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MNT-Halan expands already diverse range of services with Talabeyah acquisition

Currently, MNT-Halan provides FinTech services including small business and consumer lending, payments, and e-commerce, as well as delivery and ride-hailing services

Egyptian AI-focused startup Synapse Analytics closes $2M pre-series A round

The journey towards using the full-power of AI for business continues to be a long road as difficulties with deployment and maintenance of systems remain key challenges

Foreign investments to startups up by 190% in first 5M of 2022 | ITIDA Head

The challenges created by the global supply chains have also created promising investment opportunities to outsource services to Egyptian companies, added Mahfouz

B2B on-demand fulfillment platform Khazenly closes $2.5M round

The round was led by Arzan Venture Capital and Shorooq Partners with participation from Camel Ventures, Averroes Ventures, and a number angel investors, the company said in a release

Egyptian used-car marketplace Sylndr closes $12.6M pre-seed round

"We aim to become the most trusted used cars retailer in the region," said CEO Omar El Defrawy