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A fifth of Egyptians shopped online more last Ramadan because of covid-19, Facebook says
Covid-19 is pushing more people to do their Ramadan shopping online, with 22% of adults surveyed in Egypt saying they…
What the markets are doing on 23 March 2021
GLOBAL IPO WATCH- UK-based food delivery startup Deliveroo has kicked off its GBP 1.8 bn IPO in London, according to…
Egypt’s small businesses think a recovery is in the cards this year
Small businesses in Egypt are increasingly optimistic about where the economy is going, with 75% of respondents surveyed in Visa’s…
Egypt fuels 2020 MENA e-commerce boom
Egypt, Saudi Arabia and the UAE led a boom in e-commerce in the MENA region last year, as the covid-19…
zVendo closes six-figure USD investment from EFG EV, others
E-commerce platform zVendo has landed a six-figure USD investment in a funding round led by EFG EV Fintech and several…
We still ♥ banknotes
Egypt is the world’s second most banknote-reliant country — and has the third highest percentage of unbanked citizens. Only 45%…
EFG Hermes, Universal Group to launch new ecommerce site
EFG Hermes and Universal Group are collaborating on a new ecommerce website that will allow the home appliance company to…
What the markets are doing on 16 March 2021
GLOBAL IPO WATCH- Food delivery player Deliveroo hopes to raise around GBP 1 bn when it debuts on the London…
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