Business News in Egypt and the Middle East | CairoScene

Egypt’s Planning Ministry & AUC Venture Lab Launch Training Programme

18 Jun 2021

The project seeks to build an innovation-enabling environment for young people. [...]

Aumet Spin-off OnEx Established as Stand-Alone Startup

Aumet Spin-off OnEx Established as Stand-Alone Startup

18 Jun 2021

After significant growth over the past year, Jordan's Aumet saw the time as ripe [...]

Tatweer Misr Innovation Competition Crowns Winners of the Fourth Round

Tatweer Misr Innovation Competition Crowns Winners of the Fourth Round

17 Jun 2021

After 750 applicants from arcos Egypt threw their names in the hat, the fourth [...]

Uber Egypt to Trial Al Nasr’s Locally-Produced ‘E70’ Electric Vehicles

Uber Egypt to Trial Al Nasr’s Locally-Produced ‘E70’ Electric Vehicles

17 Jun 2021

The agreement comes ahead of Al Nasr's ambitious plans to roll out 25,000 E70 [...]

Egyptian Edtech Startup Tareeqi Acquired by Oman's eMusharif

Egyptian Edtech Startup Tareeqi Acquired by Oman's eMusharif

17 Jun 2021

eMushrif has been eyeing the North African market after a $2.3 million investment [...]

UAE Community Platform Mama ME Receives Funding From Flat6Lab

UAE Community Platform Mama ME Receives Funding From Flat6Lab

17 Jun 2021

The platform seeks to serve as a safe and welcoming space for mothers, protecting [...]

Bill-Splitting P2P Payments App Ziina Raises $7.5M in Seed Round

Bill-Splitting P2P Payments App Ziina Raises $7.5M in Seed Round

17 Jun 2021

The wider P2P payments market is booming, currently estimated at $1.8 billion, it [...]

Egyptian Fintech Khazna to Launch New Prepaid Card for Employees

Egyptian Fintech Khazna to Launch New Prepaid Card for Employees

16 Jun 2021

The financial services ‘super app’ has received approval from CBE for an innovative [...]

UAE’s MEVP Announces Partial Exit from Beauty Platform Fresha

UAE’s MEVP Announces Partial Exit from Beauty Platform Fresha

16 Jun 2021

Fresha streamlines and simplifies the online booking process and automating beauty [...]

Orange & AXA Acquire Majority Stake in Moroccan Healthtech DabaDoc

Orange & AXA Acquire Majority Stake in Moroccan Healthtech DabaDoc

16 Jun 2021

Under new parent companies, the health platform is eyeing a Middle Eastern and [...]

UAE-Based Valeo Wellbeing Secures $3M in Seed Funding to Grow Platform

UAE-Based Valeo Wellbeing Secures $3M in Seed Funding to Grow Platform

15 Jun 2021

The startup will use the funds to scale operations and platform, and introduce new [...]

Egyptian B2B E-Commerce Platform Fatura Secures $3M Pre-Series A

Egyptian B2B E-Commerce Platform Fatura Secures $3M Pre-Series A

15 Jun 2021

The new investment will help Fatura diversify its services and go beyond e-commerce [...]

Abu Dhabi VC Shorooq Partners Opens Office in Cairo

Abu Dhabi VC Shorooq Partners Opens Office in Cairo

15 Jun 2021

With a flagship $50 million VC fund, Shorooq Partners is a leading early-stage [...]

Jordan’s Music-Based EdTech Adam Wa Mishmish Secures $475K Fund

Jordan’s Music-Based EdTech Adam Wa Mishmish Secures $475K Fund

14 Jun 2021

The startup aims to make learning Arabic accessible and enjoyable for children [...]

Investors from UAE, Egypt, Qatar & KSA Fund Nexford University

Investors from UAE, Egypt, Qatar & KSA Fund Nexford University

14 Jun 2021

The US-based online learning platform experienced huge growth in 2020 and is on the [...]

