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Fintech player Sahl closes USD 6 mn in funding round led by the state’s Ayady Investments
The company allows users to pay their utility bills through a mobile app
Government rejects proposal to hike the price of subsidized sugar. PLUS: HSBC + Juhayna, Nokia, Samih Sawiris’ FTI Touristik, EgyptAir, Podcast Productions
The state currently spends more than EGP 23 in subsidies on every kilo of subsidized sugar
What tricks does Apple have up its sleeve at WWDC 2024?
Apple intends to incorporate AI into its apps and features while maintaining its privacy features
International Holding Company subsidiary Palm Sport to operate Al Ahly’s El Qalaa El Hamraa. PLUS: EGP 5 bn aluminum factory, trade talks with Russia, startups news galore
The EGP 12 bn sports city complex in Sheikh Zayed will house Al Ahly’s new 44-k seat home stadium
How constant connectivity is ruining our social lives
Today, not responding to a call or text within a specific time frame is almost disrespectful, and not responding at…
Venture debt funding for local startups drop 86% in 2023
The country witnessed two venture debt transactions during the year
Adnoc Distribution to manufacture motor oil in Egypt before the end of 2024
The company is also looking into obtaining a license to establish charging stations for EVs
Egypt was among Saudi Arabia’s top investors last quarter
Egypt along with the UAE and Singapore each closed three agreements in the Kingdom
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