Tag: #Investment
UAE’s Emirates NBD makes equity investment in Komgo
The equity investment was made by Emirates NBD’s Innovation Fund, the bank’s corporate venture fund.
Network International invests EGP 1 billion in Egypt
The payments firm plans to use part of the investment to acquire, deploy and maintain around 100,000 POS machines
Middle East investors to inject $120 billion in Egypt
The UAE invested in 71 projects worth a record $5.6 billion in 2021 alone, with the most significant being The Agtech Park.
Cairo to host 3rd Intra-African Trade Fair in November
The decision to change the venue and dates of the continental event followed the announcement from Côte d’Ivoire that it was no longer in a position to host the trade fair
Abu Dhabi’s EHI partners EFG Hermes ahead of ADX listing
EFG Hermes will act as a strategic partner during Ethmar International Holding’s private offering process
Egypt, UAE companies form $9.8 million joint venture
The signing of the agreement marks another milestone in the cooperation between the UAE and Egyptian companies
Egypt, Jordan, UAE, Bahrain sign $2 billion industrial agreements
Egypt, the UAE, Jordan and Bahrain have signed agreements to set up nine integrated industrial projects with an investment of over $2 billion.
The 12...
Saudi wealth fund PIF, BlackRock to jointly explore MENA infrastructure investments
Saudi Arabia’s Public Investment Fund (PIF) signed a non-binding MoU with BlackRock on Monday to jointly explore infrastructure projects in the Middle East, with...
UAE’s Air Arabia, DAL Group to form a new budget carrier in Sudan
UAE’s Air Arabia said Thursday that it had partnered with Sudanese conglomerate DAL Group to launch a new low-cost airline based in Sudan’s main...
China’s Oppo to invest $20 million in mobile phone factory in Egypt
Chinese smartphone maker Oppo said Tuesday that it has signed an MoU with Egypt’s Information Technology Industry Development Agency (ITIDA) to build a mobile...