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Breadfast raises seven-figure series A funding, joins Y Combinator accelerator program
STARTUP WATCH- Breadfast raises seven-figure series A funding, joins Y Combinator accelerator program: Cairo-based bakery startup Breadfast has raised a…
Elmenus raises undisclosed Series B investment from Foodora co-founder
Cairo-based food delivery startup Elmenus has received funding from Foodora co-founder and ex-VP of Delivery Hero Julian Dames, the company…
Gov’t talks railways, renewable energy with Siemens on second day of ministerial visit to Berlin
Gov’t talks railways, renewable energy with Siemens during ministers’ second day in Berlin: Siemens looks like it will be doing…
Egypt’s CIRA to acquire 60% of the UAE’s Starlight Education
M&A WATCH- CIRA to acquire 60% of the UAE’s Starlight Education: Leading private-sector education provider Cairo for Real Estate and…
Marsa Alam’s new Berenice International Airport to open in the summer
The new Berenice International Airport in Marsa Alam is set to open this summer, according to the Egypt Independent. The…
Egypt’s Agawany for Industrial Machines planning metal moulding machine factory
Agawany Group’s El Agawany for Industrial Machines is planning to set up a factory to manufacture metal moulding machinery at…
What we’re tracking on 25 June 2019
The Trump administration’s long-awaited Palestinian economic development workshop kicks-off today in Manama, Bahrain and will surely dominate regional headlines toady…
CBE to cut rates by another 400 bps by end of 2020 -HC Securities
CBE to cut rates by another 400 bps by end of 2020 -HC Securities: The Central Bank of Egypt will…
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