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Global stocks to recover in 2023? + Crypto exchanges suffer record outflows following FTX fiasco
Money managers see a recovery for global stocks next year after a harsh 2022: Some 71% of respondents in a…
Gulf sovereign funds are bidding for Egypt desalination plants
Gulf sovereign wealth funds are among 28 bidders vying for contracts to build the 21 desalinationplants the government is tendering…
Cairo Angels has a new face
STARTUPS- Cairo Angels is now the Acasia Group: Local investor outfit Cairo Angels has rebranded as Acasia Group, according to…
Fawry is planting roots in Kuwait next year
EGX-listed e-payments giant Fawry is planning to begin operating in Kuwait in 2023, with legal procedures currently underway, Fawry’s Investment,…
ADQ’s Agthia now owns 60% of Auf Group
UAE’s Agthia is now the majority owner of Abu Auf: Emirati food and beverage major Agthia has completed its acquisition…
Gov’t reportedly looking to tender 200-MW worth of new Benban solar projects
Among the other stories we’re paying attention to this morning: ENERGY- A 200 MW solar tender in Benban? The New…
Crypto winter hasn’t spilled over into the traditional financial sector + Mini robots to administer drugs and treat disease?
Why the collapse of crypto hasn’t really tainted the world’s economy: Crypto, which was once valued at around USD 3…
Is a regulatory crackdown on Big Crypto on its way?
The regulators are coming for crypto ‘conglomerates’ in the wake of the FTX crash: A fire has been lit under…
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