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Filkhedma scores investment from The Cairo Angels
Home services marketplace Filkhedma raised an undisclosed amount in a fresh investment round from The Cairo Angels, Wamda reported. “This…
The UAE’s Chimera just bought a stake in Gemini. Plus: B Investments acquires take in Egyptian IVF Center
The UAE’s Chimera bought 25% of Sawiris’ Gemini Global Development in a USD 100 mn transaction? Abu Dhabi-based investment firm…
Omicron who?
The spread of the Omicron variant will not delay or otherwise affect Abu Qir Fertilizers’ plans to sell 10-15% of…
A Gulf-Lebanon detente
A Gulf-Lebanon detente: French President Emmanuel Macron and Saudi Arabia’s Crown Prince Mohammed Bin Salman announced a joint initiative to…
Transmashholding to provide tech support + spare parts for its railcar deliveries
Russia’s Transmashholding will provide technical support and spare parts for the 1.3k rail cars it is delivering to Egypt under…
State institutions ❤️ Planet Startup
Egypt’s biggest state-owned banks are planning to launch a new fund to invest in fintech startups before the end of…
Raseedi raises USD 850k pre-series A investment + Bexel closes USD six-figure round
Fintech startup Raseedi raised USD 850k in pre-series A funding from Africa-focused Japanese VC firm Samurai Incubate, an undisclosed European…
Spain offers EUR 400 mn to finance joint projects
The Spanish government could provide EUR 400 mn in credit facilities for “joint projects” in Egypt, under an agreement signed…
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