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Fintech startup Liwwa raises USD 6 mn in equity investment
STARTUP WATCH- Amman-based Liwwa has raised USD 6 mn in equity investment, which it will use to fuel growth in…
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Mobile-based loan app Kashat launches, offering users up to EGP 1,500
STARTUP WATCH- Egypt’s first nano-financing loan provider, Pharos-backed Kashat, has officially launched, Menabytes reports. The app, which is a joint…
Final agreement on GERD within reach?
GERD talks in the final stretch? Egypt, Ethiopia, and Sudan agreed last week to mandate the US Treasury Department and…
Central Bank of Egypt shuffles its committees
The Central Bank of Egypt (CBE) has shuffled its audit, management, and capital markets and banking reform committees. Financial Regulatory…
EGX enables ETF market makers to place orders without a minimum amount
REGULATION WATCH- Bourse enables ETF market makers to place orders without a minimum amount: The EGX has scrapped regulatory requirements…
Exporters owed less than EGP 5 mn to receive overdue subsidies without delay- Egypt’s trade minister
Exporters owed less than EGP 5 mn in overdue subsidies will receive their full arrears without delay, Trade Minister Nevine…
Egypt inks its first WestMed oil, gas exploration agreements as EGYPS wraps up
Egypt inks its first WestMed oil, gas exploration agreements: The Oil Ministry signed yesterday MoUs with five international oil companies…
Egypt officially became a net exporter of LNG last year, bringing our gas hub ambitions ever closer
Egypt officially became a net exporter of LNG last year, bringing our gas hub ambitions ever closer: Egypt’s imports of…
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