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Aldar, ADQ launch bid for SODIC
The UAE’s Aldar Properties and sovereign wealth fund ADQ has submitted a mandatory tender offer for up to 90% of…
Robots are cheaper and faster than you are + Canon unveils EOS R3 mirrorless camera
First, they use robots to make your life easier. Then, they figure out the robots are cheaper — and faster.…
TONIGHT: Aldar and ADQ submit MTO for 90% of SODIC + Will Biden withhold some of our military aid?
Good afternoon, everyone, and welcome to the tail end of hump day. Another really busy news day has kept us…
Valu kicks off EGP 2 bn securitization program + Fawry eyes consumer finance space
EFG Hermes’ consumer finance subsidiary Valu has kicked off its EGP 2 bnsecuritization program with a EGP 323 mn bond…
B2B e-commerce platform Capiter raises USD 33 mn for expansion in series A round
Cairo-based B2B e-commerce startup Capiter has raised USD 33 mn in a series A funding round co-led by Quona Capital…
EGX could open the door for SPACs
Egypt could be welcoming SPACs soon, after EGX boss Mohamed Farid suggested amendments to listing rules that would allow Egyptian…
THIS MORNING: Last chance for EK Holding shareholders; UK reviews it “Red List” this week; Brace yourselves, iSheep.
Good morning, wonderful people, and happy hump day. And what a busy one it is, as we mull SPACs on…
TONIGHT: EGX seems to be interested in SPACs too + Fawry to launch a consumer finance company ALSO: Read this satire on startup culture
Good afternoon, ladies and gentlemen, to an uncharacteristically slow September news day that was pierced by new capital markets regulations.…
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