Northern Africa

The Egyptian government aims to establish what it calls a “City of Gold” over an area of 150 acres as it bids to become a global logistical centre for gold, …

Bloomberg – Egypt has selected six international banks to manage the sale of its first sovereign Islamic bonds worth $2 billion, Bloomberg reported citing people familiar with the decision. The …

OneOrder, an Egyptian supply chain tech startup, has secured $1 million in funding from A15, MENA’s premier venture capital firm. OneOrder aim to solve the inefficiencies in a restaurant’s supply …

Abu Dhabi Commercial Bank (ADCB) Egypt has announced its financial results for 2021, marking its first year of operation in Egypt. Full of achievements, 2021 reflects the success of the …

Nawy, an Egyptian prop-tech startup, has secured a $5 million seed funding round investment aimed at expanding across the region. The fund was led by the Sawiris family office. Nawy …

Electric vehicle charging network provider Infinity-E is in talks with the Egyptian government over plans to roll out 6,000 charging stations across the country. The company is negotiating with the …

AVEVA, a global leader in industrial software, driving digital transformation and sustainability, has announced its participation at the Egypt Petroleum Show (EGYPS) 2022, being held at the Egypt International Exhibition …

Egypt’s annual headline inflation rate increased to 8% in January 2022, up from 4.8 per cent in January 2021, according to a press statement issued by the Central Agency for …

A top UAE lender First Abu Dhabi Bank (FAB) in the United Arab Emirates announced an offer today to buy an Egyptian investment bank. First Abu Dhabi Bank (FAB) stated …

Yalla Fel Sekka (YFS), a pioneering on-demand logistics firm specializing in immediate delivery and dark store management, has raised $7 million in a Series A round of funding. DisruptAD, ADQ’s …