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UK-based Softline Group acquires majority stake in cloud computing company Digitech
M&A- UK-based software firm Softline Group LTD has acquired a 51% stake in cloud computing company Digitech for EGP 262 mn,…
ADQ’s Abu Dhabi Ports looks to invest in Suez Port
ADQ-owned Abu Dhabi Ports Company is in talks with the Madbouly government to take over the development and management of…
2022 was the worst year for stocks and bonds since the financial crash
2022 wiped more than USD 30 tn in value from global stocks and bonds as soaring inflation, rising borrowing costs,…
Has the NFT bubble permanently burst? + Meta isn’t saying goodbye to AR just yet, despite losses
With the NFT market on life support, creators are pivoting to real-world assets to stay afloat: The market for non-fungible…
The 2022 downturn in global M&A wasn’t felt in Egypt
2022 might have coincided with a downturn in global M&A — but the same can’t be said for Egypt: Globally,…
Croatia gears up to adopt the EUR + Crypto mogul Sam Bankman-Fried’s former colleagues plead guilty on wire fraud charges
A couple of headlines worth your attention: Former colleagues of FTX mogul plead guilty: FTX’s former chief technology officer Gary…
UAE’s Fintech Galaxy acquires Underlie + O7 gears up for a GCC expansion in 2023
STARTUPS- UAE-based open banking platform Fintech Galaxy has acquired Egyptian API provider Underlie for an undisclosed sum, according to a…
Global M&A volumes falls almost a third in 2022
M&A activity fell c.30% y-o-y to USD 3.5 tn in 2022 on the back of high interest rates, inflation, and…
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