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MENA Digest: Egyptian startup OneOrder, Saudi SaaS firm Merit lead funding

TMT

24 May, 2024

MENA Digest: Egyptian startup OneOrder, Saudi SaaS firm Merit lead funding

Dealmaking in the Middle East and North Africa region during the week was propelled by high-value, growth-stage fundraises by tech-led ......

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Egyptian investment bank EFG Hermes buys minority stake in fintech platform

TMT

21 May, 2024

Egyptian investment bank EFG Hermes buys minority stake in fintech platform

EFG Hermes, the investment banking arm of Egypt’s largest financial institution EFG Holdings, acquired a minority stake in a Danish ......

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MENA Digest: Egyptian startups lead funding activity

Finance

10 May, 2024

MENA Digest: Egyptian startups lead funding activity

Egyptian fintech startups Swypex and MNZL led funding activities in the Middle East and North Africa region,, even as overall ......

PE firm Admaius Capital expands leadership team with focus on Egypt

People

07 May, 2024

PE firm Admaius Capital expands leadership team with focus on Egypt

Admaius Capital Partners, a Rwanda-based private equity firm with a pan-Africa focus, expanded its leadership team by appointing a fourth ......

Egypt's net foreign assets deficit declines for second month in a row

Economy

01 May, 2024

Egypt's net foreign assets deficit declines for second month in a row

Egypt's net foreign assets (NFAs) deficit shrank $17.8 billion in March, its second month of decline, central bank data showed, ......

MENA Digest: DXWand, Crysp Farms, Karty, Crealo secure funding

TMT

26 January, 2024

MENA Digest: DXWand, Crysp Farms, Karty, Crealo secure funding

Egyptian artificial intelligence startup DXWand led dealmaking in the Middle East and North Africa region this week. It raised growth ......

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Egyptian PE firm Ezdehar strikes second bet in a week

Healthcare

16 January, 2024

Egyptian PE firm Ezdehar strikes second bet in a week

Egyptian mid-market focussed private equity firm Ezdehar, which hit the final close of its latest vehicle in 2022 with an ......

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Egyptian PE firm Ezdehar strikes control deal for apparel retailer

Consumer

09 January, 2024

Egyptian PE firm Ezdehar strikes control deal for apparel retailer

Egyptian private equity firm Ezdehar, which invests in mid-market businesses, has acquired a majority stake in a Cairo-based apparel company, ......

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Flashback 2023: How startup dealmaking panned out across the MENA region

TMT

29 December, 2023

Flashback 2023: How startup dealmaking panned out across the MENA region

The Middle East and North Africa (MENA) region has recorded a surge in startup activity over the last few years ......

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Tanmiya eyes big jump in AUM via second Egyptian PE fund

Finance

14 April, 2023

Tanmiya eyes big jump in AUM via second Egyptian PE fund

Egypt’s Tanmiya Capital Ventures, a growth equity investment firm, is out in the market to raise a second fund that ......