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THIS MORNING: It’s a huge day for diplomacy as El Sisi, Biden talk agai, Qatar’s FM lands, and Cairo readies to welcome Blinken
Good morning, friends, and welcome to a packed issue this morning, with plenty of news spanning from diplomacy to M&A…
UAE’s service marketplace Rizek wants to enter Egypt
UAE-based service marketplace Rizek is planning to expand into Egypt and Saudi Arabia “in the coming months'' after raising USD…
TONIGHT: Gaza crisis resolution; Blinken ME tour to land in Cairo; RyanAir hijacking causes consternation; SPAC party hits EU; BTC meltdown continues
After a slow morning, we’re getting a flood of stories running the gamut of investment, to Egypt macro trends to…
Automation is making inroads at Egypt’s international schools
How Egypt’s int’l schools are embracing automation in school processes: Though global education has long been termed automation-resistant, automated processes…
FRA’s fintech bill gets preliminary house committee nod
The House CIT Committee gave a preliminary nod yesterday to a draft law that would govern the fintech space, Masrawy…
Fawry sees bottom line surge in 1Q2021
The EGX30 rose 0.75% at today’s close on turnover of EGP 1.29 bn (2.2% above the 90-day average). Foreign investors…
Flat6Labs’ Egypt fund more than quadruples to EGP 207 mn
Flat6Labs has completed the second close of its Egypt-focused Flat6Labs Accelerator Company (FAC), raising the fund size to EGP 207…
Tays lands seven-figure pre-seed investment
Egyptian networking app Tays has raised a seven-figure pre-seed investment from multiple angel investors, the startup said in a statement…
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