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Bosta secured EGP 40 mn in series A round -sources
STARTUP WATCH- Bosta secured EGP 40 mn in series A round -sources: Cairo-based courier startup Bosta raised more than EGP…
Fawry transfers 64% of its main shareholder stake to indirect shareholders
Fawry transfers majority shareholder stake to indirect shareholders: Egyptian e-payment company Fawry has transferred the ownership of the 63.99% stake…
What we’re tracking on 19 February 2020
Tomorrow is interest rate day: Our poll earlier this week showed a definite lack of consensus among analysts about whether…
Egypt’s Swvl executive director Eraqi steps down
MOVES- Ahmed Eraqi (LinkedIn) stepped down last week from his role as the executive manager of Swvl, reports Al Mal.…
Audi walks away from NBG bid, receives acquisition bids for online brokerage arm
M&A WATCH- Bank Audi walks away from NBG assets acquisition amid expected sale to FAB: Bank Audi is no longer…
Big tech has entered the oil business
Big tech has entered the oil business: Google, Microsoft, and Amazon are keen to market themselves as leaders in energy-saving…
Bosta completes seven-figure USD series A funding round
STARTUP WATCH- Egyptian courier startup Bosta has raised seven figures in its series A funding round from European delivery giant…
Egyptians account for the largest share of MENA pre-seed startup founders
A quarter of the founders of pre-seed startups operating in the MENA region are Egyptian — meaning that we eclipse…
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