Private gold company La Mancha, chaired by Egyptian billionaire Naguib Sawiris, announced on Monday the creation of …
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fund
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Sphinx Egypt, part of investment giant Qalaa Holding, plans to launch $60-70 million private equity fund to …
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Financial Institutions
Cryptocurrencies suffer $18 billion drop in value over three days
by nada nasserby nada nasserBitcoin finally began to stabilize Friday, but not before the total cryptocurrency market lost $18 billion of …
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Egypt is looking to hire a chief executive for its new sovereign wealth fund as it seeks …
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FeatureReal Estate
Aur Capital, Wadi Degla launch new fund to invest in Egypt real estate
by Islam salahby Islam salahEgypt’s Aur Capital is joining Wadi Degla Developments to launch a 2.350 billion Egyptian pound ($131.25 million) …
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Governor of the Central Bank of Egypt (CBE) Tarek Amer said that the possibility of the launching …
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Industry & Trade
Egypt’s drinking water flagship wins $42.5 mln Kuwait funding
by Yomna Yasserby Yomna YasserThe Kuwait Fund for Arab Economic Development, (KFAED) on Sunday signed a loan agreement with Egypt worth …
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Moscow and Riyadh plan to establish a $1 billion fund to invest in technology, the chief executive …
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Financial Institutions
Saudi Arabia launches $1 billion fund to support SMEs
by Yomna Yasserby Yomna YasserSaudi Arabia’s Public Investment Fund (PIF) announced Tuesday the establishment of the Fund of Funds, a new …
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Industry & Trade
Saudi Arabia, Russia to establish energy fund worth $1 billion
by Yomna Yasserby Yomna YasserSaudi Arabia and Russia plan to set up a $1 billion fund to invest in energy projects, …
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