Egypt
Egypt’s Qualiphi Acquires Career Club to Scale AI-Powered Career Services Across Middle East and North Africa
Egyptian recruiting platform, Qualiphi, has acquired the virtual career platform Career Club, previously owned by iCareer, in a six-figure transaction aimed at accelerating the...
VMS Launches Cairo Startup Accelerator Offering $28.7K Funding, Mentorship, Saudi Market Access for Egyptian Founders
The Cairo startup ecosystem has received a fresh boost as Value Makers Studio (VMS) officially launched a new accelerator program. The program aims at...
Basata Expands Digital Payments in Egypt with Nationwide POS Network and Mobile Wallet Support
Basata Holding for Financial Investments, a leading Egyptian fintech specialising in digital payments, has announced a major expansion of its point-of-sale (POS) network. The company’s...
Egypt Moves to Launch Venture Capital, Industrial Funds to Boost Startups, Manufacturing, Exports
Egypt is preparing to roll out a major financing initiative aimed at strengthening its startup ecosystem and industrial sector, as the government unveils plans...
B Investments Moves to Secure Majority Control of Brown Nose Coffee in Phased Egypt Expansion Strategy
Egypt’s private equity landscape is witnessing a strategic move as B Investments Holding plans to gradually acquire a controlling stake in the fast-growing coffee...
EDAFA Targets $10 Million Investment in Egyptian Startups for 2026 as Competition for Quality Founders Heats Up
Saudi-Egyptian venture capital firm, EDAFA is deepening its commitment to Egypt’s startup ecosystem. The firm announced plans to deploy $10 million into Egyptian startups...
EFG Hermes Expands Retail Investing With Five Mutual Funds on ONE App, Opening Institutional-Grade Access to Everyday Egyptians
With a strategic move designed to democratize investing and deepen retail participation in Egypt’s capital markets, EFG Hermes has launched five mutual funds on...
Qasatli Eyes 2027 IPO as It Seeks EGP 1 Billion to Accelerate Mortgage Expansion in Egypt
Cairo-based mortgage lender Qasatli Mortgage Finance is laying the groundwork for a potential public listing on the Egyptian Exchange in 2027. This marks a...
WideBot AI, Ahmed El-Ghandour Launch Arabic AI Education Series to Democratize Artificial Intelligence Across the Region
With a significant move poised to reshape artificial intelligence literacy in the Arab world, Egypt-based AI startup WideBot AI has partnered with renowned science...
eNovate Partners Cobi to Embed AI-powered Intelligence into Egypt’s Digital Payments Ecosystem
eNovate, a subsidiary of eFinance Investment Group, has announced an integration with Cobi, an AI-native customer intelligence platform headquartered in the UAE, in a...
Dawar Moves to Formalize Egypt’s Informal Recycling Market with Strategic BekyaPay Acquisition
Egypt’s recycling economy, long sustained by informal collectors and fragmented trading networks, is entering a new phase of digitization and consolidation. In a strategic move...
Flextock Secures $12.6M Series A to Power Integrated E-Commerce Infrastructure Across Egypt and Saudi Arabia
Flextock has raised $12.6 million in a Series A funding round to scale its integrated commerce, fulfillment, cross-border enablement, and merchant financing platform. This...
