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Earnings Watch: SODIC, IDH, Fawry, Obour Land
Real estate giant SODIC’s bottom line more than doubled y-o-y in 1Q 2022 to reach EGP 226 mn, according to…
UAE-based fintech platform FlexxPay to make Egypt its third market
FlexxPay lands in Egypt: UAE-based fintech platform FlexxPay is expanding to Egypt, it announced in a press statement (pdf) last…
THIS MORNING: A brief workweek before another long holiday + Big pressures on the world’s palm oil
Good morning, wonderful people, and welcome to a very short workweek. We hope your Easter / Sham El Nessim /…
Vodafone Egypt acquires 10% stake in Bee and Masary + setting the record straight on an Arco-Ashry Steel tieup
Vodafone Egypt makes first stake buys in Bee + Masary: Vodafone Egypt has acquired 10% stakes in e-payment platforms Bee…
CIB’s newest (and largest) shareholder isn’t looking to shake up management
CIB management gets vote of confidence from (new) largest shareholder: Alpha Oryx, a subsidiary of Abu Dhabi sovereign wealth fund…
Meet our founder of the week: The Hair Addict’s Doaa Gawish
OUR FOUNDER OF THE WEEK- Doaa Gawish, founder and CEO of the Hair Addict (LinkedIn). The above portrait comes to…
Apollo Global wants in on Twitter + EV sales rise despite increased costs + Shoppers are returning to stores following covid’s e-commerce boom
Could Apollo Global finance Elon Musk’s bid to buy Twitter? Private equity firm Apollo Global is considering backing a possible…
Cairo Angels invests in UAE family activities app QiDZ
The Cairo Angels Syndicate Fund has made an investment in Gulf family entertainment marketplace QiDZ, the VC fund announced in…
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