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Suez Canal extension trial run opens the door for up to eight additional vessels per day. PLUS: Aman + Jarir Bookstore + Al Manea, Eni, Telecom Egypt
The extension increases the length of the canal’s two-way section to 82 km — up from 72 km
Beltone eyes majority stake in African financial services provider Boabab through put option agreement
The acquisition is set to drive Beltone’s regional growth strategy through expansions in Africa
Flend secures Egypt’s first digital NBFI license for SME finance
Flend offers tech enabled, data driven financing solutions to SMEs in Egypt
Catalyst Partners’ SPAC looks to acquire Qardy through share swap
Qardy is Egypt's first online lending marketplace connecting financial institutions with MSMEs
Oliv receives Egypt’s first digital factoring license
Oliv will extend invoice-financing to SMEs in under 48 hours
Entrepreneurship Ministerial Committee to release its start-up charter to support the sector in 1Q 2025. PLUS: UVAII Venture Studio, Electra + Elsewedy Electric, AT Lease, Kima, StrategizeIT, Air Arabia, G-Tec Education
The government wants to increase startup investments tenfold to USD 5 bn
Local ins. startup Amenli secures USD 2.3 mn in funding
The company will use the new funds to expand its technological infrastructure
GlobalCorp to increase issued and paid-in capital to fuel service portfolio expansion
The firm will raise its issued capital to EGP 1.5 bn and its paid-in capital to EGP 1.4 bn by…
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