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UAE’s service marketplace Rizek wants to enter Egypt
UAE-based service marketplace Rizek is planning to expand into Egypt and Saudi Arabia “in the coming months'' after raising USD…
TONIGHT: Gaza crisis resolution; Blinken ME tour to land in Cairo; RyanAir hijacking causes consternation; SPAC party hits EU; BTC meltdown continues
After a slow morning, we’re getting a flood of stories running the gamut of investment, to Egypt macro trends to…
FRA’s fintech bill gets preliminary house committee nod
The House CIT Committee gave a preliminary nod yesterday to a draft law that would govern the fintech space, Masrawy…
Fawry sees bottom line surge in 1Q2021
The EGX30 rose 0.75% at today’s close on turnover of EGP 1.29 bn (2.2% above the 90-day average). Foreign investors…
THIS MORNING: It’s a big day for capital markets as EFG gets AIB acquisition nod, IDH starts trading and global shares slump
Good morning, friends, and welcome to a pleasantly busy news morning to start this last business day of the week.…
THIS EVENING: Stocks are having another bad day, BTC is still under pressure — and Gaza is still being bombed
Well, folks, that’s another work day in the books, and while Egypt’s role in trying to broker a ceasefire in…
Are we in for an IPO-heavy 2H2021?
The Egyptian Exchange could see as many as five more companies offer shares for sale before the year is out,…
TONIGHT: Gaza unrest prompts calls of calm from El Sisi; Sporting clubs offering jabs; Are Spacs dead? RenCap MENA conference tomorrow.
The post Eid hangover has hit, ladies and gentlemen, with a packed news day, work needing some extra shots of…
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