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Algebra Ventures leads USD 1.5 mn funding round for Jordan’s POSRocket
INVESTMENT WATCH- Algebra Ventures leads USD 1.5 mn funding round for Jordan’s POSRocket: Egypt’s Algebra Ventures led a USD 1.5…
Speed Round
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Alex Container and Cargo Handling to offer additional stake on EGX in 4Q2018
IPO WATCH- State-run Alexandria Container and Cargo Handling Company (ACCH) will list additional shares on the EGX in 4Q2018, an…
Lincom Investments planning IPO on the EGX this year or early 2019
EXCLUSIVE- Lincom Investments planning IPO on the EGX this year or early 2019: Red Sea-focused real estate investment firm Lincom…
CIRA general assembly approves listing 35% of shares
EXCLUSIVE- CIRA general assembly approves listing 35% of shares: The general assembly of education outfit Cairo Investment and Real Estate…
Careem is planning to spend USD 150 mn to launch CareemFood
Also from the ride-hailing space, Careem is planning to spend USD 150 mn to launch CareemFood: Careem is in talks…
FinMin takes next step in taxing e-commerce, social media ad buys
EXCLUSIVE- FinMin takes next step in taxing online ad buys and e-commerce transactions: A Finance Ministry committee is looking into…
French investigators say fire caused 2016 EgyptAir crash
EgyptAir MS804 flight crash caused by cockpit fire, say French investigators: The EgyptAir flight MS804, which crashed in 2016 on…
Shafik Gabr involvement in US probe into Volkswagen emissions testing imbroglio
Shafik Gabr says he has nothing to do with a US probe into Volkswagen emissions testing imbroglio: Artoc Auto Shafik…
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