Lunate, an Abu Dhabi-based alternative investor, acquired a 40 per cent stake in ADNOC assets from BlackRock …
ADQ
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Egypt NewsFeatureIndustry & TradeNewsTech/AI
Egypt’s non-oil activity suffers over Suez Canal disruption
by Nada Aliby Nada AliEgypt’s private sector activity declined in February, with the Suez Canal freight drop and foreign currency shortage …
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BanksEgypt NewsFeatureNews
Sisi: Egypt receives 1st payment of Ras El Hekma project
by Nada Aliby Nada AliPresident Abdel Fattah al-Sisi of Egypt announced on Wednesday that the initial batch of the Ras El …
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Egypt NewsFeatureIndustry & TradeMENA NewsNewsTech/AI
Egypt, UAE sign largest multi-billion-dollar FDI agreement ever
Egypt and the United Arab Emirates (UAE) signed a multi-billion US dollar partnership agreement on Friday for …
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Egypt NewsNewsSports
Egypt’s Pyramids FC signs multi-year sponsorship deal with ADQ
by Nada Aliby Nada AliEgypt’s Pyramids Football Club (Pyramids FC) announced on Friday that it has signed a multi-year commercial partnership …
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Abu Dhabi’s state holding company ADQ will buy stakes in three Egyptian energy firms before the end …
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Egypt NewsFeatureMoneyNewsReal Estate
Egypt’s SODIC offers to acquire 100% of Orascom Real Estate
by Yomna Yasserby Yomna YasserEgyptian property developer SODIC has submitted on Monday a non-binding cash offer to acquire 100 percent share …
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FeatureIndustry & TradeMoneyNewsTech/AI
Abu Dhabi transfers Etihad Aviation Group ownership to ADQ’s portfolio
by Nada Aliby Nada AliAbu Dhabi’s sovereign wealth fund ADQ announced on Tuesday that the government had transferred Etihad Aviation Group’s …
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ArabEgypt NewsFeatureIndustry & TradeNewsStocksTech/AI
Egypt aims to raise $6 billion by June from share sale of state firms
Egypt seeks to raise up to $6 billion before the middle of next year by selling stakes …
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Egypt NewsFeatureFinancial InstitutionsMENA NewsMoneyNewsTech/AI
UAE’s ADQ to sign $10 billion for investments in partnership with Egypt, Jordan
UAE’s Abu Dhabi state holding firm ADQ will sign on Sunday agreement of allocation an investment fund …