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GAFI could ban forex payments between shipping + cargo handling firms
No more USD payments on cargo handling? The Finance Ministry has directed the General Authority for Investments and Freezones to…
EBRD, Green Growth and Sanad funds all have money for Egypt + more competition in consumer finance
The European Bank for Reconstruction and Development (EBRD) has put pen to paper on its financing of the Alexandria metro…
e-Finance signs first agreement outside of Egypt
e-Finance steps out of Egypt: e-Cards, a subsidiary of EGX-listed fintech player e-Finance, has signed a 10-year contract with Zimbabwean…
My Morning Routine: Mohamed El Feky, founder and CEO of Sympl
Mohamed El Feky, founder and CEO of Sympl: Each week, My Morning Routine looks at how a successful member of…
valU eyes regional expansion, M&A could be in the cards here in Egypt
EFG Hermes’ consumer finance platform valU is planning to expand into Saudi Arabia and North Africa as early as next…
New incentives for airlines to fly to tourist hotspots + Jumia links up with Valu
Airlines receive 50% operating fee discount at tourist hotspots: Airlines are getting 50% off on landing, accommodation, and waiting fees…
Edita raises Molto price points
Bestselling snack is getting (slightly) more expensive: Edita Food Industries raised the price of Molto by EGP 1 (pdf), and…
EFG, Hassan Allam, Khazna all get a round of applause
KUDOS- We said earlier this week that it is never too late to start something new — or even start…
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