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MENA region startups have raised USD 1.8 billion in investment in the first half of 2022, according to a report by MAGNITT, fintech leads the way.
AD Ports gains 70% stake in two Egyptian maritime companies for USD 140 million in the company’s first international acquisition.
PaySky, a digital payment solutions provider based in Egypt, will launch a series of services in the UAE. Supported by Visa, the fintech firm will offer its Yalla Card and Super App in the UAE.
MSG Group and Bedeschi SPA Italia to create plant that will produce 1.2 million tons of cement and 1 million tons of klinker.
An exclusive interview with GrubTech co-founder and CEO on how they plan to transform the restaurant and cloud kitchen sectors in the UAE and Egypt.
ACWA Power signs deal worth up to USD 1.5 billion that will provide power to over 1 million households in partnership with Hassan Allam Holding.
ASIF will focus on mobilizing capital and equity, promoting green projects and investing in logistics to improve interconnectivity within the continent.
Algeria hosted Qatari businessmen and officials to discuss investments across a number of sectors. Qatar represents 75% of all foreign investment in Algeria.
Saudi Crown Prince Mohammed bin Salman is set to embark on a regional tour to bolster international co-operation.
The ITFC has begun dispersing a USD 3 billion credit extension to Egypt to address the rising costs of food and energy imports.