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valU gets Walid Hassouna’s full attention
valU has Walid Hassouna’s full attention: Walid Hassouna is leaving his position as CEO of EFG Hermes’ Non-Bank Financial Institutions…
Cartona raises USD 12 mn series A funding
Egyptian B2B e-commerce platform Cartona has raised USD 12 mn in a series A round led by VC firm Silicon…
Allianz to hold 40% stake in JV with Sanlam
Allianz will hold a 40% stake in its new joint venture with South Africa’s Sanlam, an official at Allianz told…
One giant leap for regional integration…
Egypt, Jordan + UAE choose projects for joint industrial partnership: Egypt, Jordan, the UAE, and now Bahrain, have identified USD…
The metaverse’s new thing: Earn money for exercising (with a catch)
Crypto’s latest fad, “Move-to-Earn” (M2E), entices you with the promise of earning back money by exercising, but seldom delivers: A…
US equities are continuing to rally despite a poor earnings season
US shares are rallying this month despite weak 2Q earnings reports and gloomy economic outlooks, the Wall Street Journal notes.…
EIPICO waiting on UP Pharma DD clearance + Agthia hasn’t (yet?) submitted a bid to acquire Obourland
UP Pharma is still studying EIPICO’s takeover bid: Upper Egypt Pharma (UPPharma) has not yet given Egyptian International Pharma Industries…
Do Egyptian startups need to start tightening their belts?
Startups globally are being urged to cut spending. What’s the advice for Egyptian startups? The pandemic era startup gravy train…
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