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Thursday, 25 November 2021

Kudos: PraxiLabs gets USD 300k in funding; Egypt lands a BAFTA; and AT Lease wins MEA Finance Award

PraxiLabs gets USD 300k in funding: Our very own Khadija Mohamed Elbedweihy, founder of PraxiLabs came first in Africa’s Business Heroes 2021 run, landing her 3D virtual lab simulations — which aim to provide accessible and affordable experiments for educational institutions and schools — USD 300k in funding, according to a statement.

Egypt lands a BAFTA: Egyptian actor Amir El Masry earned best actor in film during last weekend’s Scottish edition of the British Academy of Film and Television Arts awards (BAFTA Scotland) for his role in Limbo, a tale of migrants stranded in a Scottish town.

AT Lease won the best Middle East and Africa issuance award at the MEA Finance Awards for its EGP 1.09 bn securitized bond offering in February this year, it said in a bourse filing (pdf) this week. ALC Alieldean Weshahi & Partners were counsel for the offering.

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