Qatar-based Investment Holding Group (IHG) contemplates acquiring Elegancia Group

Investment Holding Group (IHG), a Doha-based Investment Management company, is mulling plans to acquire Elegancia group, a business supplies and equipment conglomerate also located in the Qatari capital. IHG’s board of Directors, Zawya notes, indicated to the Qatar Stock Exchange Read more

Egypt gets €145m credit from AfDB to improve safety of railway system after March deadly train accident

The African Development Bank, AfDB, Tuesday announced Tuesday a credit line of €145 million for Egypt to help enhance operational safety and to increase network capacity on national rail lines, The New Arab reports. “The planned upgrades are expected to Read more

Abu Dhabi–based Agthia Group acquires majority stakes in Egyptian meat producer

The Board of Directors of Abu Dhabi-based Agthia Group, a company operating in food and beverages, has approved the acquisition of majority stakes in Ismailia Investments, an Egyptian producer of frozen processed chicken and beef products, Zawya reports. The board Read more