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Fawry’s bottom line nearly quadruples in 1H 2023; Ibnsina reports rise in earnings
Fawry’s banking services segment drove revenue growth, sales at Ibnsina were up on price hikes
HSBC and Uber — accelerating financial inclusion
In support of the Egyptian government’s financial inclusion programme, HSBC has worked with Uber to deliver payment solutions that allow…
Agthia no longer interested in acquiring military-owned bottled water firm Safi -local media
A source familiar with the matter told us in May that the ADQ-owned company was among those interested in acquiring…
Talents Arena raises USD 750k pre-seed round for Saudi expansion
The round was led by UI Investment
Kharafi National borrows EGP 1.65 bn to expand in the local market
ADI Capital was the financial advisor on the loan
Flat6Labs launches contech accelerator
Construction tech startups could get up to USD 100k in funding
Cybersecurity firm Buguard closes USD 500k seed round
The startup plans to tap the KSA this year
Orascom Financial Holding wants to set up a digital bank
A number of local companies are eyeing setting up digital arms
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