Intella, the SME-focused fintech startup, has completed a USD 1 million seed financing round, led by Hala Ventures, with participation from Falak Startups, powered by the Egyptian Ministry of International Cooperation and its venture capital arm, Egypt Ventures. Founded in 2021, Intella offers real-time, on-demand intelligence and market research for a wide variety of clients […]
Banking & Finance
Egypt
Real Estate, Construction & Infrastructure
Hassan Allam Properties secures EGP 1.8 billion in financing
A Hassan Allam Properties subsidiary secured EGP 1.8 billion in financing from the National Bank of Egypt (NBE) and Arab African International Bank (AAIB) to finance its residential project Swan Lake West in Sixth of October.
Helmy, Hamza & Partners, Baker McKenzie’s Cairo office, has recently advised Pioneers Properties for Urban Development on a real estate securitization transaction. The total value of the securitization bond program is EGP 3 billion divided
A diverse group of Egypt’s banks, insurance companies, financial institution as well as private investors have come together to set up a new fund dedicated to investing in K12 private schools in Egypt. The
Mercedes-Benz Egypt has announced its intention to localize the manufacturing of electric vehicles in the country in the coming period. The National Automotive Company (NATCO), the owner of the largest distribution network of Mercedes-Benz cars
