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Fawry is planting roots in Kuwait next year
EGX-listed e-payments giant Fawry is planning to begin operating in Kuwait in 2023, with legal procedures currently underway, Fawry’s Investment,…
ADQ’s Agthia now owns 60% of Auf Group
UAE’s Agthia is now the majority owner of Abu Auf: Emirati food and beverage major Agthia has completed its acquisition…
Gov’t reportedly looking to tender 200-MW worth of new Benban solar projects
Among the other stories we’re paying attention to this morning: ENERGY- A 200 MW solar tender in Benban? The New…
500 Global to set up Egyptian office + boost local investments
500 Global is setting up shop here: Silicon Valley VC fund 500 Global is working on opening an office in…
Meet our founder of the week: Untap Technologies’ Sabrine Assem
OUR FOUNDER OF THE WEEK- Every Tuesday, Founder of the Week looks at how a successful member of Egypt’s startup…
Egypt car sales down again in October
Auto sales down yet again: Monthly auto sales fell in October as the industry faces continued import difficulties. Less than…
Economy grew 4.4% y-o-y in the first quarter of 2022 despite global headwinds
Egypt’s economy grew 4.4% y-o-y in 1Q FY 2022-2023, according to preliminary data from the Planning Ministry. GDP growth in…
Crypto winter hasn’t spilled over into the traditional financial sector + Mini robots to administer drugs and treat disease?
Why the collapse of crypto hasn’t really tainted the world’s economy: Crypto, which was once valued at around USD 3…
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