egyptian startups

Egypt launches Entrepreneurship and Startups unit headquarters

Thu, 23 May 2024 - 01:13 GMT

Heiba stated that the establishment of the unit aligns with the directives of President Abdel Fattah El-Sisi and Prime Minister Mostafa Madbouly to create a dedicated platform to support entrepreneurs and startups

Egypt raises training budget to LE 1.7B in 34-fold increase over past 5 years

Sat, 18 May 2024 - 10:29 GMT

He stated that 40 startups in Cairo and Giza raised $40 million in investments over the past two years and over 55 startups were incubated in the governorate-based centers

FRA introduces capital requirements for FinTech startups in non-banking finance

Mon, 08 Jan 2024 - 03:29 GMT

The primary objective of this resolution is to ensure the financial stability of these companies and their ability to deliver efficient services

205 startups receive LE383.5M from Egypt Ventures over 7 years

Mon, 08 Jan 2024 - 12:49 GMT

These investments include LE 222.2 million being directly invested, while LE 166.3 million has been allocated as indirect investments

ITIDA Takes Center Stage in Fostering Egypt’s Tech Startups and Nurturing the Entrepreneurship Ecosystem, the CEO Pronounces

Mon, 09 Oct 2023 - 02:19 GMT

On the sidelines of the summit, ElZaher met with a group from the TIEC Innovation Ambassador (TIEC-IA) program. ITIDA’s CEO praised their efforts and stressed the importance of the role they play in realizing ITIDA’s goal of spreading the culture of entrepreneurship and innovation

MEAPT region startup financing drops by 64% in H1 2023

Wed, 12 Jul 2023 - 03:05 GMT

Regional funding reached its lowest recording during Q2 2023, contracting to $619 million compared to $1.26 million in Q1 2023

Rology acquires Saudi Arabia’s Arkan United

Mon, 05 Jun 2023 - 10:37 GMT

Rology was founded in 2017 as an on-demand teleradiology platform that connects hospitals and other healthcare providers with remote and readily available radiologists.