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How social media giants are spiraling out of control
Maybe connecting everyone in the world might not have been such a good idea after all: Facebook’s dominant selling point…
TONIGHT: All eyes are on the CBE’s interest rate decision + Egycomex on track to go live in 2022 + The global chip shortage weighs on automotive earnings
It’s interest rate day, and all eyes will be on the Central Bank of Egypt as its Monetary Policy Committee…
Fertiglobe shares jump 20% on ADX debut
Fertiglobe shares jumped 20% in theirADX debut yesterday before closing 17.6%higher at AED 3.06 per share. The joint venture between…
EFG’s Valu + three Egyptian solar companies get nods
Three Egyptian companies made it onto Forbes’ 10 Sustainable Companies inMENA list: Solar EPC and financing company Cairo Solar, recycling…
Swvl backer VC firm Chimera Capital wraps up second closing of its maiden fund
Swvl backer Chimera Capital has exceeded its USD 50 mn target with the completion of the second close of its…
Will ethereum form the basis of a decentralized internet?
Could ethereum lead the charge into a new internet? If decentralized apps, typically those running on blockchain, take over from…
Eni makes 3 new oil and gas discoveries in Western desert
Italian oil and gas producer Eni has made three new oil and gas discoveries in its Meleiha and South West…
Shorooq Partners launches MENA-wide venture debt fund
Shorooq Partners has launched what it’s calling the first MENA-focused venture debt fund, Nahda Fund I (pdf). The firm hit…
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