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The gov’t is making it harder for you to get that replacement engine for your tuk-tuk
Tuk-tuks be gone: Trade Minister Nevine Gamea has issued a decision to stop importing the basic components needed for the…
OTO Courses nets investment worth USD 400k from EdVentures
OTO secures USD 400k to expand its edtech platform: Egyptian edtech platform OTO Courses has secured an investment worth USD…
Abu Dhabi Ports could invest USD 500 mn in Egypt
Abu Dhabi Ports (ADP) plans to invest USD 500 mn in Egypt, should it be successful in winning the contracts…
Benya eyes African tech startups with new USD 50 mn VC fund
IT infrastructure contractor Benya Capital is launching a USD 50 mn venture capital fund, dubbed Benya Ventures, as part of…
Swvl to invest USD 25 mn in engineering, marketing
Homegrown mass transport startup Swvl plans to invest USD 25 mn over the next year, part of which will go…
Ibnsina’s investment arm to pour EGP 440 mn into logistics firm
EGX-listed Ibnsina Pharma’s investment arm AIM is investing EGP 440 mn to establish a logistics service provider, Ramp Logistics, according…
Gov’t really wants us to cut down on imports
Import substitution is back on the Cabinet’s priority list: The government is setting up a new committee on import substitution…
Egypt is up for a slice of BlackRock’s new climate-focused EM infrastructure fund
Egypt is among the “attractive” emerging markets in which BlackRock could be investing through its new USD 673 mn climate-focused…
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