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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…
Plenty of fintech news
Other things we’re keeping an eye on this morning: Software company Red Hat is looking to set up shop in…
Fintech regs get preliminary House approval
A draft law that would regulate the fintech space received a preliminary nod from the House of Representatives during its…
SODIC approves Aldar offer despite falling short of fair value report benchmark
SODIC’s board of directors has approved a bid from Aldar Properties and ADQ despite the offer price falling short of…
Will the Great IPO Rush of 2021 spill over into next year?
The record IPO rush could soon dwindle down: After 2021 panned out as the biggest year for IPOs on record,…
TONIGHT: We’re still at zero Omicron at home + SODIC gives Aldar-ADQ offer its blessing
It’s another Omicron-led news day, ladies and gentlemen. The new variant is still very much driving the conversation abroad on…
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…
A final offer?
The Emirati consortium bidding to acquire upmarket developer SODIC will not up its bid again if shareholders reject the price…
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