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What we’re tracking on 4 March 2021
Good morning, nice people. Congratulations on making it through another workweek. Today can neither be classified as busy nor slow…
Big banks flock to crypto despite warnings
Major banks and firms are raising their holdings in cryptocurrencies despite market volatility, leaving US authorities concerned about the creation…
Ibnsina to tap healthcare fintech with new company
Ibnsina Pharma is making another play for the tech space, announcing in an EGXfiling (pdf) yesterday that it has set…
United Bank likes the digital banking space
United Bank is looking to acquire a controlling stake in an unnamed e-payments company, and is currently in negotiations over…
What the markets are doing on 28 February 2021
The global economic recovery is looking increasingly uneven, with a “dangerous divergence” opening up between the developed and developing worlds,…
Also on our radar on 28 February 2021
Five consortia have eyes on a tender to establish the Tenth of Ramadan City dry port, AlShorouk reports, citing sources…
SFE to invest 10% in ADQ’s acquisition of Amoun Pharma
SFE to get in on ADQ’s acquisition of Amoun Pharma: The Sovereign Wealth Fund of Egypt (SFE) is reportedly going…
Fawry closes in on CIB + Banque Misr’s stakes in Fawry Plus
E-payment giant Fawry is on track to hold 86% of Fawry Plus Banking Services after Fawry’s board of directors signed…
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