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What the markets are doing on 31 May 2021
US regulators are continuing to make vague statements about maybe doing something to temper the madness in the crypto markets:…
Are NFTs making possible a new form of theft?
How NFTs made plagiarism a business: The recent boom in NFTs — the unique digital vehicles that enable users to…
TONIGHT: US’ Blinken is in Cairo today; Metrojet investigation ongoing; Big Tech gets hammered on the regulatory front; Army of the Dead on Netflix;
Good afternoon, wonderful people. We’ve made it through another workday together — one more to go and we slide into…
Mozare3 lands seven-figure pre-seed round from Algebra, Distruptech
Agri-fintech startup Mozare3 has raised a seven-figure investment in a pre-series A funding round led by Algebra Ventures and Disruptech,…
UAE’s service marketplace Rizek wants to enter Egypt
UAE-based service marketplace Rizek is planning to expand into Egypt and Saudi Arabia “in the coming months'' after raising USD…
TONIGHT: Gaza crisis resolution; Blinken ME tour to land in Cairo; RyanAir hijacking causes consternation; SPAC party hits EU; BTC meltdown continues
After a slow morning, we’re getting a flood of stories running the gamut of investment, to Egypt macro trends to…
FRA’s fintech bill gets preliminary house committee nod
The House CIT Committee gave a preliminary nod yesterday to a draft law that would govern the fintech space, Masrawy…
Fawry sees bottom line surge in 1Q2021
The EGX30 rose 0.75% at today’s close on turnover of EGP 1.29 bn (2.2% above the 90-day average). Foreign investors…
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