AD Ports Group and CMA CGM Group announce agreement to invest AED 570 million in new terminal at Khalifa Port

Abu Dhabi, United Arab Emirates, AD Ports Group, the region’s premier facilitator of logistics, industry, and trade, and France-based CMA CGM Group, a world leader in shipping and logistics, have announced the signing of a 35-year concession agreement. Under the terms of the agreement, a new terminal will be establishedContinue Reading

Egypt Becomes Africa Finance Corporation’s 32nd Member State, With a Potential of US Billion of Investments

CAIRO–(BUSINESS WIRE/AETOSWire) – Africa Finance Corporation (AFC) has welcomed Egypt as its newest member state. Egypt’s Prime Minister, H.E. Dr Mostafa Madbouly, committed North Africa’s most populous nation to become the 32nd member of the region’s leading infrastructure solutions provider, opening up a potential US$1billion of investments. “With the increasingContinue Reading

Mental health report by EMPWR, WAMDA, and Microsoft for Startups reveals 55% founders rate ‘raising investment’ as the prime stress factor

EMPWR, an authority on mental health research in the region, acts as an exclusive mental health partner for WAMDA and Microsoft for startup’s report on the impact of pandemic on the wellbeing of regional entrepreneur EMPWR’s role involved guiding the direction for the survey, formulating the questions & enabling strategicContinue Reading

MANSCAPED™ Launches in the United Arab Emirates and the Kingdom of Saudi Arabia

SAN DIEGO–(BUSINESS WIRE/AETOSWire)— MANSCAPED™, the global men’s grooming company and leading lifestyle brand, today announces its arrival in the United Arab Emirates (UAE) and the Kingdom of Saudi Arabia. MANSCAPED has quickly become a coveted brand and a daily routine for millions of men in three dozen countries worldwide, since successfully launching in AsiaContinue Reading

Speed Medical SAE, Secures EGP 1.57 Billion Capital Commitment from Global Emerging Markets (GEM)

Cairo, Egypt, Speed Medical Company (EGX: SPMD), today announced a EGP 1.57 billion capital commitment from GEM Global Yield LLC SCS (“GGY”), the Luxembourg based private alternative investment group. Under the agreement, GGY will provide Speed Medical Co. (SPMD) with a Share Subscription Facility of up to EGP 1,570 million forContinue Reading