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Egyptian startups take 7 spots on Forbes ME’s top 50 most-funded startups in MENA

Egypt’s seven entries raised a total of $248.6 million, with the top Egyptian company in 8th place

MoIC’s Egypt Ventures supported local startups with investments worth EGP 92M

In their year-end report, the Ministry of International Cooperation revealed their 2021 efforts in supporting support entrepreneurship, innovation and startups through Egypt Ventures

Fawry to establish new consumer finance company in 2022

The company, wholly owned by Fawry and its subsidiaries, has already obtained the necessary license from the Financial Regulatory Authority

Egyptian FinTech Sympl raises $6M only 2 months after soft launch

The FinTech aims to apply its newly acquired funds to accelerate the growth of its merchant network and expand its product and service categories

Careem Egypt’s GM on Mobility as a Service and efforts in FinTech

Talking to Business Today on the sidelines of RiseUp summit, Essam offered his opinion on the state of MaaS in the region, and the ride-hailing sector’s future