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Fawry acquires minority stake in social commerce startup Brimore
Egyptian e-payments giant Fawry has acquired a minority stake in social commerce company Brimore for EGP 15.7 mn, Fawry said…
TONIGHT: Five state companies could soon offer stakes on the EGX + Rachid Mohmaed Rachid’s Bidayat could turn Bab El Azab into an innovative zone
Enterprise turns seven this week, ladies and gentlemen. We wouldn’t have gotten this far without you, dear reader. THE BIG…
Companies + governments are rushing to issue debt before the Fed taper
Companies + governments are rushing to issue debt before the Fed taper: The past week saw a spike in USD-…
Banque Misr wants to launch its digital bank in 1Q2022
Banque Misr plans to launch Egypt’s first digital bank during 1Q2022, the bank’s Vice Chairman Akef El Maghraby told Masrawy.…
Shipping is doing its bit to force up inflation globally
A covid-induced surge in shipping costs is the latest flashpoint for inflation: With an increase in gas prices, a shortage…
E-Finance to IPO this fall
E-Finance, the state-owned fintech platform and digital payment infrastructure provider could become the second company to IPO on the EGX…
Fintech startup Dopay raises USD 18 mn in series A round
Egypt-based fintech startup Dopay has secured USD 18 mn in funding in a series A round led by UK VC…
Suez Canal Bank and AAIB submit offers for 90% of Valu’s maiden securitized bond issuance
Two banks want almost all of Valu’s securitized bond issuance: The Suez Canal Bank and the Arab African International Bank…
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