Deloitte Innovation Hub reaffirmed its commitment to advancing Egypt’s technology ecosystem through its strategic participation in Engineerex Summit 2025, a leading technology and engineering career platform, hosted at The Greek Campus on 12–13 December. This marks Deloitte Innovation Hub’s second consecutive year as the event’s main partner, underscoring its sustained role in nurturing high-potential talent and accelerating the growth of Egypt’s innovation landscape. At this edition of Engineerex, Deloitte Innovation Hub took on an enhanced role as the exclusive Lounge Partner, using the space for recruitment, learning, and talent engagement. Throughout the two-day event, diverse representatives, including Ahmed Salem, Chief…
Author: Mohamed Fathy
In response to the critical challenges facing fast-growing startups, “Bosta” – the pioneering force in tech-enabled logistics services delivering products and goods for thousands of online stores across Egypt – and Jadarat platform – a specialist in cutting-edge corporate training and development solutions – have forged a transformative cooperation agreement aimed at crafting specialized training content and dynamic interactive courses powered by artificial intelligence, ensuring Bosta’s workforce skills evolve in lockstep with the explosive growth of today’s labor market. Jadarat platform stands out through its powerful ability to tap into a company’s internal documents, strategic roadmaps, and pinpoint future “competencies”…
Banknbox, a company specializing in payment solutions and digital transformation, has officially announced that it has obtained the PCI MPoC (Mobile Payments on COTS) certification, issued by the PCI Security Standards Council. Official Recognition Under this official recognition, Banknbox will be listed on the global register of mobile-based card acceptance solution providers for merchants, as an alternative to traditional POS terminals. This makes Banknbox one of the very first companies worldwide to be included among PCI Security Standards Council–approved SoftPOS solution providers, a list that currently includes only 17 companies globally. Innovative Payment Solutions Achieving the PCI MPoC certification reaffirms…
In a regional awards segment that brought together top procurement innovators from across the Middle East and Africa, Teradix was selected by an independent panel of experts for the Excellence in Supply Chain Collaboration Award, recognizing the platform’s transformative impact on sourcing operations for major industrial companies in Egypt and Saudi Arabia. The award reflects Teradix’s leadership in digital procurement transformation, supplier engagement, and collaborative sourcing technologies that enable more transparent, efficient, and strategic procurement processes. Khaled Aboshady, CEO of Teradix, added: “This recognition reflects the collective effort between Teradix, our clients, and the procurement community. Our mission has always…
After a series of successful collaborations across the region, Changelabs and Arab Bank’s AB Xelerate joined forces once more to launch the ABX Egypt Fintech Startup Bootcamp – a 3-day intensive training program designed to accelerate Egypt’s most promising FinTech startups addressing financial inclusion and the needs of the underbanked. While Egyptian founders continue to launch new financial technology companies following successes like MNT HALAN and Fawry, a large proportion of the Egyptian population still lacks access to basic financial services. This presents a real and sizable market opportunity, particularly for banks, to leverage novel technologies provided by startups to…
Byit Capital, the high-growth propTech platform headquartered in the UAE, has raised USD 1.1 million in strategic investment from A15, Beltone Holding, and angel investors, marking a pivotal milestone in its mission to standardize and scale real estate brokerage across the GCC. Having started its journey in Egypt before expanding into the UAE, the platform is now gearing up for its next growth phase across Saudi Arabia and broader Gulf markets. The backing from two of the region’s most respected institutional investors reflects deep conviction in Byit’s agent-first, transparent model, designed to modernize a fragmented and commission-heavy market. With more…
Paymob, the leading payment technology provider in the Middle East and North Africa, and Robusta Technology Group (RTG), a regional leader in digital product development, artificial intelligence solutions, and digital transformation, have announced the signing of a strategic partnership. The collaboration aims to establish a joint framework offering integrated solutions that combine digital payments, artificial intelligence, and advanced user experiences, empowering merchants, startups, and enterprises in Egypt and the wider region to accelerate their digital transformation and achieve more efficient growth. This partnership stems from a shared vision to build an integrated digital ecosystem that supports the expansion of a…
