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Sale of EgyTrans subsidiary could up its valuation
Paradigm Logistics has offered to sell its 72% stake in shipping subsidiary Ostool to EgyTrans through a share swap transaction,…
Sawari Ventures to make new North Africa investments this year
Cairo-based venture capital firm Sawari Ventures plans to make new investments in Tunisia or Morocco this year, a source at…
TONIGHT: Eid El Fitr reading list + bracing for a global share selloff led by tech stocks
Well, friends, we made it through this wonderfully short workweek together. Kol sanna w entom tayebeen to all of you…
Flextock seals record pre-seed funding
An Egyptian logistics player just set a regional record for pre-seed funding: Logistics startup Flextock has closed a USD 3.25…
Meet our analyst of the week: Arqaam Capital’s Nour Eldin Sherif
OUR ANALYST OF THE WEEK- Nour Eldin Sherif, associate director at Arqaam Capital (Linkedin). My name is Nour Eldin Sherif…
Potential compromise to end Ever Given dispute?
The Suez Canal Authority seems to be signalling it wants to strike an agreement to set the Ever Given free.…
The market on 18 April 2021
The EGX30 rose 2.1% at today’s close on turnover of EGP 460 mn (65.9% below the 90-day average). Local investors…
Innoventures in talks with potential LP from the GCC, iMile launches in Egypt
https://enterprise.press/wp-content/uploads/2021/01/payment-780px.jpg VC firm Innoventures is in talks with a potential limited partner based in the GCC for its EGP 200…
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