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NBE, Ikarus to invest USD 150 mn in petrochemicals
Kuwaiti energy investor Ikarus Petroleum Industries will invest around USD 150 mn in the Egyptian petchem sector alongside the National…
Fintech startup Dopay raises USD 18 mn in series A round
Egypt-based fintech startup Dopay has secured USD 18 mn in funding in a series A round led by UK VC…
Lighthouse Education weeks away from EGP 500 mn first close
Education investment fund Lighthouse Education is only weeks away from its first close of EGP 500 mn, Lighthouse Managing Director…
Banque Misr gets gold bug
Banque Misr is aiming to launch what it is positioning as the country’s first gold investment fund, Akef El Maghraby,…
OIH sees net losses of EGP 35.5 mn in 2Q2021
EARNINGS WATCH- Orascom Investment Holding (OIH) incurred net losses of EGP 35.5 mn in 2Q2021, compared to losses of EGP…
TONIGHT: EGX seems to be interested in SPACs too + Fawry to launch a consumer finance company ALSO: Read this satire on startup culture
Good afternoon, ladies and gentlemen, to an uncharacteristically slow September news day that was pierced by new capital markets regulations.…
Wall Street is turning bearish on stocks + economists forecast early Fed rate hike
Have US equities peaked? Some analysts are beginning to think so, after US stocks last week saw their worst performance…
ENTERPRISE POLL- CBE to keep rates on hold in September meeting
ENTERPRISE POLL- The Central Bank of Egypt will likely leave interest rates unchanged at its meeting this Thursday as it…
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