Business News in Egypt and the Middle East | CairoScene

Gaza's Blue Filter Wins $10,000 at IGNITE Pitch Competition

24 Sep 2022

Hosted by Startups Without Borders, SPARK and Google, the 9th annual IGNITE [...]

Saudi Recruitment Platform Elevatus Raises $10.5 Million Series A

Saudi Recruitment Platform Elevatus Raises $10.5 Million Series A

22 Sep 2022

The new investment will be used to accelerate the startup’s business expansion, [...]

Egyptian Fintech Startup EXITS.ME Raises $1 Million in Pre-Seed Round

Egyptian Fintech Startup EXITS.ME Raises $1 Million in Pre-Seed Round

21 Sep 2022

The team is currently working on transforming EXITS.ME to a new platform to cater [...]

Rentak & valU are Digitising the Rental Experience in Egypt

Rentak & valU are Digitising the Rental Experience in Egypt

21 Sep 2022

Proptech startup Rentak has teamed up with leading BNPL platform valU to introduce [...]

The Palestinian Entrepreneur 3D Printing a Brighter Future for Gaza

The Palestinian Entrepreneur 3D Printing a Brighter Future for Gaza

20 Sep 2022

Creating medical and educational equipment through 3D printing technology, Mohammed [...]

Saudi Arabia’s Fintech Startup erad Raises $2.5 Million Pre-Seed

Saudi Arabia’s Fintech Startup erad Raises $2.5 Million Pre-Seed

20 Sep 2022

The new funds will go towards further enhancing erad's platform, and expanding into [...]

UAE’s Metaverse Startup MetaFi Raises $3 Million

UAE’s Metaverse Startup MetaFi Raises $3 Million

19 Sep 2022

Founded in 2021 by Matt Danilaitis, MetaFi provides a wide range of services [...]

How Startups in the MENA Region are Embracing Sustainability

How Startups in the MENA Region are Embracing Sustainability

18 Sep 2022

Staff writer May El Habachi speaks with some of the foremost entrepreneurs in the [...]

Source Beauty Sells Majority Stake to Egyptian Company for Cosmetics

Source Beauty Sells Majority Stake to Egyptian Company for Cosmetics

18 Sep 2022

Founded in 2018 by Lydia Schoonderbeek, Source Beauty is a women-led one-stop shop [...]

Startups Without Borders Concludes Competition in Palestine With Meta

Startups Without Borders Concludes Competition in Palestine With Meta

16 Sep 2022

The ‘Boost Without Borders - Palestine’ competition - the first of its kind in Gaza [...]

UAE's Restaurant Management Platform The Cloud Raises $10M Series A

UAE's Restaurant Management Platform The Cloud Raises $10M Series A

15 Sep 2022

Founded in 2019 by Kamil Rogalinski and George Karam, The Cloud has fashioned [...]

Pakistani Fintech Startup Neem Raises $2.5 Million in Seed Round

Pakistani Fintech Startup Neem Raises $2.5 Million in Seed Round

15 Sep 2022

Founded in 2019 by Nadeem Shaikh, Vladimira Briestenska, and Naeem Zamindar, Neem [...]

Jordanian Podcast Network Sowt Acquires Dubai's Finyal Media

Jordanian Podcast Network Sowt Acquires Dubai's Finyal Media

14 Sep 2022

The acquisition will support Sowt’s audience growth, increase commercial [...]

AI-Powered Instant Commerce App Botit Could Change the Way We Shop

AI-Powered Instant Commerce App Botit Could Change the Way We Shop

13 Sep 2022

This new AI-powered e-commerce app promises to change the way we shop forever… [...]

Pakistani Digital Retailer SnappRetail Raises $2.5 Million Pre-Seed

Pakistani Digital Retailer SnappRetail Raises $2.5 Million Pre-Seed

12 Sep 2022

Founded in 2021 by Adeel Rasheed, Moazzm Ali Khan, and Ahsan Aziz, SnappRetail aims [...]

Jordanian Fintech Startup liwwa Raises $18.5 Million Pre-Series B

Jordanian Fintech Startup liwwa Raises $18.5 Million Pre-Series B

11 Sep 2022

Founded in 2015 by Ahmed Moor and Samer Atiani, liwwa provides loans to small [...]

Saudi Arabia’s Logistics Startup TruKKer Raises $100 Million Series C

Saudi Arabia’s Logistics Startup TruKKer Raises $100 Million Series C

10 Sep 2022

Founded in 2016 by Pradeep Mallavarapu and Gaurav Biswas, TruKKer is an online [...]

British International Investment to Inject $100M in Egyptian Startups

British International Investment to Inject $100M in Egyptian Startups

10 Sep 2022

To support Egyptian startups and increase climate finance, BII also announced its [...]

