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E-finance’s net income up 84% in 4Q2021
E-finance’s net income jumped 84% y-o-y in 4Q 2021 to EGP 139.3 mn, according to the company’s earningsrelease (pdf). Revenues…
Shatablee receives USD 1.2 mn investment
Interior design startup Shatablee has received a USD 1.2 mn investment, the company announced in a press release, without disclosing…
Rising metal prices puts further pressure on automotive sector + Where does Islam stand on the world of crypto?
Automakers just can’t catch a break: The Russia-Ukraine war is pushing up prices ofmetals — including aluminum, palladium, and nickel…
Agthia still has its eye on Egypt acquisitions
UAE’s Agthia eyes more Egyptian acquisitions following more than sixfold growth in net income: Emirati state-owned investment firm ADQ Holding’s…
Breadfast appoints new CFO
Breadfast has appointed Eugene Hooi (LinkedIn) as its first chief financial officer, according to a company statement (pdf). Hooi joins…
THIS MORNING: Nato chief issues warning to Russia; A good night for iSheep; Market volatility continues
Hello, everyone, and welcome to a brisk Wednesday in which domestic business news takes second seat to the latest from…
Meet our founder of the week: Homzmart’s Mahmoud Ibrahim
OUR FOUNDER OF THE WEEK- Mahmoud Ibrahim, co-founder and CEO of Homzmart (LinkedIn). My name is Mahmoud Ibrahim, and I’m…
Upcoming SPAC listings are on life support
Hedge funds are cashing in as “desperate” SPACs hemorrhage investments: Special purpose acquisition companies are having to turn to hedge…
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