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TMG posts 21% jump in net income in 2Q
Plus: Orascom Development Egypt, E-finance, and El Sewedy Electric earnings
Gov’t weighs 5% tariff on imported EVs to protect local assembly
Plus: Senate studies a bill to temporarily lift customs duties, VAT, and administrative fees on imported solar inputs for three…
E-finance to acquire Tamweely for as much as EGP 5 bn
The fintech player will fund most of the transaction via a share swap of 4% of its equity
Trump left Nato summit in catering truck + Bashar Al Assad sentenced to death in absentia
Good afternoon, friends, and happy hump day. It’s a particularly hot day in Cairo, and we’ve got a brisk, cool…
Valu’s net income rose 43% in 1H 2026, but quarterly growth slowed sharply in 2Q
Plus: ALCN’s net income rose 18% y-o-y to EGP 3.8 bn in 1H 2026 on higher container volumes
One Egyptian founder and AI enthusiast is out to fix the broken visa process plaguing “residents of the Global South”
Veeza AI allows you to upload your passport, tell the platform where you’re going, and have an AI agent handle…
How Balad connects global remittances to home
The Cairo-based fintech provides the infrastructure connecting international remittance companies with Egypt’s payment system
Meet our Founder of the Month: Biddex’s Amr Allam
Biddex is an end-to-end online car marketplace — letting buyers browse, get financing approved, and buy a car without setting…
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