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Raya Electronics plans major expansion in 2023
Raya Holding’s Raya Electronics plans to expand into 10 new governorates next year, after inaugurating one of the biggest electronic…
Another suitor for Capiter?
Is Saudi fintech Sanad Cash moving in on Capiter? Saudi fintech platform Sanad Cash wants to acquire 60% of crisis-stricken…
Kashat lands funding from US + pan-African VC
Not all doom and gloom on Planet Startup: Kashat, the region’s first provider of nano-loans, has landed funding from both…
CIT infrastructure players are holding up well amid a challenging economic environment, but they’re in for a tough balancing act
How is the current economic environment impacting financial infrastructure + telecom players? Last week, we looked at how construction companies’…
Aramco wants more fossil fuel investment
The ‘SPAC King’ has lost his crown: Chamath Palihapitiya, one of the key figures who fueled the 2020 SPAC mania,…
Alex Containers welcomes new chairman after Gulf funds buy in
Islam Mohamed Abdel Fattah has been appointed chairman of Alexandria Container and Cargo Handling (ACCH), according to an EGX disclosure…
Global Ventures’ fintech fund reaches USD 105 mn second close
Nclude hits USD 105 mn second close: Local and international investors have committed around USD 20 mn to Global Ventures’…
The EGX sell-off continues
EGX WATCH: Egyptian shares suffered their biggest single-day loss since early July yesterday amid growing investor concerns about global growth.…
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