60% decline in mergers, acquisitions activity in Egypt last year: PwC – Dailynewsegypt
Eastern Company deal among five largest deals in Middle East
Banque Du Caire launches green financing programs for electric cars, solar panels – Dailynewsegypt
Banque Du Caire has unveiled new financing programs designed to accelerate the adoption of sustainable technologies in Egypt. These programs offer loans for electric vehicle purchases and solar panel installations, reflecting the bank’s commitment to supporting a greener future. The
Ascend Elements raises $162 million for Kentucky plant to create cathode materials from recycled batteries – Charged EVs
Ascend Elements, a battery recycling company, has raised $162 million in equity investments from Just Climate, Clearvision Ventures and IRONGREY, bringing its 12-month funding total to $704 million. The
Nilesat reports 12% increase in profits for 2023 – Dailynewsegypt
Nilesat, the Egyptian satellite operator, announced on Saturday that it achieved a 12% increase in profits for the year ended December 31, 2023. The company’s profits reached $43.754m, compared to $38.967m in 2022. Revenues from operations also increased by 2%