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The Suez Canal is preparing for another trade slowdown
More breaks at the Suez Canal: Liquified petroleum gas shippers will continue to pay lower Suez Canal transit fees until…
SFE eyes Sixth of October dry port
The Sixth of October dry port has piqued the interest of the Sovereign Fund of Egypt (SFE), which could partner…
What we’re tracking on 21 December 2020
Welcome to the shortest day of the year here in the northern hemisphere, ladies and gentlemen. It’s also the first…
Tons and tons of M&A news
Greek energy company Energean has completed the acquisition of Edison’s energy portfolio, which includes substantial oil and gas assets in…
Egypt ranks third in November startup funding league table -Wamda
Egyptian startups raised USD 6.6 mn in venture capital funding last month, putting them in third place in MENA behind…
Also on our radar on 6 December 2020
Still more metro + railway news: Bombardier is set to begin manufacturing in 1Q2021 the railcars for the two planned…
Trella takes another step in its plan to become a leading regional trucking app
Egyptian digital trucking marketplace Trella has launched in Pakistan, a little less than a year after expanding into Saudi Arabia,…
Trucking logistics startup Illa raises USD six-figure seed round
STARTUP WATCH- Cairo-based FMCG trucking startup Illa has raised a USD six-figure investment in a seed funding round from Averroes…
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