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MNT-Halan wants to tap new markets in 2022
MNT-Halan is looking at cross-border expansion this year, with plans to tap markets where “there are large unbanked populations that…
Fashion marketplace Gahez gets USD 2 mn pre-seed investment
Fashion marketplace Gahez has raised USD 2 mn in a pre-seed funding round led by Disruptech Ventures, the company announced…
Women-led SMEs to get USD 5 mn in EBRD funding
EBE receives up to USD 5 mn from EBRD to support Egyptian women-led SMEs: The Export Development Bank of Egypt…
Earnings Watch: EFG Hermes, Orascom Construction report 3Q2021 results
EFG Hermes’ net income dropped 16% y-o-y to EGP 356 mn in 3Q2021, according to its quarterly earning release (pdf).…
TONIGHT: Tanmeyah is now wholly owned by EFG + unemployment inches up in 3Q2021
It’s an energy-focused hump day, ladies and gentlemen, with a flurry of energy news coming out of various global oil,…
Zilla Capital acquires two firms, eyes two more acquisitions
Investment firm Zilla Capital has acquired Naeem Holdings subsidiary Naeem Capital Investment, according to an EGX disclosure (pdf). Naeem Capital…
Aspire Capital establishes Kheir Microfinance
Aspire Capital Holding (formerly Pioneers Holding) has set up a microfinance arm, Kheir Microfinance, the company said in a regulatory…
TONIGHT: It’s Prophet Muhammad’s birthday + the ECA isn’t happy that M&A agreements are happening without its knowledge.
Good afternoon, ladies and gentlemen. The foreign business press today is warning of a potential EM selloff on the back…
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