Venture Capital funding in Egypt maintained its growing path for the fifth consecutive year, rising by 3% to USD517M in 2022, without reporting any MEGA deal. Egypt is quickly becoming an attractive destination for venture investment, and given its potential, it is likely that we will see even more growth in the coming years. The […]
Banking & Finance
Egypt
Healthcare, Pharma & Life Sciences
B Investments and TSFE invest in Egypt’s healthcare sector
The Sovereign Fund of Egypt (“TSFE”) through its healthcare and pharmaceutical industries Subfund (“TSFE Healthcare & Pharma Subfund”) and B Investments Holding (“B Investments”), BPE Partners’ flagship investment vehicle, have signed an agreement to
Background
Egypt
Opinions
United Arab Emirates
Mohamed Elmogy on elevating MENA’s in-house legal community
With Suzan Taha Mohamed Elmogy (“Mogy”) has recently been appointed as the Board Director for ACC MENA. LegalcommunityMENA had the opportunity to interview Mogy regarding how his new role aims to serve the in-house
Chimera Investment has acquired 45% of GB Lease, a subsidiary of GB Auto, for EGP 855 million. This transaction comes as the latest episode in a series of investments made by Chimera in the non-banking financial services
Deal & transactions
Egypt
Healthcare, Pharma & Life Sciences
Sandoz Egypt Pharma signs new partnership with Ibnsina Pharma
Sandoz Egypt Pharma, a division of the Novartis Group, and Ibnsina Pharma, a pharmaceutical distribution company, have partnered to expand access to Sandoz’s over-the-counter (OTC) portfolio of products through a distribution and
Egyptian law firm, Eastern & Co. has appointed Hossam Atef (pictured) as its managing partner. Atef has extensive experience in the field of corporate law, with a focus on Mergers & Acquisitions and joint-ventures transactions.
The Sovereign Fund of Egypt (“TSFE”) has established a Joint Venture with Etisalat Egypt by e& to launch the new company Erada Microfinance with the goal
Zulficar & Partners Law Firm has welcomed Rana El-Nahal to its partnership. She will be part of the firm’s corporate and M&A Group. El-Nahal has a wealth of experience, having advised clients
Eldib & Co Attorneys at Law has welcomed Marwan Eissa (pictured) to its partnership, effective 1 January 2023. Eissa is an expert in Intellectual Property law and has a wealth of experience representing major clients, small businesses,
Etisalat Egypt by e& and The Sovereign Fund of Egypt (TSFE) have partnered together to launch the new company Erada Microfinance. Enabled by fin-tech, Erada is granted license allowing access to a diversified set
