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Also on our Radar on 7 April 2021
Things we’re keeping an eye on this morning: Our friends at Sodic now have a notary public office at its…
Cabinet approves draft bill to regulate fintech industry
The draft law that will govern the fintech space received approval from the Madbouly cabinet in its weekly meeting yesterday,…
Sawari Ventures closes EGP 440 mn Egypt tech fund
Cairo-based VC firm Sawari Ventures has reached final close on its Egypt-focused tech fund, raising USD 28 mn (EGP 440…
At least two state companies could hit the EGX in 3Q2021
Two or three state-owned companies will sell shares on the EGX in 3Q2021, reviving the long-dormant state-privatization program, Public Enterprises…
TE is most influential local brand in Egypt -Ipsos
Telecom Egypt ranked at the top of an Ipsos ranking of the most influential local brands in Egypt for 2020,…
NBFS player MLF plans to increase portfolio to EGP 2 bn in coming year
Non-banking financial services player MLF Finance is seeking to double the size of its portfolio to EGP 2 bn by…
Slowly, but surely
Egypt's foreign currency reserves inched up by almost USD 140 mn in March to end the month at USD 40.34…
The lockdown has been good to money launderers
Money laundering has flourished during the covid-19 pandemic: While the pandemic has put a dent on much business activity worldwide,…
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