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ecommerce

Ministry Data Reveals Surging Interest in Online Shopping Among Egyptian Consumers

Ministry data unveils a surge in Egyptian e-commerce as internet users increasingly turn to online platforms for shopping.

PM Madbouly tours outsource and tech companies to promote IT sector’s unlimited potential

Following his inspections of several factories in 10th of Ramadan City and Obour City on Saturday, Prime Minister Mostafa Madbouly visited six companies within the fields of information technology, engineering research and development services, and outsourcing services

Beltone Venture Capital acquires 20% of ariika in a Series A funding round

Ariika announced that it will use the fund raised to expand its regional presence across the MENA region starting with Saudi Arabia.

Egyptian startup and VC companies are leaders in funding within MEAPT region | MAGNiTT

Africa accounted for 51% of total MEAPT funding, and 26% of the region’s deals, however, funding and deals fell by 54% and 50% year-on-year respectively, the report wrote

Egypt named one of MENA’s top tech hotspots, regional IT spending to reach $178.1B in 2023

MENA’s ecommerce market was valued at $37 billion, with the report predicting that it will exceed $57 billion by 2026