News

RAKEZ offering business solutions to global investors at Gulfood

Ras Al Khaimah Economic Zone (RAKEZ) is present at the annual Gulfood exhibition, the region’s largest F&B event, to offer global investors complete business solutions for establishing and growing...

Applications open for Mega Green Accelerator

The Mega Green Accelerator is now open for applications from startups in the Middle East and North Africa region that focus on circular economy solutions, clean energy transition and climate mitigatio...

Sawari Ventures plans $150 million fund for Egyptian startups

Cairo-based leading VC firm Sawari Ventures has revealed its plans to initiate a new fund of $150 million for investing in Egyptian startups as the company is eyeing diverse sectors such as fintech, e...

TaskTracker Suite announced its participation at STEP Conference

TaskTracker Suite, a set of affordable, SMART, and user-friendly web and mobile applications, is participating in the STEP Conference 2024 Startup Basecamp, the largest fintech festival in Dubai.

Egypt’s M&A activity declines in 2023

According to the latest report by global law firm Baker McKenzie, based on LSEG data for globally announced M&A transactions, Egypt’s M&A in the second half of 2023 (H2 2023) experienced a 32%...

nybl and Basserah to merge together

Saudi technological leaders nybl, the science-based artificial intelligence (AI) pioneer, and Basserah, a specialist in the data and robotic-process automation domains, have announced the finalization...

Partech Africa II fund closes at $300M plus

Partech, the global technology investment firm, announces the final closing of its second Africa fund, Partech Africa II, at a hard cap of €280M ($300M+), opens a new office in Lagos and is looking to...

Step Conference kicks off with a new partner hosting model

The 12th edition of the Step Conference started on a positive note, and the Dubai-born brand will be “going global” through a leading partner hosting model for global event organisers to explore.

ENGIE launches venture studio to boost climate tech startups

ENGIE Factory, the venture-building arm of ENGIE Group, announced the launch of a venture studio to boost climate tech startups across the Middle East. The ENGIE Factory aims to be at the forefront of...

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