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GASC in talks for new wheat buy + the Cairo hotel market rebounds in 2022
GASC is in direct talks with 14 wheat suppliers to buy an undisclosed amount of wheat, traders tell Reuters. The…
Euromoney awards for HSBC, EFG Hermes and CIB
EFG Hermes, HSBC and CIB walked away with awards from the 2022 Euromoney Awards for Excellence last week. HSBC was…
Never mind the crypto crash — risky investment is young investors’ go-to + Mind-reading chips are here
Lottery-like investing behavior is the youths’ preferred flavor: Speculative financial products — like crypto, NFTs and meme stocks — are…
Bahraini fintech Arab Financial Services plans to launch in Egypt
Bahraini fintech comes to Egypt: Bahrain-based payment solutions provider ArabFinancial Services (AFS) plans to expand to Egypt, the company said…
Meet our founder of the week: Khazna’s Ahmed Wagueeh
OUR FOUNDER OF THE WEEK- Ahmed Wagueeh, co-founder and CTO of Khazna (LinkedIn). My name is Ahmed Wagueeh, and I’m…
US PE firms want record amounts of new funding
US private equity firms are collectively looking to raise some USD 1 tn in fresh funding despite a shaky market,…
THIS MORNING: From signs of the times you need to know about to a nasty, no good, horrible day for climate
Good morning, friends, and welcome to another compact, business-focused issue as we celebrate the arrival of hump day. Do you…
How has Egypt’s Startup Land fared in 1H2022?
BY THE NUMBERS- How Egypt’s startups fared in 1H 2022: It hasn’t been a pretty scene in the global startup…
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