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Egyptian startup Convertedin raises $3M
Convertedin, that operates a marketing operating system for e-commerce brands, has raised $3 million in a seed round led by Saudi Merak Capital.
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Trading on Egypt's commodity exchange to start in Q1 of 2023
Ashmawy noted that the commodities that will start trading have been identified, such as wheat.
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Suez Canal Bank accepting applications for 4th Launch SaaS
The bank supports start-ups that provide innovative solutions in areas of digital transformation, fintech, and climate change.
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Egypt considering listing Universal Healthcare Insurance in exchange
This is to diversify its investment portfolio and increase the yields of invested funds, Minister of Finance and UHIS Chairman Mohamed Maait said.
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Consumers in Egypt embrace digital payments
88% of consumers in Egypt have used at least one emerging payment method in the last year, with usage expected to further increase.
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Egypt’s PM checks on government complaints system
We are keen to continuously monitor the processing of complaints by relevant government agencies: PM.
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Saudi PIF sets up unit to invest in Egypt
SEIC will invest in priority sectors including but not limited to, infrastructure, real estate development, health care and financial services.
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Egypt to produce Nokia phones locally
Talaat said that this agreement comes out of the state’s efforts in creating a supportive climate for the growth of international company investments
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Egypt Energy Exhibition and Congress gets support from 2 ministries
Statistics indicate that renewable energy has a central role in Egypt's Vision 2030.
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Egypt's current account deficit widens in Jan-March
The figures showed that a net $14.75 billion in portfolio investments left the country in January-March.
