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Fintech startup Dayra raises USD 3 mn in pre-seed funding round
Egyptian fintech startup Dayra has closed a USD 3 mn pre-seed funding round that includes both equity and debt financing,…
What we’re tracking on 2 March 2021
Happy hump day, ladies and gentlemen. Get through today and it’s a downhill slide to the weekend. THE BIG STORY…
What we’re tracking on 1 March 2020
Good afternoon, everyone, and welcome to a very regulation heavy afternoon. Some key regulatory updates we cover in the Speed…
How auto’s recovery is playing out in the markets
The EGX30 fell 0.8% at today’s close on turnover of EGP 1.59 bn (8.5% above the 90-day average). Foreign investors…
The debt market has been good to EFG Hermes Corp Solutions
Talal Elayat, CEO of EFG Hermes Corp-Solutions, on the firm's plans for the debt market: The non-banking financial services (NBFS)…
Strong with the force, healthcare M&As are
The latest M&A activity in the red-hot healthcare sector appears to be a bidding war brewing for Alexandria Medical Services.…
Drop in unemployment driven by job creation, not reduced labor force –EFG Hermes
MORE CONTEXT on this morning’s unemployment figures: EFG Hermes’ Mohamed Abu Basha took a deeper dive in a client note…
What’s a good target price for CI Capital? Plus: Egypt is still overweight in EFG Hermes’ MENA Top 20
The EGX30 fell 0.3% at today’s close on turnover of EGP 1.53 bn (6.3% above the 90-day average). Local investors…
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