Tag: funding

EMF seeks to increase customers to 10 million at total funding of EGP 30bn within four years: chairperson

The EMF includes eight banks, three companies, 752 institutions, and a civil…

Hossam Mounir Hossam Mounir

Startups in the Middle East: a fun(ding) adventure

The Middle East is a region of great opportunity. We have a…

Mudassir Sheikha Mudassir Sheikha

Shoukry calls for investigations in funding of terrorist organisations

The parliament will furthermore work on a law to establish a supreme…

Sarah El-Sheikh Sarah El-Sheikh

Careem becomes MENA’s second unicorn, raises $350m

  Ride-hailing app Careem announced closing an initial investment round of $350m,…

Daily News Egypt Daily News Egypt

Two revolutions and a US dollar crisis dilute funding development dream of EGX

EGX peaked in 2008 when its market capital recorded unprecedented levels, but…

Mohamed Ahmed Mohamed Ahmed

UAE to support Egypt’s foreign exchange reserves with $2bn funding: Abu Dhabi crown prince

The CBE announced that the balance of the foreign exchange reserves increased…

Hossam Mounir Hossam Mounir

Orchestrated assault: Rights NGOs condemn reopening foreign funding case

Timing of the attack suggests it is punishment for engaging with OHCHR,…

Daily News Egypt Daily News Egypt

Will CBE’s initiative solve funding concerns for IT companies?

Egyptian banks, however, are seeking to make their loans more competitive with…

Mohamed Alaa El-Din Mohamed Alaa El-Din

Careem acquires funding worth $60m

Abraaj Group is a lead investor in the new deal for the…

Menna Samir Menna Samir