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UK-based fintech JUMO looks to open its doors in Egypt
South Africa and London-based fintech company JUMO is considering an expansion into Egypt, CEO Andrew Watkins-Ball told the Financial Times.…
Stocks, crypto hit new record highs
US stocks hit new record highs: The S&P 500 closed above 4,700 for the first time yesterday as strong earnings,…
CBE issues framework for instant digital payments
The Central Bank of Egypt has released the regulations(pdf) for its instant payment network (IPN), part of its strategy to…
NTRA slaps telcos with fines for poor quality
NTRA slaps telecom companies with EGP 25 mn in fines for subpar quality: The National Telecommunications Regulatory Authority (NTRA) has…
Let’s skip the formalities and just SPAC
Two companies are already eyeing setting up SPACs in Egypt to acquire and list fintech players, Zulficar & Partners founding…
How much would you have risked to get the Squid Game jackpot?
Squid Game can (not) make you rich: New cryptocurrency Squid Game (ticker: SQUID) surged uncontrollably to hit a peak of…
e-Finance looks at new rights issue to shareholders
MARKET NEWS- State-owned fintech firm e-Finance’s board of directors greenlit a EGP 2.49 bn capital increase through a rights issue…
IDH hit by arbitration cases by Saudi-based Al Muhaidib Company
Saudi Arabia’s Al Muhaidib Company is in the midst of international arbitration case and two administrative cases against LSE- and…
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