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Egypt car sales down again in October
Auto sales down yet again: Monthly auto sales fell in October as the industry faces continued import difficulties. Less than…
Economy grew 4.4% y-o-y in the first quarter of 2022 despite global headwinds
Egypt’s economy grew 4.4% y-o-y in 1Q FY 2022-2023, according to preliminary data from the Planning Ministry. GDP growth in…
Crypto winter hasn’t spilled over into the traditional financial sector + Mini robots to administer drugs and treat disease?
Why the collapse of crypto hasn’t really tainted the world’s economy: Crypto, which was once valued at around USD 3…
MENA-focused VC Modus Capital plans to invest here and across Africa
The case for venture builders in Egypt and VCs in Africa, per Modus Capital: In the past two weeks, we’ve…
Is a regulatory crackdown on Big Crypto on its way?
The regulators are coming for crypto ‘conglomerates’ in the wake of the FTX crash: A fire has been lit under…
Egyptian National Railways lands funding from EIB, AFD
We’re getting EUR 316 mn from European development partners for railway upgrades: The European Investment Bank and the French Development…
Is the Qatari sovereign fund closing in on a 20% stake in Vodafone Egypt?
Are talks between TE and Qatar’s sovereign fund over Vodafone Egypt hotting up? The Qatar Investment Authority’s (QIA) talks with…
Manchester United could get new ownership + No end in sight to China’s zero-covid crackdown
Man U could be up for sale: The Glazer family, which owns Manchester United, are mulling selling the club, its…
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