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07 December 12:13 PM
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Morni invests $10m in Egypt to acquire mobility startups

Cairo – Mubasher: Saudi Arabia-based mobility solutions platform Morni is planning to invest $10 million to target new acquisitions in Egypt in the mobility space through Exists.me, an acquisition and mergers (M&A) advisory firm.  The new buy-side …
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Fintactics launches new ventures, enters partnerships during Saudi Arabia’s World Fintech Show
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Seedstars to develop VC managers in emerging markets
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Saudi TDF inks financing deal for development project in Asir
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TASI closes Tuesday up; NomuC ends session lower
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OneOrder raises $3m seed round; total investment tops $10m
KSA Arab Global Commodities
TASI
10,353.77 -0.87% -90.50
Volume 41,314,475 Turnover 1,295,433,071 No. of Trades: 106,070
112 Down 34 Flat 70 Up
No. of Traded Stocks : 216
Last Update: 11:58 AM
Latest News
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Morni invests $10m in Egypt to acquire mobility startups Global Economy
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Fintactics launches new ventures, enters partnerships during Saudi Arabia’s World Fintech Show Companies Investments
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Seedstars to develop VC managers in emerging markets Companies Investments
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Saudi TDF inks financing deal for development project in Asir Mutual Funds
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TASI closes Tuesday up; NomuC ends session lower Trading Activities
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OneOrder raises $3m seed round; total investment tops $10m Board of Directors
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Saudi Arabia’s PMI jumps to 58.5 in November Macroeconomics
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Saudi Arabia cuts January oil prices to Asia to 10-month low Commodities
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CMA greenlights Nomu listing of 3 companies Trading Activities
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Issam Abu Sulaiman, Regional Director for the GCC countries at the World Bank
Mobile apps see over $2.7 daily transactions – World Bank’s Abu Sulaiman Event
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Mubasher Exclusive
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Oman Technology Fund invests $50m in MENA - Al Balushi Macroeconomics
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Higher oil prices reinforce Gulf’s economic growth in 2023 – UBS’ Bolliger Macroeconomics
Fady Azzouny, Founder and CEO of Vetwork
Startup Lounge: Vetwork is currently raising round to further build technology, expand – Azzouny Global Economy
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Startup Lounge: Paymob is planning to expand in MENA – Islam Shawky Companies Investments
Hesham Safwat - CEO of Jumia Egypt
Startup Lounge: COVID-19 impacted positively on growth of digital services – Hesham Safwat Companies Investments
Nahdet El-Mahrousa Business Incubator
Startup Lounge: Egypt seeing entrepreneurship boom - Nahdet El-Mahrousa Companies Investments
Nihal El-Chami, Head of Programme and Marketing at Falak Startups
Startup Lounge: More VC investors now interested in Africa, Middle East – Nihal El-Chami Global Economy
The Egyptian market accounts for 10-15% of Mrsool's total operations
Mrsool eyes expansion in Africa via Egypt, listing on an Arab stock exchange Initial Public Offerings
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Islamic Finance
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DIB prices $750m from inaugural sustainable Sukuk Banking and Finance
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Al Rajhi Bank raises SAR 10bn from Tier 1 Sukuk offering Sukuk and Islamic Finance
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Riyad Bank secures SAR 3.75bn from Additional Tier 1 capital Sukuk offering Banking and Finance
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SNB raises SAR 3.3bn in Additional Tier 1 Sukuk offering Sukuk and Islamic Finance
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Almarai completes redemption of SAR 1.6bn Sukuk – Series V Sukuk and Islamic Finance
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Saudi PIF reportedly expected to issue green bonds soon Sukuk and Islamic Finance
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Riyad Bank starts offering Additional Tier 1 capital Sukuk Sukuk and Islamic Finance
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SNB starts offering SAR-denominated Additional Tier 1 Sukuk Sukuk and Islamic Finance
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Bahri’s SAR 3.9bn Sukuk oversubscribed 1.95 times Companies Investments
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GFH acts joint lead manager on Dar Alarkan's $400m Sukuk issuance Sukuk and Islamic Finance
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Arab Markets
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Shareholder ups stake in Speed Medical for EGP 3.5m Companies Investments
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Shareholder buys over 265K shares in Arab for Development Real estate
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Urbnlanes plans to raise investments in Egypt to EGP 24bn Companies Investments
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Egypt’s int’l reserves grow in November Banking and Finance
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Morni invests $10m in Egypt to acquire mobility startups Global Economy
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Fintactics launches new ventures, enters partnerships during Saudi Arabia’s World Fintech Show Global Economy
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IMF to discuss Egypt’s $3bn loan deal next week Macroeconomics
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Seedstars to develop VC managers in emerging markets Companies Investments
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Saudi TDF inks financing deal for development project in Asir Companies Investments
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Egypt’s stock market closes Tuesday’s session in green Trading Activities
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International Markets
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