zone and the Sovereign Fund of Egypt signed on Tuesday an agreement to …
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Plans to reschedule Banque du Caire’s (BDC) initial public offering (IPO) on Egypt’s stock exchange is “premature” …
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Ratings agency Standard & Poor’s (S&P) on Sunday maintained its ‘B’ rating on Egypt’s short and long-term …
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FeatureFinancial InstitutionsMoney
Egypt’s Cabinet approves draft law to issue its first sovereign sukuk
Egypt’s Cabinet approved on Wednesday a draft law to issue sovereign sukuk. The new law will be …
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The Egyptian finance ministry has published its framework (pdf) for how it plans to use the proceeds …
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Egyptian President Abdel-Fattah El-Sisi has instructed the Sovereign Wealth Fund (SFE) to focus on putting forward a …
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FeatureIndustry & TradeTech/AI
Abu Dhabi’s ADQ will help retailer Lulu expand in Egypt through investing $1 bn
ADQ, a holding company owned by the Abu Dhabi government, announced that it has signed an agreement …
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The Russian Direct Investment Fund (RDIF) agreed to supply 25 million doses of the Sputnik V vaccine …
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FeatureFinancial InstitutionsMoney
Egypt sold $750 mn in green bonds, maiden issuance was 5x oversubscribed
Egypt sold $750 million of the Middle East and North Africa’s first sovereign green bond, as it …