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Logistics (MENA) 
Flextock seals record pre-seed funding
An Egyptian logistics player just set a regional record for pre-seed funding: Logistics startup Flextock has closed a USD 3.25…
Paymob wants to set up shop in Saudi
Payment gateway Paymob is looking to roll out digital payment services in Saudi Arabia in the coming five years as…
THIS EVENING: Egyptians banned from Oman; ADQ spending spree; European econmists call for gender equity in central banking.
First things first: May the Fourth be with you — happy Star Wars Day to our fellow geeks. THE BIG…
What the markets are doing on 28 April 2021
Yesterday was a huge day for tech earnings: Google parent Alphabet smashed sales records in 1Q thanks to a splurge…
Cairo Angels invests in Kashat
Kashat has landed Cairo Angels’ largest investment to date: VC firm Cairo Angels has made an undisclosed investment in our…
Egyptian traders ❤️ BTC?
Egypt’s large unbanked population, its high volume of remittances, and economic uncertainty caused by covid-19 could be driving accelerated Bitcoin…
Banks can start issuing deposit-backed electronic currencies under new CBE regs
Commercial banks are now allowed to issue e-currencies under newregulations (pdf) announced by the central bank yesterday. One unit of…
CBE raises withdrawal + transfer limits from mobile wallets
SMART POLICY- Mobile wallet users can now borrow, withdraw, and transfer larger sums per day under new regulations (pdf) released…
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