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Egypt in the News on 8 April 2021
The Suez Canal blockage is still earning us some digital ink in the foreign press, with the Washington Post writing…
More financial inclusion for pensioners + PayTabs, valU services coming to LuLu
Pensioners will soon have access to “new electronic channels” to receive and use their monthly payments under an MoU the…
ADQ’s Agthia is one step closer to Atyab takeover
ADQ Holding’s Agthia to move forward with Atyab acquisition soon: Emirati state-owned investment firm ADQ Holding’s food subsidiary Agthia has…
Cabinet approves draft bill to regulate fintech industry
The draft law that will govern the fintech space received approval from the Madbouly cabinet in its weekly meeting yesterday,…
ADQ teams up with Adnoc on Wataniya bid
Abu Dhabi’s sovereign wealth fund ADQ is joining forces with Abu Dhabi National Oil Company (Adnoc) in its takeover bid…
Algebra Ventures doubles down on Egypt with USD 90 mn fund
Algebra launches USD 90 mn tech fund: Algebra Ventures has launched a second tech fund that will invest USD 90…
Why are VCs and angels wary about investing in green startups?
Why are VCs and angels wary about investing in green startups? In 2020, VCs and angel investors made 49 investments…
What the markets are doing on 6 April 2021
The market value of cryptocurrencies has doubled in just two months to more than USD 2 tn as institutional investors…
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