Author: Mohamed Fathy

Huawei Cloud Egypt and Nice Deer have announced the signing of a strategic collaboration agreement aimed at accelerating the digital transformation of Egypt’s healthcare and InsurTech sectors, during the Cairo ICT 2025 Exhibition and Conference. In this context, Mr. Xu Fuqui Jo, CEO of Huawei Cloud Egypt, commented: “Our partnership with Nice Deer reflects Huawei Cloud’s commitment to supporting Egypt’s digital transformation journey and enabling the healthcare and health insurance sectors to deliver more efficient and innovative services. Under this partnership, Nice Deer will leverage Huawei Cloud’s infrastructure to host its entire digital ecosystem, benefiting from Huawei Cloud’s solutions and…

Egypt Trust, the leading provider of electronic signature and information security services in Egypt, announced its participation in CAIRO ICT 2025 with an extensive program of interactive sessions and workshops and expert-led discussions. This year’s participation aims to engage directly with business leaders, technology professionals, and exhibition visitors, introducing them to the latest global developments in digital signatures, data encryption, and secure digital identity solutions. Throughout the exhibition, Egypt Trust’s booth (1F6 – Hall 1) will host a rich schedule of specialized sessions delivered by prominent experts in the industry. The program begins with a session titled “Digital Signatures Around…

MNT-Halan, the region’s leading fintech platform and Egypt’s largest non-bank financial services provider, announces the launch of the Halan AZ Real Estate Fund (“Halan AZ” or “the Fund”). Fully licensed and approved by the Financial Regulatory Authority (FRA), the Fund will provide individual and institutional investors with access to real estate investment opportunities through a seamless digital platform. The Fund will be launched in partnership with Azimut Egypt, a leading and fast-growing asset management company and one of the largest equity managers in the country, known for its strong private investment team and leadership in digital investment products. Halan AZ…

From a wrinkle-release spray to science-backed haircare, Egyptian entrepreneurs are proving that innovation can start anywhere — and grow everywhere. Powered by creativity, persistence, and the reach of digital retail, local founders are finding new ways to turn simple ideas into successful national brands. One standout story is Iron Mist, a wrinkle-release spray created by marketing professional Shady Mabrouk. After appearing on Shark Tank Egypt and joining Amazon.eg as a selling partner, Iron Mist’s sales doubled, reflecting how Egyptian entrepreneurs are blending on-screen visibility with online scale to reach millions of customers. Innovation Meets Opportunity “I wanted to test my…

Binbar Investment, a company specialized in real estate investment solutions, announced the signing of a strategic partnership with Joa Capital, along with Rabeh serving as the fund’s technical advisor, to launch Marhoon Fund, the first direct financing fund in Saudi Arabia dedicated to securing loans through lease and usufruct contracts. The fund has a total investment volume of SAR 500 million. The fund aims to enable Saudi companies to access innovative financing solutions backed by their operational assets as collateral, in support of private sector growth and diversification of funding sources, in alignment with the goals of Saudi Vision 2030.…

DisrupTech Ventures, a leading early-stage fintech venture capital fund, announces its investment in Chari, a Y Combinator–backed startup that is transforming Morocco’s retail sector into a nationwide fintech network. This marks DisrupTech’s first investment in Morocco and its second in Africa outside of Egypt, underscoring the fund’s growing commitment to supporting fintech innovation across the continent. fintech platform Founded in 2020 by Ismael Belkhayat and Sophia Alj, Chari has built a licensed fintech platform that turns thousands of neighborhood shops into access points for digital payments and financial services. By leveraging its payment institution license from the Central Bank of…

Belda, the first and largest services platform in Egypt operating as a digital marketplace that aggregates and delivers trusted service providers in Egypt, announced a strategic partnership with Al Diwan Real Estate Development, a leading real estate development company in Egypt, and the owner of Villar residential and touristic projects. This partnership represents a qualitative leap for the integrated services sector in upscale residential communities, contributing to shaping new dimensions for the real estate and service sectors in Egypt. Belda Platform offers more than 50 diverse services according to the highest standards of quality and trust across all service fields,…

