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Mohamed Nagaty Joins Tactful AI as Investor and Advisor to CEO
Tactful AI, a leading provider of AI-powered customer experience solutions, announced today the appointment of Egyptian entrepreneur and investor Mohamed Aboulnaga Nagaty as both investor and strategic advisor to the company’s CEO. The move…
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Talaat Moustafa Upgrades Its Subsidiary’s Credit Rating to AA- with a Stable Outlook
Talaat Moustafa Group Holding is pleased to announce that its wholly owned subsidiary, the Arab Company for Projects and Urban Development
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«Shahbandr» Launches «Shahbandr AI» the First Integrated Arabic AI Kit for e-Commerce Stores
Shahbandr, the e-commerce enabler in Saudi Arabia and the Middle East and North Africa, has launched "Shahbandr AI", the region's first Generative AI Kit fully integrated into e-commerce stores.
Shahbandr AI
"Shahbandr AI" offers a…
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Startup Pulse: Africa’s Emerging Tech Scene Gains Momentum
Africa’s startup ecosystem is experiencing a surge in innovation and investment. FollowICT, the digital economy platform, highlights the week’s most notable developments from across the continent.
Itana Opens Applications for…
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Vodafone Egypt Appoints Ayman El-Saadany and Rasha Hamdy to Executive Leadership Roles
Vodafone Egypt has announced two key executive appointments aimed at strengthening its leadership structure and driving strategic transformation. Ayman El-Saadany has been named Chief External Affairs Officer, while Rasha Hamdy steps into…
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«Intella» Secures $12.5 Million Series A Led by Prosus
Intella, the market leader in dialectal Arabic speech intelligence, today announced it has closed $12.5 million in an oversubscribed Series A round led by Prosus, with participation from 500 Global, Wa’ed Ventures, Hala Ventures, Idrisi…
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Dubai Proptech Startup Seraya Raises $1.8M Seed Round
Seraya, a Dubai-based proptech and hospitality startup, has secured $1.8 million in seed funding through a mix of equity and debt, bringing its total capital raised to $2.15 million. The round was led by a prominent Saudi family office and…
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«Munify» Has Raised $3M in Seed Funding to Build a Cross-Border Neobank for Egyptians Abroad
Munify (YC S25) has raised $3M in seed funding to build a cross-border neobank for Egyptians abroad.
The startup, founded by former Microsoft and Uber engineer Khalid Ashmawy, gives migrants a faster, cheaper way to send money home while…
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Vodacom Group Appoints Ayman Essam as Chief External Affairs Officer, Expanding Regional Leadership…
Vodacom Group has named Ayman Essam as Chief Executive for External Affairs, effective October 1, 2025, in a move that signals the company’s deepening commitment to strategic engagement across its African markets. In this newly expanded…
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«PALM» officially launches the first incentivized goal-based saving app in Egypt after Securing the…
Egypt’s first incentivized goal-based investment platform, has officially launched after closing the pre-seed funding round led by 4DX Ventures, with participation from Plus VC and a group of global angel investors. The company announces…
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