Propeller, a venture capital firm focused on AI infrastructure, today announced the launch of its $50 million Fund III, designed to connect MENA’s technical and entrepreneurial talent with the market opportunities of Silicon Valley, and to link cutting-edge AI startups in the USA with the key players implementing large-scale AI infrastructure projects in the Middle East. Rooted in Jordan, Propeller now operates across Amman, Riyadh, Boston, and Silicon Valley, bridging the MENA and U.S. ecosystems. Building on the success of its first two funds, Propeller’s third fund will focus exclusively on software startups building horizontal AI infrastructure and AI-native applications,…
In a groundbreaking initiative advancing the future of talent and innovation, Sprints and Global Innovation & Entrepreneurship (GIE) Company launched Deep Tech Careers Hub 2025 at GITEX Expand North Star in Dubai Harbour, within the Deep Tech MEA Initiative. This milestone initiative represents a major leap in career development, introducing an AI-powered ecosystem designed to help youth and professionals assess their skills, gain data-driven insights, and connect with future-ready opportunities in the digital economy. Within this immersive AI ecosystem, participants discovered and developed their true potential through a series of transformative experiences. The AI Career Fortuneteller offered advanced assessments revealing…
Bosta, the region’s leading logistics technology company, has entered into a strategic partnership with Tactful AI, the Egypt-founded customer experience (CX) platform, marking a major step toward redefining service excellence and customer engagement across the Middle East. Founded in 2016, Bosta has grown into a trusted, tech-enabled logistics and commerce enabler for thousands of e-commerce and retail businesses. Beyond last-mile delivery, Bosta provides fulfillment solutions and Bosta Capital – its financing arm designed to support merchant growth. With a digital-first operating model and a consistently high overnight delivery success rate of ~96%, Bosta continues to set new standards for reliability,…
bluworks (bluworks.io), a Cairo-based HR tech startup specialising in workforce management solutions, has closed a $1 million seed funding round to accelerate growth across Egypt and expand regionally. The round was led by A15, Enza Capital, and Beltone Venture Capital, Acasia Ventures alongside strategic angel investors. management challenges through employee scheduling Led by cofounders Hussein Wahdan and Farah Osman, bluworks has shown strong growth since its launch in 2022. The platform addresses blue-collar workforce management challenges through employee scheduling, attendance tracking, payroll processing, real-time salary disbursement, and compliance management tailored for Egyptian regulatory requirements. The company’s focus on simplifying workforce…
Kingpin, a UAE-based AI-native SaaS company redefining how brands, distributors, and wholesalers find, approach and transact with retailers, has raised $3.5 million in seed funding to accelerate its global distribution platform. The round was backed by US-based Infinity Ventures, Red Swan Ventures, Mu Ventures, as well as UAE-based COTU and Outliers, with support from Hub71. The new funding will enable Kingpin to expand its engineering and product teams, strengthen its AI capabilities, and expand its operations beyond the Middle East to Europe and North America. Kingpin was founded by Harsh Sajnani (co-founder & CEO) and Guilherme Soares (co-founder & COO)…
Huawei Cloud Egypt and Nice Deer have announced the signing of a strategic collaboration agreement aimed at accelerating the digital transformation of Egypt’s healthcare and InsurTech sectors, during the Cairo ICT 2025 Exhibition and Conference. In this context, Mr. Xu Fuqui Jo, CEO of Huawei Cloud Egypt, commented: “Our partnership with Nice Deer reflects Huawei Cloud’s commitment to supporting Egypt’s digital transformation journey and enabling the healthcare and health insurance sectors to deliver more efficient and innovative services. Under this partnership, Nice Deer will leverage Huawei Cloud’s infrastructure to host its entire digital ecosystem, benefiting from Huawei Cloud’s solutions and…
