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Startups
Egypt’s Nawy Acquires Majority Stake In Dubai-Based SmartCrowd
Egypt-based property technology (PropTech) platform Nawy has acquired a majority stake in SmartCrowd, a Dubai-based fractional property investment platform, marking its entry into the UAE market and broader GCC expansion.
Acquisition…
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UAE Proptech Huspy Raises $59M to Scale in Europe
Huspy just closed a $59 million Series B to double down on operations across the Middle East and expand its European presence, led by existing investor Balderton Capital.
In 2022, Huspy raised over $40 million in Series A and an…
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PetroApp Secures $50 Million Funding Round
PetroApp, the leading independent platform for digital fuel payments, fleet management, and vehicle services, today announced the successful closing of a $50 million investment round led by Jadwa Investment through its GCC Diversified…
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Aria Ventures Launches EGP 50 Million Investment to Bolster Deep-Technology Startups
Aria Ventures, a specialized venture studio focused on building startups, has announced the launch of a 50 million EGP investment to support promising companies in the Deep-Technology sector. This initiative aims to bridge the gap between…
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Banknbox Achieves 600% Growth in H1 2025
Bassem Mahmoud, CEO of Banknbox, the region’s leading unified Banking-as-a-Service (BaaS) platform, announced that the company has achieved 600% growth during the first half of 2025. This milestone reflects the accelerating regional…
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ACT Partners with Roboost to Transform Restaurant Delivery Through Advanced AI Solutions
In a significant step reflecting its ongoing commitment to leading digital transformation in the hospitality sector, ACT, a leader in the ICT industry for over 35 years, has announced a strategic partnership with Roboost, the smart delivery…
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iSchool Acquires SEEDS Algoriza’s EdTech Arm to Accelerate Saudi Expansion
iSchool, the leading K-12 AI and coding education platform in the MENA region, has acquired SEEDS, the EdTech division of Egyptian/Saudi software powerhouse Algoriza, in a strategic move aimed at deepening its presence in Saudi Arabia and…
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Orange Corners Egypt Celebrates the Graduation of the 100 Startups From the Cohort in the Delta
In a powerful celebration of youth innovation and entrepreneurship, the Orange Corners Egypt programme, an initiative of the Kingdom of the Netherlands marked a new milestone with the graduation of this year’s first cycle from its flagship…
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MDP secures new Investment led by Lorax Capital and Leading Investors
MDP, a leading payments technology infrastructure group in the Middle East and Africa, is pleased to announce a new phase of growth following a strategic investment led by Lorax Capital Partners (“LCP”). The transaction marks the exit of…
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ITIDA Launches 47th Round of Start IT Incubation Program with New Incentives to Boost Startup…
The Technology Innovation and Entrepreneurship Center (TIEC), an affiliate of the Information Technology Industry Development Agency (ITIDA), has announced the launch of the 47th round of its Start IT incubation program. Applications are…
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