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Inflation weighs on stocks as Goldman CEO warns on rate hikes
US stocks fell again yesterday as investors fretted over how central banks will react to rising inflation. The S&P 500…
Kashat appoints Marija Zivanovic-Smith as independent board member
Our friends at Kashat, the region's first provider of nano-financial services, have added Marija Zivanovic-Smith (LinkedIn) as an independent board…
Earnings Watch: EFG Hermes, Orascom Construction report 3Q2021 results
EFG Hermes’ net income dropped 16% y-o-y to EGP 356 mn in 3Q2021, according to its quarterly earning release (pdf).…
Anghami eyes December Nasdaq listing
Anghami to complete SPAC merger + list on Nasdaq in December: Emirati music streaming service Anghami will pull the trigger…
Swvl to enter Chile, Argentina with Viapool acquisition
Homegrown mass transport startup Swvl will enter Latin America for the first time with the acquisition of a controlling stake…
Earnings watch: Fawry, Elsewedy Electric, GB Auto, and Rameda
E-payments giant Fawry saw its bottom line ease 26% to EGP 36.1 mn in 3Q2021, according to its earnings release…
Startup investment up >33% on 2020 + Kiwe closes first round, MNT-Halan launches core banking system
Investors have put almost USD 2 bn into startups in MENA, Pakistan and Turkey so far this year, with USD…
Career 180 lands investment from EdVentures + Tyro to acquire Nafham in share swap
Edtech startup Career 180 scored a USD 200k investment from EdVentures to develop a new employment platform, the VC firm…
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