Flat6Labs & SANAD Launch Agritech Accelerator Programme in Egypt

Flat6Labs & SANAD Launch Agritech Accelerator Programme in Egypt

08 Sep 2022

The programme will give agritech startups access to capital to develop their [...]

The UAE's Rise as the Next Foodtech Hub of the Middle East

The UAE's Rise as the Next Foodtech Hub of the Middle East

07 Sep 2022

Staff writer May El Habachi speaks with some of the leading figures of the UAE's [...]

UK’s Climate Finance Accelerator Supports Low Carbon Projects in Egypt

UK’s Climate Finance Accelerator Supports Low Carbon Projects in Egypt

06 Sep 2022

CFA is currently accepting applications to its four-year program until October 16, [...]

Egyptian E-Commerce Startup El Dokan Raises $550,000 Pre-Seed

Egyptian E-Commerce Startup El Dokan Raises $550,000 Pre-Seed

06 Sep 2022

Founded in 2020 by Ahmed Maher, Mohammed Shirt and Sherif Alaa, El Dokan helps [...]

Egypt’s Used Car Marketplace Carzami Raises Undisclosed Pre-Seed Round

Egypt’s Used Car Marketplace Carzami Raises Undisclosed Pre-Seed Round

05 Sep 2022

The new funds will be used to transform Egypt’s used car market, targeting $30 [...]

How Online Marketplace Esorus Revolutionises Egypt's Design Industry

How Online Marketplace Esorus Revolutionises Egypt's Design Industry

05 Sep 2022

Breaking the mould by serving as an intermediary on multiple levels between [...]

Egyptian Mental Health Platform Shezlong Expands to South Africa

Egyptian Mental Health Platform Shezlong Expands to South Africa

04 Sep 2022

Shezlong's new platform, Upright, will offer mental health services - particularly [...]

Egypt to Host the Second Edition of the ICF Forum Ahead of COP27

Egypt to Host the Second Edition of the ICF Forum Ahead of COP27

03 Sep 2022

To be held at the New Administrative Capital, Egypt-ICF hopes to promote climate [...]

How to Choose the Right Accelerator Program for Your Business

How to Choose the Right Accelerator Program for Your Business

01 Sep 2022

Staff writer May El Habachi reached out to experienced entrepreneurs in the [...]

Egypt-Based Car Service App 3atlana Raises Six Figure Seed Round

Egypt-Based Car Service App 3atlana Raises Six Figure Seed Round

31 Aug 2022

The new funding will be used to strengthen the startup’s AI technology feature, [...]

Pakistani E-Commerce Platform PriceOye Raises $7.9 Million Seed Round

Pakistani E-Commerce Platform PriceOye Raises $7.9 Million Seed Round

31 Aug 2022

Founded in 2020 by Adnan Shaffi and Adeel Shaffi, PriceOye is a managed marketplace [...]

Dubai-Based Real Estate Platform Stake Raises $8 Million Pre-Series A

Dubai-Based Real Estate Platform Stake Raises $8 Million Pre-Series A

30 Aug 2022

Founded in 2020 by Rami Tabbara, Manar Mahmassani and Ricardo Brizido, Stake aims [...]

Why Investors Should Join the Femtech Revolution in the MENA Region

Why Investors Should Join the Femtech Revolution in the MENA Region

30 Aug 2022

StartupScene Staff Writer May El Habachi sat down with some of the leading femtech [...]

Forbes Under 30 Summit to Take Place in Egypt for the First Time

Forbes Under 30 Summit to Take Place in Egypt for the First Time

29 Aug 2022

Traditionally held in the US, the Forbes Under 30 Summit has lately been convening [...]

Dubai-Based Neobank Zywa Raises $3 Million Seed Round

Dubai-Based Neobank Zywa Raises $3 Million Seed Round

28 Aug 2022

Founded in 2021 by Alok Kumar and Nuha Hashem, Zwya offers a gamified [...]

UAE-Based Proptech Huspy Acquires Two Brokerage Platforms

UAE-Based Proptech Huspy Acquires Two Brokerage Platforms

27 Aug 2022

By acquiring Just Mortgages and Finance Lab, Huspy aims to further provide home [...]

Egypt-Born Fintech Startup SubsBase Raises $2.4 Million in Seed Round

Egypt-Born Fintech Startup SubsBase Raises $2.4 Million in Seed Round

26 Aug 2022

Founded in 2020 by Mohamed M. Farag and Sherif Aziz, SubsBase is a cloud-based [...]

UAE-Based AdTech Startup ArabyAds Raises $30 Million Pre-Series B

UAE-Based AdTech Startup ArabyAds Raises $30 Million Pre-Series B

25 Aug 2022

Through its platform, UAE-based ArabyAds aims to help advertisers in customer [...]