Egypt Trust, the leading provider of electronic signature and information security services in Egypt, announced its participation in CAIRO ICT 2025 with an extensive program of interactive sessions and workshops and expert-led discussions. This year’s participation aims to engage directly with business leaders, technology professionals, and exhibition visitors, introducing them to the latest global developments in digital signatures, data encryption, and secure digital identity solutions. Throughout the exhibition, Egypt Trust’s booth (1F6 – Hall 1) will host a rich schedule of specialized sessions delivered by prominent experts in the industry. The program begins with a session titled “Digital Signatures Around…
MNT-Halan, the region’s leading fintech platform and Egypt’s largest non-bank financial services provider, announces the launch of the Halan AZ Real Estate Fund (“Halan AZ” or “the Fund”). Fully licensed and approved by the Financial Regulatory Authority (FRA), the Fund will provide individual and institutional investors with access to real estate investment opportunities through a seamless digital platform. The Fund will be launched in partnership with Azimut Egypt, a leading and fast-growing asset management company and one of the largest equity managers in the country, known for its strong private investment team and leadership in digital investment products. Halan AZ…
From a wrinkle-release spray to science-backed haircare, Egyptian entrepreneurs are proving that innovation can start anywhere — and grow everywhere. Powered by creativity, persistence, and the reach of digital retail, local founders are finding new ways to turn simple ideas into successful national brands. One standout story is Iron Mist, a wrinkle-release spray created by marketing professional Shady Mabrouk. After appearing on Shark Tank Egypt and joining Amazon.eg as a selling partner, Iron Mist’s sales doubled, reflecting how Egyptian entrepreneurs are blending on-screen visibility with online scale to reach millions of customers. Innovation Meets Opportunity “I wanted to test my…
Binbar Investment, a company specialized in real estate investment solutions, announced the signing of a strategic partnership with Joa Capital, along with Rabeh serving as the fund’s technical advisor, to launch Marhoon Fund, the first direct financing fund in Saudi Arabia dedicated to securing loans through lease and usufruct contracts. The fund has a total investment volume of SAR 500 million. The fund aims to enable Saudi companies to access innovative financing solutions backed by their operational assets as collateral, in support of private sector growth and diversification of funding sources, in alignment with the goals of Saudi Vision 2030.…
DisrupTech Ventures, a leading early-stage fintech venture capital fund, announces its investment in Chari, a Y Combinator–backed startup that is transforming Morocco’s retail sector into a nationwide fintech network. This marks DisrupTech’s first investment in Morocco and its second in Africa outside of Egypt, underscoring the fund’s growing commitment to supporting fintech innovation across the continent. fintech platform Founded in 2020 by Ismael Belkhayat and Sophia Alj, Chari has built a licensed fintech platform that turns thousands of neighborhood shops into access points for digital payments and financial services. By leveraging its payment institution license from the Central Bank of…
Belda, the first and largest services platform in Egypt operating as a digital marketplace that aggregates and delivers trusted service providers in Egypt, announced a strategic partnership with Al Diwan Real Estate Development, a leading real estate development company in Egypt, and the owner of Villar residential and touristic projects. This partnership represents a qualitative leap for the integrated services sector in upscale residential communities, contributing to shaping new dimensions for the real estate and service sectors in Egypt. Belda Platform offers more than 50 diverse services according to the highest standards of quality and trust across all service fields,…
Velents.ai, a fast-growing startup focused on enterprise artificial intelligence, has announced the launch of Agent.sa, the first fully integrated Arabic-speaking AI employee designed to operate within companies and institutions just like a human team member. The launch coincides with the closing of a $1.5 million funding round, marking a strategic milestone in the company’s mission to build Arabic-native technologies that serve organizations in their own language and dialects, without relying on foreign models. AI-powered digital solutions The round was backed by individual investors holding leadership roles at Google, BCG, and other global firms. Velents is preparing to open a new…