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THIS EVENING: SODIC bids for Orascom for Real Estate + State ownership policy document coming in “weeks,” Madbouly says
Happy hump day, wonderful people, and what a news dump day it is. There’s a little bit of everything happening…
Real estate player Seqoon secures USD 500k in pre-seed round + B2B services marketplace Unlock lands first round of funding
Two local startups — one in real estate, the other in B2B services — announced six-figure funding rounds yesterday. Real…
Real estate developers call on gov’t to expand financing options ahead of economic conference
Real estate players should tune in to the government’s economic conference: Prime Minister Mdbouly said there would be a dedicated…
Egypt in the News: NYT scrutinizes the new capital
Funding the new capital: The New York Times is out with a feature examining what it thinks is the USD…
Proptech startup Partment secures USD 1.5 mn in pre-seed round
Proptech startup Partment secured USD 1.5 mn in a pre-seed round led by Nclude Fintech Innovation Fund and Plus Venture…
InGame Sports gets cash + in-kind support in pre-seed round
Egyptian gaming startup InGame Sports has raised an undisclosed pre-seed round led by international VC Openner. The company said it…
THIS MORNING: The Enterprise Fall 2022 Reader Poll lands in this afternoon’s PM + LNG exports higher than thought in 21-22
Good morning, everyone and welcome to a reasonably quiet Monday morning. Think of it as a karmic (or cosmic) breather…
SODIC kills bid for MNHD
SODIC is no longer interested in acquiring MNHD: SODIC has called off its takeover bid for Madinet Nasr Housing and…
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