Cairo-based fintech Dayra has joined Y Combinator and secured $3 million in a pre-seed round that includes a mix of equity and debt financing, The round includes investment from Tanmiya …
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The Central Bank of Egypt denies stopping the usage of the fiat pound
The Central Bank of Egypt (CBE) denied the allegation that it intends to stop the circulation of the Egyptian pound banknote in the market. According to a statement released by …
Mediterrania Capital Partners, a private equity firm focused on growth investments for SMEs and mid-cap companies in North Africa and Sub-Saharan countries announces the sale of its remaining stake in …
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EGX ends Monday in green, market cap. gains LE2.17B
The Egyptian Exchange (EGX) ended Monday in green, adding LE 2.17billion to market capitalization, amid Arab buying. The benchmark EGX30 rose 0.58 per cent, or 65.24 points, to end at …
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