Velents.ai, a fast-growing startup focused on enterprise artificial intelligence, has announced the launch of Agent.sa, the first fully integrated Arabic-speaking AI employee designed to operate within companies and institutions just like a human team member. The launch coincides with the closing of a $1.5 million funding round, marking a strategic milestone in the company’s mission to build Arabic-native technologies that serve organizations in their own language and dialects, without relying on foreign models. AI-powered digital solutions The round was backed by individual investors holding leadership roles at Google, BCG, and other global firms. Velents is preparing to open a new…

At a high-profile international event attended by H.E. President Abdel Fattah El-Sisi, President of the European Commission Ursula von der Leyen, H.E. Dr. Rania Al-Mashat, Minister of International Cooperation, H.E. Hassan El-Khatib, Minister of Investment and Foreign Trade, along with senior leaders and officials from both the European and Egyptian sides, Mounir Nakhla, Founder & CEO of MNT-Halan, is participating in a session titled “Innovate to Elevate: Putting Research and Innovation at the Heart of Competitiveness.” Successful Egyptian Model During the summit, Nakhla presents MNT-Halan’s experience as a successful Egyptian model leading the digital transformation and promoting financial inclusion through…

After extended success working with DFIs (Development Finance Institutions) on entrepreneurship and innovation programs over the last five years including the Egypt VC Summit, the Scale Up to Green Accelerator, the CVC Builder Program, and many more, Changelabs has now expanded its model beyond DFIs to corporates, offering a new solution that makes startup innovation directly accessible to large companies at accessible rates. This solution includes incubators, accelerators, hackathons, bootcamps, trainings and other innovation programs meant to help corporates gain access to new startup innovation, identify new value-adding partnerships with startups and SMEs, help develop their corporate VC arms, and…

Safety Point Egypt, a leading provider of industrial and safety solutions, has announced a strategic partnership with CorporateStack Egypt, a regional leader in digital transformation and business management solutions across the Middle East and Africa. Digital Transformation The partnership comes as Safety Point Egypt celebrates its 50th anniversary—a milestone marking five decades of leadership, innovation, and commitment to excellence. This collaboration signifies a bold step forward in Safety Point’s journey toward digital modernization, positioning technology and automation at the heart of its future growth strategy. Through this strategic alliance, CorporateStack Egypt will implement its comprehensive digital transformation suite, encompassing Enterprise…

BasharSoft, the company behind Egypt’s leading online job platforms Wuzzuf and Forasna, announced the full acquisition of iCareer, Egypt’s largest consultancy specializing in providing large-scale employment programs and career solutions. The acquisition also expands BasharSoft’s influence beyond Egypt, enabling deeper penetration into the GCC markets, where both companies had already begun operations. Earlier this year, BasharSoft officially launched in Saudi Arabia, marking the start of a regional growth strategy that aims to serve millions more job seekers and employers across MEA. Online Job Marketplaces Founded in 2009, BasharSoft has connected over 9 million job seekers with more than 100,000 employers,…

Saudi Arabia-based TabSense has secured $5 million in its first funding round led by Jasoor Ventures to launch an AI Agentic Point of Sale (PoS) system for multi-branch and franchise restaurants and cafes. Innovation The new funding will be used to accelerate product innovation, expand regional sales, and grow its full-stack engineering and AI teams to further advance its agentic intelligence capabilities. AI Agentic PoS Founded in 2024 by Mohammed Jaber, Mohammad Khleifat, Shadi Daboor and Mohamad Ababatain, TabSense provides an AIAgentic PoS, a system powered by intelligent AI agents that act like digital employees, helping restaurants and cafes scale…

COREangels MEA, operated under PTS Holdings, has been named as “Best Angel Network in Africa” at the AESIS 2025 Awards, hosted during the ABAN Congress — Africa’s most influential gathering of investors, innovators, and ecosystem leaders. This milestone recognizes COREangels MEA’s exceptional role in building a safe, transparent, and effective bridge between Africa’s promising startups and global investors, enabling founders and unlocking new pathways for sustainable growth across the continent. COREangels MEA is a $10 million pre-seed fund dedicated to supporting early-stage innovation across the Middle East and Africa (MEA). Operating through a collaborative venture studio model, it connects global…

