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US share rally ends after hopes for Ukraine peace talks fade
Has the bear-market rally run out of steam? US shares ended a five-day run of gains yesterday as hopes for…
Intella closes USD 1 mn seed round + online grocer ON Market raises USD 215k
Cairo-based market research firm Intella has secured USD 1 mn in a seed funding round led by Hala Ventures, with…
National Bank of Egypt ups stake in Fawry — is a stake sale to ADQ next?
Another state-owned bank appears to have just bought a chunk of Fawry, likely setting up the sale of the government-controlled…
ApeCoin is raising concerns about power accumulation in crypto
New cryptocurrency, ApeCoin, is raising concerns about power imbalances in the crypto world: ApeCoin is coming under scrutiny for revealing…
THIS EVENING: The broad strokes of state policy to encourage private sector involvement + Fawry sells more shares + KSA deposits USD 5 bn in the CBE
It’s another day of outstanding news, ladies and gentlemen, as we head to the pre-Ramadan sprint, with the positive signals…
EM bonds on course for their worst quarter in 24 years + UAE positioning itself as a global crypto hub
It hasn’t been like this in 24 years: USD-denominated emerging bonds are on course to have their worst quarter since…
Khazna wants a SPAC to call its own
Fintech startup Khazna could set up a SPAC in 2024, a company spokesperson told Enterprise, confirming a report from Al…
THIS MORNING: Covid restrictions eased ahead of Ramadan + Shoukry at landmark MidEast summit in Israel
We seem to have traded the fire hose of news for a sprinkler today — and that’s just fine with…
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