Careem, an Uber Technolgies subsidiary, is in early talks with Emirates Telecommunications Group company, to invest in its new beyond ride-hailing services. The company...

Saudi-based media group SRMG has launched a new venture capital, SRMG Ventures, that will fund entrepeneurs and companies working in the...

Egyptian venture capital firm Acasia Ventures has joined the US$1 million seed investment round in Lagos-based last-mile delivery platform Fez Delivery. The round...

The Sovereign Fund of Egypt (TSFE) and A Developments have signed an agreement to revamp the Ministry of Interior’s Lazoghli headquarters in...

Egypt, JICA signed a US$335.5 agreement to develop the Universal Health Insurance System, according to a statement by Finance Ministry....

Abu Dhabi-based investment company Noor Capital has fully acquired UK’s House of Borse (HOB) to be the largest acquisition of a UK entity by a UAE...

British oil company BP and Abdu Dhabi’s ADNOC announced their offer to take 50% in Israeli offshore natural gas producer...

The digital pharmaceutical platform, Chefaa, collaborates with Baheya Hospital to support the breast cancer treatment hospital through various tech-enabled patient-centric services. The co-operation comes in parallel with the coming opening of the first...

Chinese company Xinxing Ductile Iron Pipes is to invest US$2 billion in iron amd steel plants in the Suez Canal Economic Zone (SCZone), Egypt’s...

The Central Bank of Egypt (CBE) said that 2.16 million customers registered on the “InstaPay” payments application during the first year of its establishment. The CBE said the...