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Economy

Egypt In-Focus — Fintech startups raise $167m; deal signed to import 180K tons of wheat from India

Follow-ups -eshrag News: China In-Focus — China approves ICBC-Goldman JV; New rules to regulate private pension investment via mutual funds…

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Economy

Saudi IT provider MIS gets shareholders’ approval for 20% capital raise

Follow-ups -eshrag News: Thu, 2022-06-23 12:32 RIYADH: Saudi Al Moammar Information Systems Co. has received approval from its shareholders to increase capital…

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Economy

Saudi Arabia to raise FinTech companies by threefold under new strategic plan

Follow-ups -eshrag News: Thu, 2022-06-23 00:14 RIYADH: Saudi Arabia plans to increase the number of FinTech companies in the Kingdom…

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Economy

Tunisia expects to raise $97m in tourism investments in Q3 2022, says minister

Follow-ups -eshrag News: Saudi government reserves at central bank take hit to fuel Vision 2030 investments RIYADH: Saudi Arabia’s reserves…

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Sports

Triathlete Arwa Al-Amoudi racing to raise awareness of growing sport

eshrag News: In Saudi Arabia triathlon may be a relatively new sport — or three sports in one — but…

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Economy

Egyptian IT firm Benya plans to raise $150m for Africa expansion

Follow-ups -eshrag News: Tue, 2022-06-07 15:21 RIYADH: Egypt’s Benya Group is looking to increase its capital by $150 million through…

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Economy

Saudi IT firm MIS seeks 20% capital raise through bonus share issue

Follow-ups -eshrag News: MELBOURNE: Shell Plc said on Monday it had given the go-ahead to develop the Crux gas field…

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Economy

Green startup to raise funds via NFT to clear plastics off the oceans

Follow-ups -eshrag News: Egyptian business leader brands UK-Egypt relations ‘best they’ve ever been’ LONDON: Relations between Britain and Egypt are…

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Economy

Insurance firm Saudi Re gets central bank’s approval to raise capital to $356m through rights issue 

Follow-ups -eshrag News: Author:  Thu, 2022-05-26 10:31 RIYADH: Saudi Reinsurance Co. has received the necessary approval from the Kingdom’s central…

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Economy

Aramco eyes IPO of its trading unit that could raise $30bn: Bloomberg

Follow-ups -eshrag News: The old adage that women have to work twice as hard for half the recognition clearly applies…

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