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What we’re tracking on 03 January 2019
News is slow this morning as more than a handful of members of the community are either “bridging” until after…
Egypt to launch online service for military conscription
The Armed Forces have inaugurated the first electronic platform for military conscription,according to a statement. The platform will provide all…
Khalil bids to take Raya private following Egypt’s FRA decision
M&A WATCH- Khalil launches bid to take Raya private: Raya Holding founder Medhat Khalil has submitted a mandatory tender offer…
Egyptian-American Enterprise Fund’s success should encourage the establishment of similar funds elsewhere
The success of the Egyptian-American Enterprise Fund (EAEF) should encourage the US to set up similar funds as a tool…
Egypt’s IDB grants EGP 50 mn to Tamweely for MSMEs
The Industrial Development Bank (IDB) has signed a EGP 50 mn agreement with microfinance company Tamweely to provide financing for…
Swvl announces expansion to 10 cities in 2019
Mass transit app Swvl has announced plans to expand to 10 cities outside Egypt in 2019, beginning with the Philippine…
Careem launches tuk-tuk trials in Cairo
Careem has rolled out a trial run of its tuk-tuk service in parts of Cairo, according to Youm7. The report…
Do advances in AI pose an existential threat to humanity?
Worried about AI? You’re not alone. While doomsdaying about AI is not new, Vox reports that advances in machine-learning techniques…
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