UAE’s Trukkin Continues to Shift Gears Following $7M Series A Round

UAE’s Trukkin Continues to Shift Gears Following $7M Series A Round

13 Jun 2021

The company has seen considerable growth since 2020, driving into Pakistan and [...]

Hub71 and ADIO Launch $2.7M Programme for Abu Dhabi Tech Startups

Hub71 and ADIO Launch $2.7M Programme for Abu Dhabi Tech Startups

13 Jun 2021

The programme, called 'The Outliers', seeks to sustain the healthy Abu Dhabi [...]

Egypt Approves $50M AFESD Loan to Finance SMEs

Egypt Approves $50M AFESD Loan to Finance SMEs

12 Jun 2021

The loan seeks to nurture the SMEs ecosystem to create jobs and encourage youth [...]

Banque du Caire Partners With MSMEDA for EGP 500M Microfinance Project

Banque du Caire Partners With MSMEDA for EGP 500M Microfinance Project

12 Jun 2021

The project is ready to provide 10,000 loans across Egypt. [...]

UAE E-Commerce Experts Opontia Secures $20M in Seed Round

UAE E-Commerce Experts Opontia Secures $20M in Seed Round

11 Jun 2021

The e-commerce market in MENA is growing faster than in any other region, and [...]

ISSF Invests $250K in Jordanian Food Safety Startup Decapolis

ISSF Invests $250K in Jordanian Food Safety Startup Decapolis

11 Jun 2021

With food safety standards affecting wider trade and business, the startup seeks to [...]

AUC Launches Continental Trade Programme for Pan-African Trade

AUC Launches Continental Trade Programme for Pan-African Trade

10 Jun 2021

The programme seeks to support intra-African trade as the continent’s free trade [...]

almatar and Nazeel Partner Up to Reshape the Face of Saudi Tourism

almatar and Nazeel Partner Up to Reshape the Face of Saudi Tourism

10 Jun 2021

Between them, almatar and Nazeel have over 250,000 rooms ready to use for the [...]

Jordan’s Digital Marketplace OpenSooq Raises $24M in Investment

Jordan’s Digital Marketplace OpenSooq Raises $24M in Investment

10 Jun 2021

With an item sold every 13 seconds on OpenSooq, the company’s bid to consolidate [...]

Saudi Agritech Red Sea Farms Raises $10M in Pre-Series A Funding

Saudi Agritech Red Sea Farms Raises $10M in Pre-Series A Funding

10 Jun 2021

With technology that can cut freshwater consumption by up to 90 percent, the [...]

Egypt’s Tejarra Raises Six-Figure Investment from Openner VC

Egypt’s Tejarra Raises Six-Figure Investment from Openner VC

09 Jun 2021

Hosting over 50 vendors offering more than 18,000 electronic products, it’s easy to [...]

Egyptian Fintech MoneyHash Raises Six-Figure Funding to Develop API

Egyptian Fintech MoneyHash Raises Six-Figure Funding to Develop API

09 Jun 2021

The company aims to launch its app towards the end of 2022 and expand operations [...]

Egypt-Based Edtech iSchool Secures $160K Investment from Edventures

Egypt-Based Edtech iSchool Secures $160K Investment from Edventures

08 Jun 2021

iSchool aims to help students master artificial intelligence (AI) programming, [...]

National Bank of Egypt Recieves $100M from EBRD to Support SMEs

National Bank of Egypt Recieves $100M from EBRD to Support SMEs

08 Jun 2021

This is the third EBRD-GEFF loan provided to NBE, which will also benefit from a [...]

TRADE Project Launched to Support Engineering SMEs in Egypt

TRADE Project Launched to Support Engineering SMEs in Egypt

07 Jun 2021

The five-year project seeks to strengthen Egyptian SMEs’ competitiveness abroad and [...]

UAE-Based Pawame Raises Grant of $1.7 Million for Expansion

UAE-Based Pawame Raises Grant of $1.7 Million for Expansion

07 Jun 2021

Largely operating in Kenya, the startup’s vision is one of empowering individuals [...]

