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Also on our radar on 13 July 2021
Other things we’re keeping an eye on this morning: Abu Dhabi Islamic Bank Egypt will set up a company to…
Eight Egyptian startups raise USD 52 mn in June
Egyptian startups were the second highest recipients of funding in MENA in June, with eight businesses raising USD 52 mn,…
THIS MORNING: Tenth of Ramadan dry port tender launches today; Facebook defeats antitrust lawsuits; Ethiopia announces Tigray ceasefire.
Good morning, friends, and welcome to the next-to-last workday of the week. We hope you’re looking forward to the long…
Trella closes USD 42 mn series A round co-led by Maersk VC arm
Egyptian digital trucking platform Trella closed a USD 42 mn series A round co-led by Maersk Growth, the venture capital…
Tenth of Ramadan dry dock and logistics hub greenlit by cabinet
Proposed Tenth of Ramadan PPP project gets final cabinet approval: A public-private partnership model under which the government will move…
Juhayna issues earnings release based on unaudited financials
EARNINGS WATCH- Juhayna’s (JUFO) net income rose 50% y-o-y to EGP 57 mn in 4Q2020, up from EGP 38 mn…
Nine PPP infrastructure projects get early approval
Nine proposed PPP infrastructure projects have been given preliminary approval by the cabinet, spokesperson Nader Saad said in a statement…
A solution to the Ever Given spat could be found within a week
An imminent breakthrough in Ever Given talks? A breakthrough in settlement talks between the Suez Canal Authority (SCA) and the…
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