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Amenli, a leading insurtech broker licensed by the Financial Regulatory Authority in Egypt (FRA), has secured a new funding round of $2.3 million aimed at accelerating its growth and enhancing its service offerings. The investment was led…
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Vodafone Egypt has achieved a significant milestone, reaching a customer base of 50 million subscribers and approximately 9.6 million active users of its "Vodafone Cash" digital wallet service. This unprecedented accomplishment reflects the…
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Raya Holding for Financial Investments announced its consolidated and standalone financial results for the third quarter ending September 30, 2024. The results highlight the company's remarkable financial performance and growth despite…
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For the first time, Al Safy Group is participating in the 28th edition of the Middle East and Africa's International Technology Exhibition and Conference, Cairo ICT. The event, inaugurated by Prime Minister Mostafa Madbouly on Sunday, runs…
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9M 2024 key highlights Total revenue increased by 39% YoY to reach EGP 58.4bn, driven by a 46% YoY increase in Data revenues, accounting for 45% of total revenue growth, thanks to the growing customer base and the price adjustments…
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Pemo has announced a $7 million Pre-Series A Funding round as it seeks to continue its unprecedented growth in the region. spend management platform Following two years of remarkable success in the UAE, the leading Dubai-based spend…
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e& UAE, the telecommunications arm of e&, has signed a Memorandum of Understanding (MoU) with Dubai Airports, exploring opportunities to bring 5G Private Network connectivity to optimise airport operations. The collaboration aims to…
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Volkswagen has raised its planned investment in a joint venture with US electric car maker Rivian to $5.8 billion, an increase of $800 million from the initial investment announced in June. Oliver Blume, CEO of Volkswagen, said during a…
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Apple is gearing up to announce a new smart home hub, according to Bloomberg’s Mark Gurman. As early as March 2025, the iPhone maker could release a tablet that mounts to your wall, controls smart home appliances, does video calls, and…
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resident-elect Donald Trump announced on Tuesday that Elon Musk will co-lead the Department of Government Efficiency. The CEO of Tesla, SpaceX, xAI, Neuralink, and owner of X, will lead the department alongside biotech entrepreneur and…
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