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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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On This Day | The iPhone Debut That Redefined an Era: More Than 270,000 Units Sold in a Week
On June 29, 2007, the world crossed a digital Rubicon. The launch of Apple’s first iPhone didn’t just introduce a new product—it marked a turning point in how humans would live, work, and communicate for decades to come.
First unveiled…
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FollowICT’s Weekly AI Digest: Global Developments Reshaping the Future
As artificial intelligence advances at a breakneck pace, FollowICT—a leading digital economy platform—launches a weekly briefing to track the most pivotal AI innovations worldwide.
OpenAI Acquires Talent from AI Recommendation Startup…
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On This Day | How Apple Redefined Podcasting and Sparked a Social Media Giant
June 28, 2005 — In what would later be hailed as a pivotal moment in the evolution of digital media, Apple released iTunes 4.9, the first version of its flagship music platform to natively support podcasts. For the first time, users could…
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On This Day | The Founding of Atari and the Dawn of the Video Game Age
On June 27, 1972, A quiet revolution in digital entertainment began when Nolan Bushnell and Ted Dabney officially founded Atari Inc. in California, with a modest $500 and an ambitious vision. In doing so, the two tech pioneers laid the…
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On this day | The Barcode That Transformed Global Commerce
June 26, 1974, a modest Marsh supermarket witnessed a quiet revolution unfolded at the checkout counter. A pack of Wrigley’s Juicy Fruit gum—ten sticks, priced at 67 cents—was scanned using a red laser beam, becoming the first product ever…
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Hesham Mahran Appointed CEO and Managing Director of Orange Egypt
The Board of Directors of Orange Egypt has announced the appointment of Hesham Mahran as Chief Executive Officer and Managing Director, effective August 1st 2025. Mahran will succeed Eng. Yasser Shaker, who will assume the role of Chairman…
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Interview | Amr Fathy: e& Egypt’s 5G Technology Will Redefine Digital Life for Individuals and…
As technology continues to reshape the world and redefine standards of connection and communication, Egypt stands at the cusp of a pivotal digital transformation. Far more than a leap in internet speed, 5G is emerging as a foundational…
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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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