
EAEF to inject $3m into Dawi’s medical base Maharram law Group
Nour & partners in association with Al Tamimi & co serve as advisors to transaction
Nour & partners in association with Al Tamimi & co serve as advisors to transaction
The Egyptian American Enterprise Fund (EAEF) announced acquiring a 46.5% stake in Orchidia Pharmaceutical Industries, the company announced a week earlier. Lorax Capital Partners (LCP), EAEF’s investment manager will organize fund transactions of staked owned by SPE Capital (formerly Swicorp Private Equity) and other minority shareholders. EAEF purchased 38% from SPE and 3% from the …
The Egyptian-American Enterprise Fund (EAEF) announced on Wednesday that it invested $10m in a newly-launched venture capital fund, Algebra Ventures, which is expected to support between 20 to 25 start-ups with investments in the range of $0.5m to $4m. Algebra Ventures said in a statement that it seeks to back entrepreneurial teams with the vision …