US Foodtech Startup C3 Expands into KSA with $100M Joint Venture

US Foodtech Startup C3 Expands into KSA with $100M Joint Venture

07 Jun 2021

After securing a joint venture with WK Holding, American food tech startup C3 is [...]

Suez Canal Economic Zone to Receive Petrochemical Complex

Suez Canal Economic Zone to Receive Petrochemical Complex

07 Jun 2021

Within the Suez Canal Economic Zone's Red Sea Complex for Petrochemicals, the [...]

ITIDA Launches Digital Transformation Initiative to Support Startups

ITIDA Launches Digital Transformation Initiative to Support Startups

06 Jun 2021

The initiative aims to leverage leading expertise to help local companies meet [...]

Jordan’s ISSF Invests $1M in Kuwait-Based VC Arzan

Jordan’s ISSF Invests $1M in Kuwait-Based VC Arzan

06 Jun 2021

The investment comes as Arzan VC plans to double down on the Jordanian ecosystem. [...]

Mubadala Invests $497M in Europe’s Largest Veterinary Care Provider

Mubadala Invests $497M in Europe’s Largest Veterinary Care Provider

05 Jun 2021

IVC Evidensia has an expansive network of hospitals, clinics, and health centers [...]

Egyptian Real Estate Search Engine Aqarmap Launches ‘Matcher Service’

Egyptian Real Estate Search Engine Aqarmap Launches ‘Matcher Service’

05 Jun 2021

With a database of 7.9 million real estate-oriented clients compiled over 10 years, [...]

The Mentorship Forum Middle East To Take Place This November

The Mentorship Forum Middle East To Take Place This November

04 Jun 2021

First of its kind in the GCC, the event focuses on the central role the mentorship [...]

Saudi SMEs GDP Contributions Surge 45% in Five Years

Saudi SMEs GDP Contributions Surge 45% in Five Years

04 Jun 2021

The number of SMEs grew from 447,000 to 614,000 in the same period. [...]

UAE Startups Can Now Apply for Microsoft’s GrowthX Accelerator

UAE Startups Can Now Apply for Microsoft’s GrowthX Accelerator

03 Jun 2021

The accelerator will bring together innovators and facilitate community engagement [...]

More

TRENDING LATEST surprise me

Week Month Year

Cairo's Best 7 Restaurants for Shakshouka

Just be sure to wear some clothes that can withstand a little splatter. [...]

UAE’s Trukkin Continues to Shift Gears Following $7M Series A Round

The company has seen considerable growth since 2020, driving into Pakistan and serving 12 countries in the Middle East. [...]

Mussels and Sushi? This New Cairo Spot Seems to Think They're a Thing

Who are we stand in between of love? [...]

Banque du Caire Partners With MSMEDA for EGP 500M Microfinance Project

The project is ready to provide 10,000 loans across Egypt. [...]

These Dresses are Making a Cute Sixties Comeback with Kedi of Kairo

Drawing on the feminine aesthetic and adorable co-ords of the Peacock Revolution, local fashion brand Kedi of Kairo is giving us a taste of [...]

Double the Style with Duet's Sets

Their newest summer collection ‘Wild at Heart’ includes a healthy mixture between fun and flirty co-ords drawing on Spanish flamenco [...]

Lebanese Designer Rami Kadi Celebrates Decade of Work at Walk of Cairo

To celebrate his couture house’s 10 year anniversary, Walk of Cairo is hosting Rami Kadi Maison de Couture to showcase ‘RETROSPECTIVE 10’, [...]

Noor City Project to Become Egypt's First Green Smart City

Egypt’s first green smart city, the Noor Capital Gardens Project, will cost USD 32 billion and will be located right across from the New [...]

Egyptian-Italian Fabio Abraham to Play Gamal Abdel Nasser in CNN Docu-Drama

An all-new CNN docu-drama ‘Jerusalem’, which will be centred around the history of the ancient city, will feature Egyptian-Italian actor [...]

