Markets
Abu Dhabi Reduces Business Setup Fees by 94%
Abu Dhabi will reduce business setup fees and license renewal fees to 1,000 dirhams ($272.27), a 94% reduction from current...
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Startups
PropTech Startup Nawy Raises Seed Fund from Sawiris Family
Cairo-born PropTech startup, Nawy, has raised a seven-figure Seed investment from the Sawiris family, the company announced in a statement...
Markets
Egypt’s “Decent Life” Initiative Explained by Hany Aboulfotouh
Egypt’s “Decent Life” Initiative was launched by President Abdel Fattah El-Sisi in January 2019. The initiative aims to improve the...
Startups
Estshara $500,000 in Seed Funding from Egypt Ventures
Estshara, the teleconsultations health-tech startup, announced an investment of $500,000 in Seed funding from Egypt Ventures. Through its seamless application,...
Startups
Aleph Acquires 86% of Connect Ads as it Continues Expanding
Aleph Holding, global partner to the world’s biggest digital media players, has today announced its acquisition of 86% of Connect...
Startups
Global Event Platform Bevy Acquires Egypt’s Eventtus
Bevy, the only enterprise community event engine, today announced the acquisition of Eventtus. The acquisition adds more than 20 engineers...
Startups
Elmenus Raises $10 Million in Ongoing Pre-Series C Round
Egypt’s food delivery app elmenus has raised $10 million in a Pre-Series C funding round by Luxor Capital, Fawry Group...
Startups
Speero Raises $1.8 Million in Pre-Series A Funding
Riyadh-based digital automotive services start-up Speero has announced the closure of its pre-Series A funding round at $1.8 million. The round was...
Startups
Yodawy Raises $7.5 Million in Series B Funding
Yodawy, an Egypt-based Healthtech startup successfully closes a $7.5 million Series B funding round. Led by Middle East Venture Partners (“MEVP”), Global...
Startups
Wajeez Secures $3 Million in Pre-Series A Funding
Amman-based media startup Wajeez has raised $3 million in a Pre-Series A round led by STV, marking the firm’s first investment in...
