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SPACs get their day in court
SPACs are under legal attack: SPACs are facing several class-action lawsuits in federal courts, the Wall Street Journal reports. There…
FDI flows into outsourcing
ITIDA and Majid Al Futtaim (MAF) Group’s tech unit will jointly build a tech outsourcing service center: MAF Global Solutions…
How different companies approach their employees’ vaccination
No carrots, no sticks: How Egyptian companies are approaching covid vaccination. Egyptian companies have so far shied away from mandating…
TONIGHT: Global stocks are in the toilet + the Ever Given is steaming toward the Suez Canal
Well, folks, that’s workweek #33 of 2021 in the books for those of us here in Egypt and elsewhere in…
I-Score gets new managing director + Administrative Prosecution Authority gets new head
I-Score has appointed Tarek Elmahmoudy (LinkedIn) as the managing director, effective as of last July, Youm7 reports. Elmahmoudy has 40…
Telecom authority adopts framework to regulate data centers, cloud computing
Egypt’s National Telecom Regulatory Authority (NTRA) has adopted a regulatory framework for data centers and cloud computing, according to a…
Banque Misr to issue Meeza cards for Tanmeyah
A few things we’re keeping an eye on this morning: Banque Misr will issue prepaid Meeza cards for Tanmeyah Micro…
Number of telecom-backed mobile wallet transactions up 175% in 1Q2021
The number of telecom-backed mobile wallets in Egypt jumped 16% y-o-y to reach 16.3 mn in the first half of…
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