Featured TechnologyEgypt to develop indigenous e-vehicles in a bid to switch to clean energyIFM CorrespondentNovember 15, 2021 by IFM CorrespondentNovember 15, 2021 Egyptian authorities signed an agreement with a private sector company... Read more
Economy FeaturedEgypt’s non-oil export to the EU increases by 38% in eight monthsIFM CorrespondentNovember 8, 2021November 8, 2021 by IFM CorrespondentNovember 8, 2021November 8, 2021 Exports to the EU amounted to €4.1 billion, compared to €2.9 billion during the same period in 2020... Read more
Featured TechnologyTelecom Egypt signs deal with Nokia to develop IoT infrastructureIFM CorrespondentOctober 19, 2021October 19, 2021 by IFM CorrespondentOctober 19, 2021October 19, 2021 The deal was signed in the presence of Egyptian Minister of Communications and IT Amr Talaat... Read more
Featured LogisticsSaudi logistics startup Diggipacks acquires Egypt-based FWRUNWebAdminSeptember 6, 2021 by WebAdminSeptember 6, 2021 The acquisition will help Diggipacks expand in Egypt... Read more
Featured Finteche-wallets in Egypt increases by 16% to 16.3 mn in H1 2021WebAdminAugust 19, 2021 by WebAdminAugust 19, 2021 The number of deposit operations increased by 109% reaching 13.8 mn... Read more
Featured HealthcareEgyptian healthtech startup Yodawy raises $7.5 mn to fuel expansion plansWebAdminJuly 13, 2021 by WebAdminJuly 13, 2021 The online pharmacy company has more than 3,000 pharmacies and eight health insurers on its platform... Read more
Featured LogisticsEgypt-based digital freight marketplace Trella raises $42 mn to expand in MENAWebAdminJune 23, 2021 by WebAdminJune 23, 2021 The freight company will use these funds to further expand in Afghanistan and Pakistan... Read more
Energy FeaturedEgypt to invest $4 bn to fuel its green hydrogen project: GovtWebAdminJune 14, 2021 by WebAdminJune 14, 2021 The Ministry of Electricity and Renewable Energy aims to produce 42% of the total energy produced in Egypt from renewable sources by 2035... Read more
Energy FeaturedEgypt to establish MENA’s biggest petrochemical complexPritam BordoloiApril 30, 2021 by Pritam BordoloiApril 30, 2021 The complex will be constructed in the Ain Sokhna industrial zone... Read more
Featured FinanceMENA startups raise $170 mn in the first quarterWebAdminApril 9, 2021 by WebAdminApril 9, 2021 UAE, Egypt and Saudi completed 125 deals worth $396 mn in the first quarter of 2021... Read more