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Saudi wealth fund PIF launches company for Egypt investments

Saudi Arabia’s Public Investment Fund (PIF) has launched a company that will invest in promising sectors throughout Egypt including financial services, infrastructure as well...

Furniture marketplace startup Homzmart raises $23 million to support regional expansion

Egyptian furniture and e-commerce marketplace Homzmart said Monday that it raised $23 million in a Pre-Series B funding round to support the startup’s regional...

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...