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Beware the clueless tourist VC + Melbourne citizens come out of lockdown
Beware the clueless tourist VC: The soaring interest in Egyptian startups from foreign VCs may seem opportune. But without the…
Suez Canal revenues up 12.4% so far this year
The global rise in commodity prices is hitting local aluminium, as Egypt Aluminum has raised the price at which it…
Pioneers Holding to rebrand, insurance for workers abroad and Fawry partners with Uber
Egyptian workers abroad will be able to get state-backed ins. policies here at home starting 2022 under a decision (pdf)…
EgyLease to issue EGP 750 mn in securitized bonds
Financial leasing company EgyLease is working to issue EGP 750 mn in securitized bonds, a move that is being carried…
MNT-Halan announces blockbuster USD 120 mn fintech round
MNT-Halan has closed what we believe is the largest fintech round ever to take place in MENA, raising c. USD…
TONIGHT: MTN’s record round + a very long list of things that should be on your Egypt calendar
Good afternoon, everyone, and welcome to another busy newsday, with our top story being a blockbuster: THE BIG STORIES TODAY…
Kudos: Egyptian companies recognized in fintech, banking sectors
Our friends at CIB and Elsewedy Electric topped the list of nominees at this year’s Institutional Investor Best Practice awards.…
Debt market welcomes Raya’s Aman
Raya subsidiary Aman completed the issuance of EGP 585 mn in securitized bonds, according to a statement (pdf) from the…
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