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SPMD threatens legal action in response to allegations of market manipulation
Speed Medical responds: Speed Medical issued a statement (pdf) threatening to take legal action for possible defamation against any media…
Also on our Radar
Home / Also on our Radar
Raya FutureTECH joins Global Accelerator Network
Raya FutureTECH has joined the Global Accelerator Network (GAN), it announced in a statement (pdf). Operated by Raya Holdings subsidiary…
Education outfit Taaleem undergoes ownership restructuring
The partners who sold shares in the IPO of Taaleem earlier this year are restructuring their holdings. CI Capital and…
Bank ABC and Blom acquisition to go through in 1Q2022
NilePreneurs to help expand local innovation accelerator: The CBE funded, Nile University-based NilePreneurs is taking part in a European Union…
Egypt’s cotton production to go up 30% y-o-y in MY2021-2022
Cotton production in Egypt is expected to increase by more than 30% y-o-y to reach 280k bales in the 2021-2022…
FRA makes operations easier for charitable funds
Endowments of registered local charities will only be required to set aside a maximum of EGP 5 mn, or 2%…
CIRA gets cabinet signoff on Badr University in Assiut
Cabinet signed off (pdf) yesterday on the establishment of private sector education outfit CIRA’s Badr University in Assiut, with the…
Banque Misr to issue Meeza cards for Tanmeyah
A few things we’re keeping an eye on this morning: Banque Misr will issue prepaid Meeza cards for Tanmeyah Micro…
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