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Delivery Hero to rebrand Otlob as Talabat
STARTUP WATCH- The Egyptian nationalist inside us is *REALLY* unimpressed: Food delivery service formerly known as Otlob will soon become…
Gastec to establish 23 new natural gas filling stations
Gastec plans to open 23 new natural gas filling stations and five integrated natgas and gasoline stations this year as…
Acquisition talks between OIH, Qatari Diar for City Gate project end without agreement
M&A WATCH- Talks that could have seen Naguib Sawiris acquire City Gate from developer Qatari Diar have collapsed after the…
BariQ to issue EUR 40 mn green bonds by early 2021
Raya’s BariQ is looking to take a EUR 40 mn green bond to market by early 2021 to finance the…
Non-oil business activity hits 12-month high in July
Non-oil business activity hits 12-month high in July: Activity in Egypt’s non-oil private sector contracted at its slowest rate in…
Earnings Watch: Centamin Mining, Ezz Steel, Juhayna, Amer Group, MNHD, ERC
EARNINGS WATCH- Centamin Mining pre-tax profits surge on rising gold prices, higher production: Centamin Mining’s pre-tax profits soared by 221%…
Careem taps Haitham Essam to lead its Egypt business; Naeema Al Gasseer tapped as WHO’s Egypt representative
MOVES- Careem has tapped Haitham Essam (LinkedIn) as the general manager of its Egypt business, the MENA-focused ride-hailing company said…
E-commerce startup Dresscode secures six-figure USD seed funding round from Egypt Ventures
STARTUP WATCH- Egyptian e-commerce startup Dresscode has secured an undisclosed six-figure USD seed funding round from Egypt Ventures, according to…
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