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Mapping the world through machine learning
Mapping the world through machine learning: Facebook researchers are using machine learning models on high-resolution satellite imagery to produce detailed…
Fawry IPO’s retail offering 30x oversubscribed
IPO WATCH- Fawry’s retail offering oversubscribed 30x: E-payments platform Fawry successfully completed the book-building process for its initial public offering,…
Fintech startup MoneyFellows raises over USD 1 mn in pre-series A funding
STARTUP WATCH- Fintech startup MoneyFellows has raised over USD 1 mn in pre-series A funding from 500 Startups and Dubai…
Egypt has the fastest-growing entrepreneurship ecosystem in MENA
Egypt has the fastest-growing entrepreneurship ecosystem in the MENA region, according to a Magnitt report seen by Wamda. More access…
What we’re tracking on 05 August 2019
It’s PMI day: The Emirates NBD purchasing managers’ indexes for Egypt, the UAE, and Saudi Arabia are due out this…
China’s Foton discusses manufacturing electric buses with Egyptian officials
A delegation from Chinese automotive manufacturer Foton Motor met with Military Production Minister Mohamed El Assar, Local Development Minister Mahmoud…
Carriage closes operations in Egypt
STARTUP WATCH- Food delivery service Carriage closes operations in Egypt: Kuwait-headquartered food delivery company Carriage has shut down operations in…
Fawry’s private placement sees strong demand
IPO WATCH- Fawry’s private placement 15.9x oversubscribed: Investors oversubscribed 15.9x to the private placement portion of Fawry’s ongoing IPO, EFG…
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