Attaa Digital Launches Egypt's First Arabic EdTech Creation Hackathon

Attaa Digital Launches Egypt's First Arabic EdTech Creation Hackathon

24 Aug 2022

The Attaa Digital Hackathon aims to encourage entrepreneurs, startups and SMEs to [...]

ClimaTech Run 2022 Invites Green Innovators to Pitch at COP27 in Egypt

ClimaTech Run 2022 Invites Green Innovators to Pitch at COP27 in Egypt

23 Aug 2022

ClimaTech Run 2022 invites innovators from around the world to either express their [...]

Saudi Arabian Fintech Startup Tamara Raises $100 Million Series B

Saudi Arabian Fintech Startup Tamara Raises $100 Million Series B

22 Aug 2022

Having offered BNPL solutions since 2020, this round brings the total investment [...]

Emaar Sells E-Commerce Platform Namshi to Noon for $335.2 Million

Emaar Sells E-Commerce Platform Namshi to Noon for $335.2 Million

21 Aug 2022

After Amazon, Namshi is considered the second largest e-commerce player in the UAE, [...]

More

TRENDING LATEST surprise me

Week Month Year

Skincare Brand NEM Delivers Je ne Sais Quoi With Sustainable Products

N.E.M. is a self-care brand that posits a great case for a place in your night time routine. [...]

Meet the NFTYScene & Creative Industry Summit Web3 Track Speakers

This September, the Creative Industry Summit and NFTYScene will welcome some of the largest local and global figures in the fields of Web [...]

Egyptian Actor Hesham Selim Passes Away at Age 64

Egyptian actor Hesham Selim, son of the legendary Saleh Selim, passed away this morning. [...]

Online Shop EGVintage Goes IRL With New Cairo Store

Cyber kings and queens, the vintage store serving you all kinds of -core is finally in physical form. [...]

Egypt's Largest Railway Station to Open in Bashteel by End of 2022

Located in Bashteel, Giza, the new station is expected to be three times bigger than Ramses Station, with 12 platforms. [...]

Mother Naked is the Skincare Brand Bottling Up a Sunkissed Glow

Bid white casts farewell because local skincare/makeup hybrid brand ‘Mother Naked’ is here to rectify the damage. [...]

Local-Brand 'Golds and Bees' Makes Honey Infused Curly Hair Products

Home-grown brand ‘Golds and Bees’ offers itself as an escape from the vicious cycle of heat through a selection of honey infused products [...]

The Arab Stars Spotted at 79th Edition of Venice Intl Film Festival

A slew of Arab stars, directors and presenters have been spotted turning heads at this year’s edition of the Venice International Film [...]

Egypt Rises to 53rd Place in 2021 Global Knowledge Index

UNDP's annual Global Knowledge Index summarises knowledge performance of countries in terms of higher education, research, development, [...]

Egypt Jumps 13 Places in Global Talent Competitiveness Index

In particular, Egypt had made huge gains within the index’s sublists for vocational and technical skills for its income group, where it [...]

USAID & EBRD Agree to Support Cultural Tourism in Cairo & Luxor

The project will support heritage and sustainable tourism by encouraging private investment in public heritage tourism projects, with a [...]

Beehive: This Nasr City Spot is a Haven for Foodies & Gamers

We have no choice but to stan dem kweens! [...]

Egyptian Actor Hesham Selim Passes Away at Age 64

Egyptian actor Hesham Selim, son of the legendary Saleh Selim, passed away this morning. [...]

Online Shop EGVintage Goes IRL With New Cairo Store

Cyber kings and queens, the vintage store serving you all kinds of -core is finally in physical form. [...]

7 Cafes in Cairo That Can Kickstart Your Influencer Career

There’s nothing like a pretty cup of coffee to elevate your mood (and your Instagram feed). [...]

Bäxters is The Bakery Bringing Emily to Cairo

Bäxters European kitchen provides ostentatious fusion pastries. [...]

Redbull Basketball World Championship Final to Take Place at Pyramids

The Red Bull Half Court World Championship final will be held in a custom-built all-glass court at the foot of one of the world’s most [...]

Six Innovation Labs to Be Established in Youth Centres Across Egypt

The development of these innovation labs is an extension of UNICEF’s Meshwary project, which reached 400,000 young people. [...]

Gorgeous Stays to Make You Fall in Love With Cairo All Over Again

No one ever said you had to leave Cairo to escape Cairo. [...]

Wine And Dine Her But Make it Peruvian With Cocktail Experts Lia

Indulge in Far East flavours and Pretty Woman fantasies at Heliopolis cocktail bar, Lia [...]

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. [...]