Sawiris’ La Mancha launches gold mining fund
Private gold company La Mancha, chaired by Egyptian billionaire Naguib Sawiris, announced on Monday the creation of…
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Qalaa’s Sphinx to launch $70 mln mid-cap P.E. fund in 2020
Sphinx Egypt, part of investment giant Qalaa Holding, plans to launch $60-70 million private equity fund to invest…
Cryptocurrencies suffer $18 billion drop in value over three days
Bitcoin finally began to stabilize Friday, but not before the total cryptocurrency market lost $18 billion of its…
Egypt seeks sovereign wealth fund boss
Egypt is looking to hire a chief executive for its new sovereign wealth fund as it seeks to attract more foreign…
Aur Capital, Wadi Degla launch new fund to invest in Egypt real estate
Egypt’s Aur Capital is joining Wadi Degla Developments to launch a 2.350 billion Egyptian pound ($131.25 million)…
Egypt set to launch innovation fund worth 1 bln pounds
Governor of the Central Bank of Egypt (CBE) Tarek Amer said that the possibility of the launching a 1 billion fund…
Egypt’s drinking water flagship wins $42.5 mln Kuwait funding
The Kuwait Fund for Arab Economic Development, (KFAED) on Sunday signed a loan agreement with Egypt worth KD12.5…
Russia, Saudi Arabia to establish $1 billion tech fund
Moscow and Riyadh plan to establish a $1 billion fund to invest in technology, the chief executive of a sovereign…
Saudi Arabia launches $1 billion fund to support SMEs
Saudi Arabia's Public Investment Fund (PIF) announced Tuesday the establishment of the Fund of Funds, a new SR4…
Saudi Arabia, Russia to establish energy fund worth $1 billion
Saudi Arabia and Russia plan to set up a $1 billion fund to invest in energy projects, Russian Energy Minister…
