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ACUD’s possible IPO is getting foreign press attention
On another quiet morning in the foreign press: Bloomberg spoke to Administrative Capital for Urban Development’s (ACUD) head Ahmed Zaki…
More startup news than you can shake a stick at
Transport startup Schoolz has closed a six-figure USD pre-seed round from angel investors in Egypt and Saudi Arabia, the company…
Swvl, New Capital company eye debuts on EGX
Swvl could debut on EGX in 2022-2023: Mass transportation startup Swvl is considering an initial public offering on the Egyptian…
Zain to invest USD 10 mn in Swvl listing
Kuwaiti telecoms provider Zain will invest USD 10 mn in Swvl’s newly announced merger with US-based SPAC Queen’s Gambit, ahead…
EM stocks give up 2021 gains on China fears
EM stocks give up 2021 gains on China fears: The MSCI Emerging Markets Index fell 2.4% on Monday, erasing 2021…
Swvl to go public through merger with US SPAC
Mass transportation startup Swvl could soon go public through a merger with US SPAC Queen’s Gambit Growth Capital, the Wall…
TONIGHT: UAE’s Al Dar has 30 days for SODIC MTO. + Check out Egypt’s performance so far in Tokyo Olympics.
Corporate Egypt is easing back into the workweek after a long Eid vacation — and the summer news slowdown seems…
Egypt’s first football listing worth EGP 200 mn?
Ghazl El Mahalla FC is looking to make an EGP 200 mn EGX debut, Prime Holding CEO Mohamed Maher tells…
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