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Fawry, MM Group, ODE all report stellar earnings in 2Q2021
EARNINGS WATCH- Fawry’s net income rose 7% to EGP 51.4 mn in 2Q2021, up from EGP 47.9 mn in the…
Emerging-market currencies could see a selloff if US yield spike continues
Emerging-market currencies poised for selloff amid possible US yield spike? Developing-nation currencies may suffer losses amid a possible sharp rise…
UAE national company lands dredging contract for Damietta port
Some things we’re keeping an eye on this morning: The UAE’s National Marine Dredging Company has been awarded a AED…
More startup news than you can shake a stick at
Transport startup Schoolz has closed a six-figure USD pre-seed round from angel investors in Egypt and Saudi Arabia, the company…
Swvl, New Capital company eye debuts on EGX
Swvl could debut on EGX in 2022-2023: Mass transportation startup Swvl is considering an initial public offering on the Egyptian…
TONIGHT: NIB is not being liquidated. + NMC admin gets ready to exit. ALSO: The football leagues are back this weekend.
Well, friends, we’ve made it through another week together — we wish you all a phenomenal long weekend with family…
Did hackers just pull off the largest crypto heist in history?
Crypto criminals pull off USD 600 mn heist: The decentralized finance (DeFi) platform PolyNetwork may have been hit with the…
Jumia to hire 100+ workers for new Cairo tech hub
Jumia will hire more than 100 workers at its new Cairo tech hub as part of the Africa-focused e-commerce giant’s…
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