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Egyptian trucking app Trella will make its Saudi debut any day now
STARTUP WATCH- Trucking app Trella will make its Saudi debut any day now: Trella, the venture-backed Egyptian trucking marketplace that…
Education Ministry could reverse foreign ownership cap on schools as investors rebel
Education Ministry could reverse foreign ownership cap on schools as investors dig in their heels: Foreign investors who own stakes…
Tharaa will not crowd out private sector -Soliman.
Tharaa wants to engage with — not crowd out — the private sector -Soliman. The CEO of Egypt’s sovereign wealth…
IFC to invest USD 10 mn in electricity meter manufacturer Global Tronics
The International Finance Corporation (IFC) is considering a USD 10 mn equity investment in local electricity meters manufacturer Global Tronics,…
USA’s Exim Bank allocates USD 2 bn in funding for Egypt
US’ Exim Bank allocates USD 2 bn in funding for Egypt: The Export-Import Bank of the US has earmarked USD…
Egypt’s Botme raises six figure in seed funding
STARTUP WATCH- Egypt’s Botme raises six figures in seed funding from regional angel investors: Chatbot building platform Botme has secured…
Egypt’s USD 520 mn Ain Sokhna port expansion to be complete by 2Q2020
DP World’s USD 520 mn Ain Sokhna port expansion to be complete by 2Q2020: A USD 520 mn expansion of…
Egyptian sovereign wealth fund Tharaa receives seven partnership offers
Tharaa receives seven partnership offers: Egypt's sovereign wealth fund Tharaa received seven offers from investors for potential partnerships in healthcare,…
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