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UAE’s Agthia to invest $154 million in Egyptian snacks firm Auf Group

UAE’s food and beverage firm Agthia Group’s board approved a proposed acquisition of 60% of Egyptian snacks manufacturer company Abu Auf Holding worth $154.5...

Egyptian property giant SODIC seeks to acquire Madinet Nasr

Egyptian property developer Sixth of October for Development and Investment Company (SODIC) said Tuesday that it had submitted a non-binding offer to fully acquire...

Egyptian fintech MNT-Halan acquires e-commerce platform Talabeyah

Egyptian fintech startup MNT-Halan acquired business-to-business (B2B) e-commerce platform Talabeyah for an undisclosed amount as part of the company’s broader strategy to expand its...

Egypt signs 14 investment deals worth $7.7B with Saudi Arabia

Egypt and Saudi Arabia have signed 14 investment deals worth $7.7 billion (EGP 145 billion) state-run Middle East News Agency (MENA) reported Tuesday, as...

Egypt based Lucky – announces its completion of a $25 million fund raise.

Lucky, Egypt’s leading app for credit products, offers and cashback rewards, announces its completion of a $25 million fund raise. The funding round, which is...

Gulf Capital accelerates investment in Egypt with over EGP5 billion invested

Gulf Capital, a thematic alternative investment firm in growth markets, announced that it has opened an office in Cairo to further seek investment opportunities...

New report explores global attitudes to Islamic Wealth Management

A landmark study into global attitudes towards Islamic wealth management has provided unique insights into the evolving needs of Muslim high-net worth individuals and...

Ethical investment in the GCC – merging present and future opportunities for regional investors

Ethical investment is not new to the Middle East. Research indicates the issuance of the first Islamic bond, or sukuk, in Damascus 1,300 years...

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