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 fund, dubbed Lighthouse Education, aims to raise EGP 500 mn in its first close and eventually reach EGP 1.75 bn. Spearheaded […]
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
