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Egypt dominates African Games, winning record-breaking 273 medals
Egypt dominates African Games, landing record-breaking 273 medals: Egypt earned a record-breaking 229 medals at this year’s African Games, bringing…
TA Telecom spins off fintech startup NowPay after it secures USD 600k seed funding
STARTUP WATCH- TA Telecom has spun off Egyptian fintech startup NowPay after it raised USD 600k in seed funding from…
Swvl to move headquarters from Egypt to Dubai by November 2019
STARTUP WATCH- Swvl is moving its headquarters out of Egypt: Mass transport app Swvl will move its headquarters from Egypt…
Money supply increases in July
Money supply growth accelerates in July: M2 money supply grew by 12.1% y-o-y in July, compared to a y-o-y 11.85%…
T-bill yields fall in first post-rate cut auction
T-bill yields fall in first post-rate cut auction: Average yields on 6-month and 1-year government T-bills fell to 16.521% and…
Egypt signs dispute settlement agreement on El Nasr for Steam Boilers with Al Kholoud
DISPUTE WATCH- Gov’t signs dispute settlement agreement with Al Kholoud on El Nasr for Steam Boilers: The government has signed…
Majid Al Futtaim plans expansion in Egypt
INVESTMENT WATCH- Majid Al Futtaim plans expansions in Egypt: UAE-based real estate developer and retail giant Majid Al Futtaim (MAF)…
Japan, African Union sign investment declaration at Ticad
Japan, African Union sign investment declaration at Ticad: Egypt signed a 13-page declaration with Japan and other African countries to…
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