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valU, Majid Al Futtaim launch consumer finance product
valU, MAF partner on consumer finance: EFG Hermes’ buy-now-pay-later platform valU is partnering with Majid Al Futtaim (MAF) to introduce…
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…
This morning in the foreign press: Trucking startup Naqla + the Egyptian composer who soundtracked Moon Knight
It’s a mixed bag in the foreign press this morning: AFP spotlights Egyptian composer Hesham Nazih, who scored the soundtrack…
Amazon has five years to swap EFG GDRs for valU shares
Amazon has five years to swap EFG GDRs for valU shares: EFG Hermes has given Amazon a five-year window to…
Stellantis could be looking to produce EVs in Egypt
Automobile manufacturer Stellantis is interested in assembling electric vehicles in Egypt, cabinet said in a statement yesterday following talks between…
Cairo-born Instabug closes USD 46 mn series B round
Software startup Instabug has raised USD 46 mn in series B funding, it announced in a press release (pdf). The…
THIS MORNING: Online shopping in Egypt is booming; Russia takes Mariupol
The news flow just won’t give us a break right now. Not that we’re complaining, but it would be nice…
Meet our founder of the week: Paymob’s Alain El Hajj
OUR FOUNDER OF THE WEEK- Alain El Hajj, co-founder and COO Paymob (LinkedIn). My name is Alain El Hajj, and…
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