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EFG’s valU to launch in Upper Egypt next quarter
EFG Hermes’ mobile app valU is planning to expand into Upper Egypt next quarter, starting with Minya and Assiut, CEO…
UAE authorities greenlight Uber-Careem merger, Egypt’s ECA yet to decide
UAE authorities greenlight Uber-Careem merger: Emirati Minister of Economy Sultan bin Saeed Al Mansouri has given “unconditional approval” to Uber’s…
Breadfast raises seven-figure series A funding, joins Y Combinator accelerator program
STARTUP WATCH- Breadfast raises seven-figure series A funding, joins Y Combinator accelerator program: Cairo-based bakery startup Breadfast has raised a…
Elmenus raises undisclosed Series B investment from Foodora co-founder
Cairo-based food delivery startup Elmenus has received funding from Foodora co-founder and ex-VP of Delivery Hero Julian Dames, the company…
Egypt’s e-commerce industry poised to grow thanks to internet use, infrastructure
E-commerce in Egypt is expected to grow rapidly, in part because we have the highest number of internet users in…
Egypt’s SMEs federation building 90-feddan small manufacturing project complex
The group of SMEs is building a 90-feddan complex for small and medium ready-made garment, food, medical supplies and engineering…
Global financial systems are not simply Facebook’s playground
Will financial regulators rein in Zuckerberg’s attempts to upend the global financial system? Mark Zuckerberg may have hoped that Facebook’s…
Attijariwafa files request to CBE for mobile and internet banking licenses
Attijariwafa Bank has filed requests to the Central Bank of Egypt to acquire mobile banking and internet banking licenses, Chairman…
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