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THIS MORNING: It’s going to be a busy day for diplomacy + inflation figures are due out later today
Good morning, wonderful people, and happy THURSDAY. It’s shaping up to be a diplomacy-heavy day as Egypt is consulted on…
WaffarX closes multi-mn financing round from Silicon Valley VC firm
Cashback services startup WaffarX closed a multi-mn USD funding round from Silicon Valley VC firm Lobby Capital, Wamda reported, marking…
Making it rain
Cairo Angels announces first close on USD 5 mn micro-VC fund. Angel investment group Cairo Angels reached first close on…
Aldar, ADQ are now SODIC’s majority shareholders
The Aldar-ADQ consortium officially owns 85.5% of SODIC: The Emirati consortium of real estate giant Aldar Properties and Abu Dhabi…
Is Uber planning to sell a stake in Careem?
Is Uber planning to sell a stake in Careem? Uber is in talks with its Middle East unit Careem to…
Mohamed Sekkina appointed Talabat Mart general manager
Food ordering app Talabat has tapped Mohamed Sekkina (LinkedIn) as the new general manager of its grocery delivery service, Talabat…
SODIC is officially getting Emirati owners
The Aldar / ADQ takeover of SODIC is going through: SODIC shareholders have so far agreed to sell shares equivalent…
THIS MORNING: Eye on inflation ahead of central bank interest rate meeting + a crazy-busy news day
It’s one heck of a busy news day today, wonderful people, so let’s jump right in and get this show…
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