Tag: #Investment
Abu Dhabi wealth fund ADQ to invest $35 billion in Egypt
The Abu Dhabi fund will acquire the development rights for Ras El-Hekma for $24 billion to develop the region into one of the largest new city developments
Bahrain’s Investcorp launches new climate solutions investment platform
The platform seeks to accelerate the global transition to a zero-carbon economy with a focus on the deployment of commercially proven climate solutions.
Afreximbank, Morocco ink MoU for $1billion trade programme
Afreximbank will cooperate with relevant Moroccan entities and economic operators to develop and deploy appropriate project structuring and financing solutions.
Bahrain issues new licenses to expand scope of family offices
The regulations were developed to suit the business models of family offices that provide services to multiple wealthy families.
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