The private equity firm Compass Capital, in cooperation with CI Capital, is planning to launch C3 Fund worth EGP 3 billion within the first half (H1) of 2024, the firm’s Managing Partner Tarek Abdel Rahman told Al Arabiya Business.

Telecom Egypt has secured a fifth generation (5G) mobile communication networks’ services license from the National Telecommunications Regulatory Authority (NTRA), as per a cabinet statement on January 17th.

Egypt's Initial Public Offering (IPO) programme, which commenced in February 2023, has attracted $3.5 billion in investments so far, Minister of Finance Mohamed Maait said on Sunday.

Beltone Investment Management, a subsidiary of Beltone Financial Holding, has received initial approval from the Financial Regulatory Authority (FRA) to establish a gold investment fund, sources told Daily News Egypt.