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ElTawkeel launches fully integrated digital auto sales platform
Plus: Modon Holding is partnering with the ultra-luxury hospitality brand Montage to launch Montage Ras El Hekma
Valu sees net income surge 78% as it enters Jordan
Also: Raya Holding saw its net income rise 3.7% y-o-y to EGP 384 mn in 1Q 2026
Valu gets FRA nod to enter SME lending
Plus: FRA greenlights three non-banking financial activity licenses, including the country’s first third-party healthcare administrator
Valu clears secondary sale to institutional investors
The sale pencils out to EGP 603 mn, valuing the homegrown BNPL at roughly EGP 24.1 bn, by our math
Converted acquires Egyptian fashion platform Mitcha
“For me, the decision was about finding the right partner to scale what we built with Mitcha,” Mitcha Founder Hilda…
Banknbox and ASD Smart aim to bridge Sudan’s isolated banking apps by 2026
Plus: Schneider Electric, Zerotech, and AOI to assemble data center units locally, Breadfast raises USD 50 mn in funding round
Valu gets regulatory green light to start operations in Jordan
Former Jordanian Investment Minister Mothanna Gharaibeh will serve as chairman of Valu Jordan
Maersk returns to the Red Sea, EFG Hermes advises on Kuwait IPO, and EBRD gives Alexbank green financing
Maersk vessels are slowly making their way back to Red Sea waters Shipping giant Maersk’s Sebarok ship passed through the…
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