South Sinai Hospitals and Isolation Units Are Now Cleared of Coronavirus Cases

The Ministry of Health has declared that the last two Coronavirus patients have been discharged from Nuweiba Central Hospital after [...]

Egypt Orders All Airports to Relocate Hazardous Goods Following Beirut Explosion

After the devastating events of the Beirut explosion, the Ministry of Civil Aviation has ordered all Egyptian airports to move hazardous [...]

Abuse Relief Aide is the New Network of Specialists Providing Free Support to Sexual Abuse Victims

Founder of What Women Want magazine May Abdel Asim, alongside founder of the Safe Kids foundation Sara Aziz, have recognized a gap in [...]

Tatweer Misr Innovation Competition Crowns Winners of the Fourth Round

After 750 applicants from arcos Egypt threw their names in the hat, the fourth edition of the annual competition saw some of Egypt's [...]

Uncle Nouby Isn’t a Regular Restaurant, He’s a Cool Restaurant

He's not a regular uncle, he's a cool uncle. [...]

UAE-Based Valeo Wellbeing Secures $3M in Seed Funding to Grow Platform

The startup will use the funds to scale operations and platform, and introduce new wellbeing products into the UAE market. [...]

Egyptian B2B E-Commerce Platform Fatura Secures $3M Pre-Series A

The new investment will help Fatura diversify its services and go beyond e-commerce and digital lending, and look towards optimising the [...]

Bashar Murad Resists Subjugation in Colourful New EP ‘Maskhara’

Throughout his career, the Palestinian pop singer has used art as an instrument to steer the arc of social issues, and dedicates his latest [...]

Sudan’s Sufyvn Produces Cultural Fusion in ‘Pseudarhythm Vol. 3’

The new EP caps off the Sudanese producer’s experimental trilogy. [...]

Egypt’s Planning Ministry & AUC Venture Lab Launch Training Programme

The project seeks to build an innovation-enabling environment for young people. [...]

Aumet Spin-off OnEx Established as Stand-Alone Startup

After significant growth over the past year, Jordan's Aumet saw the time as ripe for independent operations. [...]

EDITOR'S PICKS

South Sinai Hospitals and Isolation Units Are Now Cleared of Coronavirus Cases

South Sinai Hospitals and Isolation Units Are Now Cleared of Coronavirus Cases

11 Aug 2020

The Ministry of Health has declared that the last two Coronavirus patients have been discharged from Nuweiba Central Hospital after undergoing treatment and completing their quarantine period. [...]

Egyptian-Italian Fabio Abraham to Play Gamal Abdel Nasser in CNN Docu-Drama

Egyptian-Italian Fabio Abraham to Play Gamal Abdel Nasser in CNN Docu-Drama

11 Aug 2020

An all-new CNN docu-drama ‘Jerusalem’, which will be centred around the history of the ancient city, will feature Egyptian-Italian actor Fabio Abraham as late Egyptian president Gamal Abdel Nasser. [...]

Egypt Orders All Airports to Relocate Hazardous Goods Following Beirut Explosion

Egypt Orders All Airports to Relocate Hazardous Goods Following Beirut Explosion

11 Aug 2020

After the devastating events of the Beirut explosion, the Ministry of Civil Aviation has ordered all Egyptian airports to move hazardous goods to safe storage spaces away from passengers and civilians. [...]

Abuse Relief Aide is the New Network of Specialists Providing Free Support to Sexual Abuse Victims

Abuse Relief Aide is the New Network of Specialists Providing Free Support to Sexual Abuse Victims

08 Aug 2020

Founder of What Women Want magazine May Abdel Asim, alongside founder of the Safe Kids foundation Sara Aziz, have recognized a gap in support for abuse victims in Egypt. Their new Facebook group, 'Abuse Relief Aide', seeks to fill that gap. [...]