Egypt
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Valu and Wego Partner to Offer Flexible Payments for Travel in Egypt
Valu and Wego Partner to Offer Flexible Payments for Travel in Egypt
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Why Adenia Chose Parkville for Its First Majority Investment in Egypt
Adenia Partners has announced the closing of its investment in Parkville Pharmaceuticals, marking the firm’s first majority investment in Egypt. Adenia acquired the stake previously…
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MNT-Halan Hits $1.4 Billion Valuation After New Investment from Al Ahly Capital
MNT-Halan has completed the first closing of a new investment round led by Al Ahly Capital, the investment subsidiary of the National Bank of Egypt,…
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Cairo Emerges as Key Tech Hub as Nokia Sets Up Operations Centre
Nokia has selected Egypt as its strategic support hub for the Middle East and Africa, establishing a centralised operational centre in Cairo. The new facility,…
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Sinai.ai Raises $1.45M to Turn Books into Interactive AI Learning Experiences
A new wave of innovation is reshaping how people consume content, and Sinai.ai is positioning itself at the centre of that shift. The Cairo-founded startup…
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What Makes Souhoola’s Hybrid Card Different from Traditional Prepaid Products
Souhoola has obtained initial regulatory approval from Egyptian authorities to launch a reloadable prepaid card developed in partnership with Banque Misr (issuing bank), Visa (global…
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How Breadfast Secured $50 Million to Scale Quick Commerce Across Africa
Breadfast has closed a $50 million pre-Series C funding round, announced on February 17, 2026. The round was led by Mubadala Investment Company (Abu Dhabi),…
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How IFC’s $200 Million+ Commitments Aim to Strengthen Egypt’s Private Sector
The International Finance Corporation (IFC) has announced five new projects in Egypt, mobilising over US$200 million in direct investments and advisory support. These initiatives, disclosed…
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How ADCB Egypt Modernised SWIFT Payments Using Temenos Payments Hub
ADCB Egypt has gone live with Temenos Payments Hub, enabling the processing of SWIFT payments using the ISO 20022 MX messaging standard for both retail…
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How NowPay Is Entering Saudi Arabia Through a $20 Million Joint Venture
NowPay has launched NowAccess in Saudi Arabia through a strategic joint venture with Tas’heel, the consumer finance arm of United International Holding Company. Announced in…
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