• Tuesday, 1 December 2015

    Egyptian-American Enterprise Fund announces major investment in Sarwa Capital S.A.E.

    Cairo, Egypt, November 31, 2015 – The Egyptian-American Enterprise Fund (“EAEF”) today announced that it has entered into conditional binding agreements to invest in Sarwa Capital S.A.E. (“Sarwa Capital”), a pioneer in consumer finance, leasing and securitization in Egypt. The...
  • Friday, 20 November 2015

    40 Rules of the Siege

    The 13th century poet Rumi had Forty Rules of Love. Syrians have the 40 Rules of Siege, written piecemeal by 25-year-old Abdullah Al-Khateeb, a former sociology student and resident of Yarmouk, which the Guardian describes as the “once-bustling once-bustling neighbourhood...
  • Thursday, 12 November 2015

    EFG Hermes, EAEF confirm Fawry transaction

    News circulating once more on acquisition of majority stake in Fawry at a valuation of EGP 773 mn. News of Fawry’s acquisition by a consortium including Helios Investment Partners, the Egyptian-American Enterprise Fund, and EFG Hermes’ MENA Long-Term Value Fund...
  • Sunday, 8 November 2015

    Key highlights from the Flight 9268 investigative committee press conference

    The chairman of the committee investigating the flight 9268 crash, Ayman El Mokadem, held a press conference in Cairo on Saturday, 7 November. Among the highlights: Starting point of the press conference, statement of the investigative committee read by its chair...
  • Sunday, 1 November 2015

    Uber pledges zero tolerance for sexual harassment; Cairo Metro awareness campaign launches

    Ride-hailing service Uber is teaming up with Harassmap to train and screen its drivers in an effort to establish a zero-tolerance attitude toward sexual harassment. Harassmap is a local initiative which also uses crowdsourcing tech to monitor and map sexual...
  • Sunday, 25 October 2015

    SODIC hosts 6 km run to benefit Baheya Cancer Hospital

    *** A MESSAGE FROM SODIC Over 2,000 runners will hit the street in SODIC West on Friday in collaboration with Cairo Runners on the occasion of Breast Cancer Awareness Month In honour of October Breast Cancer Awareness Month, SODIC in...
  • Thursday, 22 October 2015

    The Banker on the Suez Canal

    The October issue of The Banker (pdf), a publication of the Financial Times, quotes CIB Chairman and MD Hisham Ezz Al-Arab and AmCham Presient Anis Aclimandos extensively. The Banker New Suez Canal October 2015
  • Wednesday, 21 October 2015

    17 new PPP projects, one table

    We have a table of 17 public-private partnership projects that have been announced at the PPP conference and published in Al Mal. The list, which identifies the project, the ministry issuing the tender, its investment value, and current status includes a...
  • Monday, 12 October 2015

    New SODIC Managing Director takes helm

    SODIC, a leading Egyptian real estate developer, is pleased to announce that Eng. Magued Sherif has assumed his duties as the company’s new Managing Director at SODIC’s Cairo headquarters. Magued brings to SODIC deep experience in the sector, a proven...

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