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Insights
16-May-19 Egypt’s petroleum sector is set to attract USD10 bn of investment this financial year, adding to the USD30 bn invested since 2016, according to Mohamed Saad, head of the oil chamber at the Federation of Egyptian Industries. [image: Reuters / Amr Abdallah Dalsh]
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15-May-19 Indian online grocery delivery start-up Grofers has secured USD200 mn from investors led by SoftBank’s Vision Fund, in the USD100 bn investment vehicle’s latest bet on India's technology sector. Grofers claims to have achieved annual revenue of USD400 mn. [image: Reuters / Issei Kato / File Photo]
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13-May-19 US private equity group TPG will take over and manage Abraaj’s USD1 bn healthcare fund, offering relief for Kenyan medical outlets into which the fund had pumped billions of shillings. Abraaj’s Kenyan portfolio includes 18 clinics and 10 hospitals. [image: NMG]
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03-May-19 PerkinElmer, an American medtech company, has opened its newest life science lab instruments and diagnostics manufacturing facility at the JTC MedTech Hub in Singapore. The facility is the company's largest instrument manufacturing facility globally. [image: Perkinelmer / The Straits Times]
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26-Apr-19 Singapore’s largest ride-hailing company, Grab has invested in last-mile delivery firm Ninja Van, which will see Grab’s current logistics service, GrabExpress, expand its offerings to include scheduled deliveries on top of on-demand deliveries. [image: Bloomberg / South China Morning Post]
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