EAEF continues Fawry exit as its congressional mandate nears its end
· Egyptian market news
The Egyptian-American Fund (EAEF) dipped just below the 3% threshold in Fawry, selling some 224.8k shares for EGP 4.31 mn bourse disclosure (pdf)
The Fawry timeline: 2024-2025 annual report (pdf) around 20% sold mid-2021 trimmed to 8.74% wrote to Congress (pdf)
The rest of EAEF’s portfolio leans into healthcare
CI Capital’s industrial fund
The government is planning to launch an industrial investment fund with CI Capital within two weeks Asharq Business
CI Capital and Cairo Capital will be the first two managers out of the gate
REMEMBER- first got details bring private capital into industrial financing
Capital, cargo, and carbon
EgyptAir’s ground services and medical services subsidiaries just got a lot more capital to work with. Al Borsa
More on our local carriers from El Alamein International Airshow:
Riding the rails to 2027
The Transport Ministry is eyeing a 2027 international tender to select a contractor for electromechanical works, rail systems, and train supply Asharq Business
Nordic soil, Egyptian roots
Berry producer AgriVenture is partnering with Finnish company Kekkilä-BVB to build a growing-media factory in the Suez Canal Economic Zone statement