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Dubai becomes a top-five IPO destination as DEWA shares soar on debut
DEWA shares surge on debut: The Dubai Electricity and Water Authority’s (DEWA) shares jumped as much as 23% on their…
Telecom Egypt to hand out dividends this month + QNB AlAhli reports 12% y-o-y rise in bottomline
MARKET NEWS- QNB Alahli’s bottom line increased 12% y-o-y in 1Q2022 to EGP 2.21 bn, according to the bank’s earnings…
Nigeria-based fintech OPay moves forward with pre-paid cards and more in Egypt
OPay is expanding in Egypt: Nigeria-based fintech player OPay is preparing to expand its footprint in Egypt, launching pre-paid cards…
TE partners with Amsterdam firm to launch internet exchange point
Egypt’s first open-access internet exchange point is live: An internet exchange built by Telecom Egypt and the Amsterdam Internet Exchange…
B Investments exits Giza Systems to STC subsidiary
B Investments is selling its entire 44.7% stake in engineering subsidiary GizaSystems to Saudi Telecom’s internet subsidiary, the Egyptian private…
TE’s Osman gets third term after rule change, EFG Hermes appoints COO at Vortex Energy
Magued Osman has been reappointed as chairman of Telecom Egypt for a third term, according to an EGX disclosure (pdf)…
My Morning Routine: Marwa Abbas, general manager and technology leader, IBM Egypt
Marwa Abbas, general manager and technology leader, IBM Egypt: Each week, My Morning Routine looks at how a successful member…
EIB lends EUR 150 mn to Telecom Egypt for 4G upgrades
EIB supports 4G expansion with EUR 150 mn loan to TE: Telecom Egypt (TE) has secured a EUR 150 mn…
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