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The global financial mood has well and truly turned
Time to batten down the hatches: The business press is warning of coming storms on all fronts. Investors should prepare…
Elevate PE launches leasing arm, becomes Elevate Capital
Elevate takes a leap into leasing: Our friends at Elevate Private Equity have landed approval in principle from the Financial…
Is Beltone in play?
An investor alliance led by WM Consultancy has submitted a non-binding offer to buy a majority stake in Beltone Financial,…
Earnings watch: Telecom Egypt, Orascom Financial Holding, B Investments report 1Q2022 results
EARNINGS WATCH- Telecom Egypt’s 1Q2022 net income declined 36% y-o-y to EGP 1.40 bn, according to the company’s earnings release…
Healthtech startup Doxx raises USD 1.5 mn seed funding
Egyptian healthtech startup Doxx raised USD 1.5 mn in a seed round led by international VC outfit Openner, with participation…
KarmSolar appoints new CFO
Egyptian solar player KarmSolar has appointed Nabil Kammoun (LinkedIn) as its new chief financial officer, according to a press release…
Etisalat Misr revenues up 15% on subscriber growth in 1Q 2022
Mobile network operator Etisalat Misr reported revenues of AED 1.3 bn (c. EGP 6.55 bn) in 1Q 2022, up 15%…
Vodafone Egypt acquires 10% stake in Bee and Masary + setting the record straight on an Arco-Ashry Steel tieup
Vodafone Egypt makes first stake buys in Bee + Masary: Vodafone Egypt has acquired 10% stakes in e-payment platforms Bee…
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