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TONIGHT: Eid El Fitr reading list + bracing for a global share selloff led by tech stocks
Well, friends, we made it through this wonderfully short workweek together. Kol sanna w entom tayebeen to all of you…
Flextock seals record pre-seed funding
An Egyptian logistics player just set a regional record for pre-seed funding: Logistics startup Flextock has closed a USD 3.25…
Meet our analyst of the week: Arqaam Capital’s Nour Eldin Sherif
OUR ANALYST OF THE WEEK- Nour Eldin Sherif, associate director at Arqaam Capital (Linkedin). My name is Nour Eldin Sherif…
Potential compromise to end Ever Given dispute?
The Suez Canal Authority seems to be signalling it wants to strike an agreement to set the Ever Given free.…
Raya exits transport subsidiary Ostool
Raya offloads stake in transport arm: Raya Holding has signed an agreement to sell its 62.3% stake in shipping subsidiary…
The market on 18 April 2021
The EGX30 rose 2.1% at today’s close on turnover of EGP 460 mn (65.9% below the 90-day average). Local investors…
Innoventures in talks with potential LP from the GCC, iMile launches in Egypt
https://enterprise.press/wp-content/uploads/2021/01/payment-780px.jpg VC firm Innoventures is in talks with a potential limited partner based in the GCC for its EGP 200…
OK, time for Plan B?
Thousands of containers on board the Ever Given could be offloaded and delivered through other ships as Evergreen Marine, which…
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