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Egypt’s valU, El Gouna school sign tuition payment agreement
valU, El Gouna school sign tuition payment agreement: EFG Hermes’ consumer finance arm valU has signed an agreement with El…
Tech
VC firm Openner to invest USD 5 mn in 50 Egyptian tech startups in two years
INVESTMENT WATCH- US-based venture capitalist Openner is planning to invest USD 5 mn in Egyptian startups over the next two…
What we’re tracking on 19 October 2020
Good morning, friends, and welcome to a typically slow (but not dull) Monday, which oddly enough is usually the slowest…
Egypt in the News on 18 October 2020
Topping coverage of Egypt in the foreign press: A CNN report claiming the FBI investigated whether an unnamed Egyptian state…
ADQ Holding could buy Amoun Pharma for USD 700 mn
M&A WATCH- The Emirates’ ADQ Holding could buy Amoun Pharma for USD 700 mn: Abu Dhabi’s sovereign wealth fund ADQ…
Masary to help Banque Misr develop its e-payments services
Banque Misr is equipping Ebtikar’s e-payment app Masary with banking services, including QR code payments, Meeza card services, and accepting…
Matouk Bassiouny & Hennawy win IFLR’s Egyptian law firm of the year
KUDOS- Our friends at Matouk Bassiouny & Hennawy won the International FinancialLaw Review’s 2020 Egyptian law firm of the year…
Egypt-founded edtech platform Marj3 raises seed investment
STARTUP WATCH- Ed-tech platform Marj3 has secured an unspecified seed investment in a round led by US-based VC firm Expert…
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