Egypt eyes surge in fintech investment after new laws
New legislation and regulatory changes in Egypt are set to unleash a surge in new fintech investments and change the way the country’s largely unbanked citizens do business, industry players say.
Maersk VC co-leads funding round in Egyptian start-up Trella
Egyptian startup Trella, a digital platform connecting truckers with freight loads, has raised $42 million in equity and debt, including from the venture capital arm of shipping giant Maersk, its chief executive said.
Analysis: Gaza truce shifts focus to Egypt’s regional role
Egypt’s work to broker and secure a truce in the Gaza Strip this month has thrust it into the diplomatic spotlight, prompting top-level reengagement from Washington and overshadowing moves by several Arab states to normalise ties with Israel.
Rival powers Turkey and Egypt try to mend ties after long rift
Turkey and Egypt will try to improve strained ties at talks starting in Cairo on Wednesday after an eight-year rift which led them to back rival factions in Libya’s war and put them at odds in a dispute over east Mediterranean waters. Relations between the regional powers have been tense since Egypt’s army toppled a […]
