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E-commerce platform El Dokan + used-car retailed Carzami close first funding rounds
Two local startups get a first foot on the funding ladder: E-commerce software provider El Dokan raised USD 550k in…
valU wants you to shop by WhatsApp and we have new solar plants coming online in Sharm this October
A bidding round for Borg El Arab dry port? A consortium led by Alpha Capital is reportedly among companies planning…
valU acquires PayNas
EFG Hermes’ consumer finance arm valU has acquired 100% of digital HR and payroll platform Paynas, valU said in a…
THIS EVENING: valU snaps up 100% of PayNas + Citi sees UK inflation jumping above 18% next year
Happy hump day, wonderful people. We have a slightly slower news afternoon to bring you today — a welcome breather…
valU closes its second securitized bond issuance
valU just closed its second securitized bond issuance in less than a year: EFG Hermes’ consumer finance arm valU has…
Enough earnings for you?
Yesterday was an earnings extravaganza, ladies and gentlemen. Among those reporting were (in alphabetical order): Contact Financial Holding’s net income…
More than 4.5 mn now on universal health insurance system
More than 4.5 mn Egyptians have so far been registered on the Universal Health Ins. System, said Ahmed Sobky, chairman…
Consumer Finance Act amendments are now law
President Abdel Fattah El Sisi has ratified amendments to the Consumer Finance Act, adding three new articles that are designed…
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