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Fawry sees 400% y–o-y boom in online payments in 2021
Fawry saw transaction values surge last year: The e-payments giant processed EGP 6 bn worth of cashless POS transactions through…
Brimore secures USD 25 mn in series A funding
Social commerce startup Brimore has raised USD 25 mn in series A funding, the company announced in a statement (pdf)…
Fossil fuel giants are continuing their polluting streak with plastic production + Chipmakers could have a booming decade if all goes well
How are fossil fuel giants going to cope with the switch to green energy? Flooding emerging economies with plastic: The…
THIS EVENING: Egypt joins JPMorgan bond index + Egypt ups 2021-2022 growth forecast to 6% + ALSO: Qatar could play superhero to Europe’s energy crisis
Welcome to a surprisingly busy Monday afternoon as we wind down the last day of this first month of the…
Splendapp raises six-figure pre-seed round from Saudi angel investors
Egypt-based app-maker Splendapp has raised an undisclosed six-figure pre-seed round from a group of Saudi angel investors, Magnitt reported last…
State privatization program to resume in March -Maait
Privatization program to resume in March -Maait: We can expect more state-owned companies to offer shares on the EGX in…
Warren Buffett is having a better start to 2022 than other b’naires + Meta’s crypto plans aren’t faring very well + Joe Rogan creates another headache for Spotify
It’s already been a rough start to 2022 for the world’s wealthiest — except the Oracle of Omaha: The sell-off…
Why Egypt (and MEA) could be fertile ground for super apps
Why the Middle East and Africa in general — and Egypt in specific — could be fertile ground for super…
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