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Inflation weighs on stocks as Goldman CEO warns on rate hikes
US stocks fell again yesterday as investors fretted over how central banks will react to rising inflation. The S&P 500…
Kashat appoints Marija Zivanovic-Smith as independent board member
Our friends at Kashat, the region's first provider of nano-financial services, have added Marija Zivanovic-Smith (LinkedIn) as an independent board…
Earnings Watch: EFG Hermes, Orascom Construction report 3Q2021 results
EFG Hermes’ net income dropped 16% y-o-y to EGP 356 mn in 3Q2021, according to its quarterly earning release (pdf).…
Earnings watch: Fawry, Elsewedy Electric, GB Auto, and Rameda
E-payments giant Fawry saw its bottom line ease 26% to EGP 36.1 mn in 3Q2021, according to its earnings release…
Startup investment up >33% on 2020 + Kiwe closes first round, MNT-Halan launches core banking system
Investors have put almost USD 2 bn into startups in MENA, Pakistan and Turkey so far this year, with USD…
e-Finance pushes expansion with B2B e-commerce, digital health, and tourism platforms
What’s next for e-Finance as a public company? Following its blockbuster debut on the EGX as part of the state…
TONIGHT: The PPP Act passes the House + It’s a good day for VC investment in edtech
It’s a busy day here in the local press, ladies and gentlemen, with key legislation getting approval from the House…
e-Finance profits fall 15% in 3Q2021
e-Finance saw its net income dip 20% y-o-y in 3Q2021 to EGP 99.3 mn, according to the company’s first quarterly…
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