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The Saudis have arrived
The Saudi sovereign wealth fund acquired minority stakes in four EGX-listed companies for USD 1.3 bn yesterday, the Planning Ministry…
THIS MORNING: Electricity bills to rise 1 January + It’s inflation day at home and abroad
Good morning, everyone, and welcome to a very busy news day at home and abroad. THE BIG STORY HERE AT…
THIS MORNING: The Central Bank of Egypt is getting into contactless payments
Good morning, friends, and happy hump day. It’s a truly slow newsday (we are, indeed, in the dog days of…
Egypt is really getting on the digital payments wagon
Digital payments are more popular than ever in Egypt: Over the past year, some 88% of consumers in Egypt have…
Startups globally are being urged to cut spending — What are Egyptian startups doing?
Startups in Egypt were urged to cut spending — are they listening? With global funding drying up in the wake…
CEOs are taking a harder line + Netflix is figuring out how to enter the ad-supported space
You may be used to having your streaming experience interrupted with ads, but Netflix is still getting its head around…
Is Russia using Egypt to export its crude? Plus: El Sisi establishes disability fund
Russia appears to be using Egypt as a transit route to sell its crude, ahead of the introduction of western…
EFG Hermes appoints new NBFI CEO
EFG Hermes’ NBFI business gets a new boss: Our old friend Aladdin ElAfifi (LinkedIn) has been appointed CEO of EFG…
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