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Simplex raises new funding round to up CNC annual production capacity to 3.5k units
Simplex is looking for an international strategic partnership as it pushes further into regional markets
Regional tensions flare up as China prepares to ship 400 air-defense launchers to Tehran
Good afternoon, friends, and happy almost-weekend to you all. We’re close to the finish line, and today’s issue has enough…
From Money Fellows to Diwan, Egypt’s founders keep saying the same things — and they’re worth listening to
Successful entrepreneurs prioritize market reality, treat customer relationships as a survival metric, and know that leadership is more about long-term…
Fincart closes USD 2.8 mn seed round
The e-commerce operations startup wants physical presence in new markets by 2027
How corporate AI mandates burned through budgets, gutted teams, and left little to show for it
The era of the blank check for enterprise AI is abruptly closing as businesses scramble to implement strict monthly quotas…
Egypt + World Bank build a USD 520 mn private infrastructure financing vehicle
Good morning, folks. One common theme this morning: the market thinks a rate cut is coming and everyone is positioning…
Somou Boulevard is Paragon’s wager that Egypt’s compound-obsessed market is ready for something different
An AI researcher walks into real estate during Covid and six years later structures a JV the way institutional investors…
Imported cars are facing an unofficial squeeze ahead of a formal tariff coming by end-August
The squeeze shows that Cairo wants cars built here, not shipped in
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