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Emaar Misr signs EGP 14 bn in construction contracts for Marassi Red Sea
Plus: Banque Misr moves to shut down sukuk subsidiary after no revenue, tighter CBE guardrails
Synapse Analytics raises USD 13 mn in a Partech-led Series A funding round
Proceeds from the Series A will go toward hiring and expansion in Africa, Latin America, and the GCC
BME signs contract with China’s CATL for EGP 2 bn battery systems plant
The facility will start with commercial-vehicle batteries before expanding into passenger cars and renewable-energy storage with 40% local content
Qalaa Holdings will more than double its stake in subsidiary Egyptian Refining Company
Good morning, everyone. Digitizing, standardizing, and localizing are all on deck in today’s issue. Overland freight is moving toward digitization.…
Anthropic CEO Dario Amodei warns of impending AI doom
Good afternoon, friends, and welcome back. Are you burnt out, or just having a rough couple of weeks? Today’s issue…
EAEF continues Fawry exit as its congressional mandate nears its end
PLUS: The gov’t is planning to launch an industrial investment fund with CI Capital within two weeks
Beltone Venture Capital is closing three deals and readying an EGP-denominated startup fund for early 2027
Beltone VC CEO tells us the VC arm is closing around USD 1 mn in three local investments, prepping a…
Breaking down everything Apple just revealed at their flagship event
Apple had considerably more than one trick up its sleeve at the first launch event under John Ternus’s reign
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