Cairo-based AI company Nanovate raises $1M in a pre-seed funding round led by a group of angel investors this October, only 9 months after the company officially started operations. About Nanovate Founded by Nancy Madbouly and Ahmed Gamal, Nanovate is an AI technology company focused on developing end-to-end Arabic AI solutions: advanced voice and chat AI agents, automation systems, and customized AI solutions that help businesses across MENA operate faster, smarter, and in 22 dialects of their own language. The startup is backed by MINT Incubator by EG Bank, and Raya FutureTECH Accelerator. Nanovate was selected as one of the…

Chari, the YC-backed startup founded in 2020 by husband-and-wife duo Ismael Belkhayat (ex-BCG) and Sophia Alj (ex-McKinsey), has closed a $12M Series A round—the largest Series A ever raised in Morocco. The round was led by SPE Capital and Orange Ventures, with participation from Verod-Kepple, Global Founders Capital, Plug and Play, Endeavor Catalyst, Pincus Capital, Al Khwarizmi Ventures, UM6P Ventures, Axian Group, Uncovered fund, AfriMobility, P1 Ventures, Reflect Ventures, Dragon Capital, MyAsia VC, Harambean prosperity fund and H&S Invest holding. In addition, several high-profile business angels joined the round, including Michael Lahyani (Founder of Property Finder) and Karim Beguir (Founder…

WideBot AI, the leading Arabic artificial intelligence company specializing in enterprise and government solutions, has officially launched WhatsApp Business Voice Calls through its WideBot AI Voice Agent, becoming the first Arab company in the Middle East to offer this technology to clients across the region. Institutional Communication This milestone marks a major leap in institutional communication, enabling governments and large enterprises to interact directly with citizens and customers through WhatsApp voice calls — the most widely used communication channel in the region — powered by an intelligent Arabic-speaking AI voice agent capable of understanding multiple dialects, responding in real time,…

NtegralOne Solutions and Giga Computing, a subsidiary of GIGABYTE and an industry leader in high-performance server solutions, today announced a strategic partnership to deliver cutting-edge AI computing infrastructure to the Egyptian market. The agreement, officially signed at GITEX Global 2025 at the Giga Computing Booth (Hall H10), designates NtegralOne Solutions as Giga Computing’s first Preferred Reseller in Egypt, focusing exclusively on high-demand, NVIDIA-certified systems for Enterprise AI. The partnership is strategically timed to support Egypt’s accelerating digital transformation, particularly following the launch of the Egypt National AI Strategy 2025. “This partnership signifies a major step forward for the Egyptian AI…

Today, Nice Deer is pleased to announce that it has joined the United Nations Global Compact Network Egypt, the world’s largest corporate sustainability initiative dedicated to the development, implementation, and disclosure of responsible business practices. By joining this initiative, Nice Deer proudly stands alongside more than 25,493 companies from over 167 countries, all committed to taking responsible business action and shaping the world we all want. The UN Global Compact calls on businesses everywhere to align their operations and strategies with ten universally accepted principles covering the areas of human rights, labour, environment, and anti-corruption, and to take action in…

In a strategic collaboration aimed at accelerating Egypt’s digital payment transformation, PayTabs Egypt, an award-winning provider of payment orchestration infrastructure and digital payment solutions, has partnered with Valu, MENA’s leading universal financial technology powerhouse, to introduce the Valu merchant app. The app is a smart, contactless payment solution, thoughtfully designed and tailored for Egypt’s dynamic retail landscape. Through this partnership, Valu’s growing network of merchants can now accept payments straight from their smartphones, without traditional POS hardware. This ensures a fast, simple, and modern payment experience that reflects the evolving needs of Egypt’s retail landscape. “This partnership is a meaningful…