FeaturedReal EstateEgyptian proptech Sakneen raises $1.1 mn seed fundingPritam BordoloiFebruary 10, 2021 by Pritam BordoloiFebruary 10, 2021 The startup will use the funds to expand its team and add new products and services to its platform... Read more
FeaturedHealthcareEgyptian healthtech DilenyTech raises $160,000 non-equity grantWebAdminFebruary 4, 2021 by WebAdminFebruary 4, 2021 The startup will use the funds to expand its AI-enabled platform... Read more
UncategorizedUK-based Energean to invests $235 mn in offshore concessions in EgyptPritam BordoloiJanuary 25, 2021 by Pritam BordoloiJanuary 25, 2021 Energean will develop the North Amriya and North Idku concessions in offshore Egypt... Read more
EconomyMagazineWhat South Korea‘s plan in Egypt really signalsWebAdminJanuary 25, 2021January 29, 2021 by WebAdminJanuary 25, 2021January 29, 2021 South Korean investments are soaring, perhaps because of the Egyptian strength to emerge as an economically important country in this decade... Read more
FeaturedHealthcareEgyptian healthtech VRapeutic joins Canadian accelerator programmePritam BordoloiJanuary 22, 2021 by Pritam BordoloiJanuary 22, 2021 The startup plans to expand in the Canadian market through their participation in the programme... Read more
BankingFeaturedEmirates NBD Egypt is leading in trade finance and cash managementWebAdminNovember 9, 2020 by WebAdminNovember 9, 2020 The bank seeks to become a major player in financing new projects and development initiatives... Read more
EconomyFeaturedEgypt, US to extend economic cooperation through 2021-25International Finance Business DeskNovember 5, 2020November 5, 2020 by International Finance Business DeskNovember 5, 2020November 5, 2020 The ongoing cooperation is worth $1 billion across, reflecting Egypt’s commitment to economic development... Read more
Business LeadersFeaturedCIB slumps as chairman steps down under central bank ordersInternational Finance Business DeskOctober 28, 2020 by International Finance Business DeskOctober 28, 2020 Former chairman Hisham Ezz al-Arab was urged to step down from his position over governance concerns... Read more
AviationFeaturedEgypt civil aviation’s funding portfolio stands at $225.7 mnInternational Finance Business DeskOctober 19, 2020October 19, 2020 by International Finance Business DeskOctober 19, 2020October 19, 2020 The Ministry of International Cooperation firmly believes that the aviation industry is partly responsible for the national development... Read more
CurrencyFeaturedBlockstream CEO expects bitcoin to hit $1 tn mark by 2022Pritam BordoloiOctober 6, 2020 by Pritam BordoloiOctober 6, 2020 For this to come true, the market will need to witness an increase of around 400% in the next two years... Read more