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Crypto businesses stockpile cash in anticipation of regulatory scrutiny
Crypto businesses are preparing for the regulatory axe to fall: Coinbase has stockpiled as much as USD 4 bn in…
I-Score gets new managing director + Administrative Prosecution Authority gets new head
I-Score has appointed Tarek Elmahmoudy (LinkedIn) as the managing director, effective as of last July, Youm7 reports. Elmahmoudy has 40…
Swvl will expand into Europe through Shotl acquisition
Swvl to acquire Europe’s answer to on-demand shuttles: Mass transportation startup Swvl has agreed to acquire Barcelona-based “multiservice collective mobility…
Fawry completes EGP 1.2 bn follow-on share sale
Fawry completes EGP 1.2 bn follow-on share sale: Several shareholders in Egypt’s leading e-payments firm Fawry have sold a 4.3%…
THIS EVENING: Egypt’s earnings recovery continues + Why being a “Small Giant” is a very good thing
Good afternoon, everyone: One more sleep and then we can push through the workday and slide into the weekend. It’s…
Number of telecom-backed mobile wallet transactions up 175% in 1Q2021
The number of telecom-backed mobile wallets in Egypt jumped 16% y-o-y to reach 16.3 mn in the first half of…
TONIGHT- Bid for an upgrade from EgyptAir + You need to come back to the office because you can’t cut a deal on Zoom
Good morning, friends — we hope hump day has been kind to you. The news day has been reasonably kind…
THIS MORNING: Thanaweya Amma results today + Hedge funds on the up
Good morning, wonderful people. That change in the air? It’s the beginning of the end of summer. Families are starting…
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