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Infrastructure 
Transmashholding to provide tech support + spare parts for its railcar deliveries
Russia’s Transmashholding will provide technical support and spare parts for the 1.3k rail cars it is delivering to Egypt under…
State institutions ❤️ Planet Startup
Egypt’s biggest state-owned banks are planning to launch a new fund to invest in fintech startups before the end of…
Raseedi raises USD 850k pre-series A investment + Bexel closes USD six-figure round
Fintech startup Raseedi raised USD 850k in pre-series A funding from Africa-focused Japanese VC firm Samurai Incubate, an undisclosed European…
Spain offers EUR 400 mn to finance joint projects
The Spanish government could provide EUR 400 mn in credit facilities for “joint projects” in Egypt, under an agreement signed…
Abu Qir to sell 10-15% secondary stake on EGX this month
Abu Qir Fertilizers will sell an additional 10-15% of the company in a secondary offering on the EGX later this…
Enterprise Explains: Conglomerate breakups
Corporate break-ups are in vogue these days. Here’s why: Over the course of less than two weeks in November, General…
Will the Great IPO Rush of 2021 spill over into next year?
The record IPO rush could soon dwindle down: After 2021 panned out as the biggest year for IPOs on record,…
CIB + NBE take further steps for financial inclusion
CIB will allow clients to open bank accounts without proof of income under a new type of account dubbed Bedaya…
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