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That hypersonic missile is really just a very, very fast Jetsons car, says China
It’s a bird. It’s a plane. It’s … not a hypersonic missile? The “nuclear-capable hypersonic missile” that the Financial Times…
TONIGHT: It’s Prophet Muhammad’s birthday + the ECA isn’t happy that M&A agreements are happening without its knowledge.
Good afternoon, ladies and gentlemen. The foreign business press today is warning of a potential EM selloff on the back…
The taxman is coming for ride-hailing apps in Saudi
Uber + Careem just got hit with a massive tax bill in KSA. The ride-hailing companies will be charged a…
Construction tech outfit Elmawkaa and mobile security startup MagicCube close rounds
Egyptian construction tech startup Elmawkaa has raised an undisclosed USD six-figure sum in a seed round led by Flat6Labs, with…
House committee gives final nod to proposed fintech law
The House of Representatives’ CIT Committee yesterday gave final approval to a draft law to regulate Egypt’s fintech sector, Al…
Foreign institutions lining up for e-Finance’s IPO –Sarhan
Foreing investors had heavy appetite for shares of e-Finance, the state-owned fintech platform and payments infrastructure provider whose ongoing offering…
Beware the clueless tourist VC + Melbourne citizens come out of lockdown
Beware the clueless tourist VC: The soaring interest in Egyptian startups from foreign VCs may seem opportune. But without the…
TONIGHT: EBRD Banking VP + British MENA MP are in town. Plus: The global supply chain is not getting a reprieve.
Good afternoon, ladies and gentlemen. A light news day is just what the doctor ordered for a short work week…
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