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Contact + Nawy sign EGP 1 bn financing agreement + Med wealth funds launch a colab
Contact + Nawy sign EGP 1 bn financing agreement: Contact Financial’s real estate finance subsidiary will lend EGP 1 bn…
Mental health startup O7 Therapy raises USD 2.1 mn seed round + Flat6 launches new Saudi fund
Egyptian online mental health startup O7 Therapy has raised a USD 2.1 mn seed round in what the startup says…
e-Finance + TMG approve dividend payouts
e-Finance will pay shareholders dividends of EGP 0.10 per share for FY2021, according to a decision by the ordinary general…
EV startups attracted plenty of investor interest — but need to actually start manufacturing
EV startups need to prove they were worth the risk — and actually manufacturing vehicles is probably a good starting…
Fintech app Khazna raises USD 38 mn in series A funding
Local fintech startup Khazna has raised USD 38 mn in equity and debt in a series A funding round, according…
Swvl rises on Nasdaq debut, eyes dual listing on the EGX
Swvl shares rise on Nasdaq debut: Shares in Cairo-born mass transit app Swvl rose on their Nasdaq debut on Friday…
The most distant star seen through Hubble + Volcano bonds for crypto enthusiasts in El Salvador
Astronomers have spotted what is believed to be the most distant star ever seen through the Hubble space telescope, according…
THIS EVENING: Fawry confirms NBE’s 6% stake purchase + IFC snaps up 5% of IDH. Plus: Swvl hits the Nasdaq
Good afternoon, ladies and gentlemen — it’s finally the weekend, and while Thursdays are always cause for celebration, we can’t…
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