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Edita’s Molto Sandwich gets a rebrand with three new flavors + EFG Hermes’ valU launches new algo-based risk management tool
Edita’s Molto Sandwich is now Molto Fino, with new flavors: Edita Food Industries is introducing three new flavors as part…
NERIC eyes production of electric locomotives by end of 2022
NERIC to begin electric locomotive production by year-end: The National Egyptian Railway Industries Company (NERIC) will begin manufacturing electric locomotives…
Mystery Egyptian investor looks to acquire Nesma Airlines
An “Egyptian investor” is looking to acquire 100% of Saudi airline Nesma within weeks, CEO Ashraf Lamloum told Enterprise, confirming…
Etisalat, Honeywell enhance cooperation on Internet of Things provision
Etisalat and Honeywell sign fresh IoT agreement: Our friends at Etisalat Misr have signed anMoU with US tech giant Honeywell…
Egypt in the News: Overpopulation + European demands for action on our human rights record
When more is not merrier: Our growing population poses challenges to development efforts, Bloomberg writes. With a birth rate of…
Swvl receives funding boost ahead of Nasdaq SPAC merger + Anghami starts trading
The EBRD is backing Swvl ahead of Nasdaq debut: Egypt-born, UAE-based mass transit app Swvl has new investors on board…
THIS MORNING: Macro’s retail offering 6.5x oversubscribed + the AFCON final, finally
Good morning, wonderful people, and welcome to another big news day. Setting the tone this morning: The Central Bank of…
AFC wants to invest USD 250 mn in monorail, high-speed rail projects
Multilateral lender Africa Finance Corporation (AFC) is looking to partially bankroll our monorail and high-speed train projects with a USD…
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