Institutional investors snap up shares of Valu
Fresh funding for Edita | Competition Law amendments up for debate | Fully settling dues owed to IOCs?
Tuesday, 21 April 2026
Snapped up
Good morning, friends. We have a ton of companies coverage for you this morning, including news of an accelerated book build that saw institutional investors snap up shares of Valu, word that Edita has lined up funding to grow its production capacity, and Fawry targeting the gig economy with a new micro insurance product.

Today at a Glance
Podcasts
Morning Drive is your daily download of the essential headlines shaping Egypt. Hosted by ‘Synthetic Salma’ — an AI-powered version of Executive Editor Salma El-Saeed.
Listen on: Apple Podcasts | Spotify
Investment Watch
M&A Watch
Explore EnterpriseAM for your industry
A close look at key activities driving headlines across industries
Privatization Watch
Banque du Caire IPO prospectus coming before June
Plus: No 4-hour blackouts, cabinet says
Egypt looks to restart privatization push with five new EGX filings
Egypt is looking to temporarily list 20 state-owned companies this month that the state is looking to list or exit
Newsmakers
CIB CEO Hisham Ezz Al Arab on why Egypt is ready to welcome digital-native banks
“Egypt is at the brink of an inflection point with regulatory momentum, demographic tailwinds, and consumer behavior aligning to drive rapid…
My Morning Routine
Chambers and Partners is out with its 2026 list of Egypt’s top arbitration litigators
Youssef + Partners’ Karim Youssef was awarded the top title of Star Individual
Spotlight
Regulation
Legislation Watch
Parliament moves to shield healthcare and research from nuclear fee hikes
Amendments create a clearer distinction between commercial nuclear ventures and…
Regulation Watch
El Sisi shuffles central bank board, appointing three new subject-matter experts
Sherif Kamel, Ali Faramawy retain seats for another year
Cabinet Watch
Garghoub is now a Special Economic Zone — here is what that means for investors
Plus: A major overhaul at GOEIC to slash customs times
Ittihadiya
Egypt’s El Sisi calls on Trump to end the war
Good morning, all. It’s another morning with the regional war…
Startup Watch
Swvl is not dropping off of Nasdaq just yet, as company turns to the black in 2025
The company turned a profit last year, allowing it to meet Nasdaq’s requirements to remain listed on the exchange
Meet our founders of the week: Knot Technologies’ Ahmed Abdalla and Hussein ElBendak
Knot is building its AI-native ticketing and access control infrastructure out of Egypt for…
Meet Tribe founder Roba El Gindy
“Tribe is the village that it takes to raise a child”
Industries
Banking
New FRA Chairman Islam Azzam appointed as Iosco vice chair
Azzam will also chair the Growth and Emerging Markets Committee…
Finance
Growing stablecoin use threatens monetary control in emerging markets
Stablecoins have become a tool for bypassing government-imposed restrictions on…
Capital Markets
Iran war triggers first major crack in 15-month EGX bull run
The benchmark index rose 8.4% the first quarter of the…
Fintech
Instapay hits profitability as demand keeps up one year into 0.1% transaction fee
Instapay has also become the bridge between bank accounts and…
Climate
EETC taps Kharafi National to upgrade West Bakr substation
Kharafi will expand the substation to accommodate 2.8 GW of…
Automotive
February auto sales climb 63% y-o-y as market awaits true war impact in March
Total sales rose 22.5% m-o-m to 17.3k units.
Commodities
Egypt is kicking off its most critical wheat harvest in years
We are projected to grow 6.5% more wheat, but will…
Tech
Fawry secures FRA license for a new EGP 60 mn micro-ins. arm
Fawry will add ins. services to its massive existing digital…
Energy
Egypt to buy all gas from Cyprus’ Aphrodite field under new pipeline agreements
Newly established company Aphrodite Midstream will lead the construction of…
Infrastructure
Egypt inks USD 296.5 mn locomotive overhaul deal with Canada’s APD
The 12-year contract covers 55 locomotives currently in service and…
Manufacturing
The second phase of industrial financing program is here with bigger caps + new KPIs
The second phase of the program will see borrowing limits…
Mining
Bokra debuts Shakmagia gold fund this month, targets EGP 10 mn
Plus: FRA is capping vehicle depreciation rates to settle claims…
Monday, 20 April 2026
Welcome back, folks
With the spring breeze upon us, one may feel the need to be surrounded by nature. In that spirit, we sat down with Karim Harouny, CEO of Egypt’s first and largest online garden center, Mashtal, to talk about all things green, business, and AI.
In today’s issue, we also take a look at the less-than-stellar sequel to Netflix’s Beef, bring you up to speed on the latest happenings in the world of football, recommend your next family outing, and more. Up first, the news…

Today at a Glance

Friday, 17 April 2026
It's the weekend!
Good morning, ladies and gents, and congrats on making it to the weekend.
While the growing popularity of designated remote work days is a much-welcome introduction to our schedules, the transition can be a tad more difficult than expected. From office setups to productivity tips and tricks, this week’s edition of The Enterprise Guide breaks down everything you need for an ideal remote work set-up.

