Good morning, folks. It’s another hot day at home led by hot M&A news on the fintech front, with EFG Hermes snapping up a minority stake in a Danish digital wealth manager and e-Finance acquiring minority stakes in two local digital payment firms. We also had a chat with HSBC’s Simon Willams on what’s next […]
Author Archives: enterpriseam admin
Discover your dream getaway with our signature collection of vacation homes and let our expert team craft your perfect holiday experience.
EFG Hermes acquires minority stake in Danish Kenzi Wealth
EFG Hermes signed an MoU with Kenzi to introduce new AI-powered features to its platforms
E-Finance snaps stakes in digital payment firms
The transactions will be implemented in the over-the-counter market on the EGX this month
HSBC’s Simon WIlliams on how to think about the economy in the months to come
The business community needs to see rates come down — and so does the state treasury
Wepco mulls USD 420 mn expansion of oil storage infrastructure at its Al Hamra Terminal
Wepco is planning to process 95 mn barrels of oil during the next fiscal year — an average of 260k barrels per day
EBRD provided NBE with USD 119.5 mn in financing for MSMEs
The loan will target MSMEs will a regional focus and those that are run by women or young people
Orascom Construction’s net income up 28% in 1Q 2024
The company’s new awards fell 29% y-o-y to USD 609.5 mn during the quarter
A fatal accident captures the attention of the nation’s talking heads
It was a grim night on the airwaves, as the nation’s talking heads covered the tragic accident that occurred in Giza yesterday, when a microbus slipped from a Nile ferry into the water killing 12 and leaving five missing. The accident occurred when the driver of the microbus got into a verbal altercation with another […]