Egypt
Beltone SMEs accelerates growth plans
Beltone SMEs, a part of the Beltone Holding has successfully increased its paid-in capital from EGP 250 million to EGP 500 million, demonstrating its strategic commitment to expanding operations and s...
Winners announced for Egypt’s Entrepreneur Awards
Egypt’s Entrepreneur Awards (EEA) announced the winners of its various categories during the closing ceremony of its fourth edition, “The ceremony took place on September 21st at the Grand Egyptian Mu...
Settle Payments secures $2mln pre-seed funding led by Shorooq Partners
SETTLE, an Egypt-based B2B payment platform, has successfully raised $2 million in a pre-seed funding round led by Shorooq Partners. Other notable investors that participated included El Sewedy Capita...
Egyptian fintech Lucky ONE raises $3 million
Lucky ONE, a Cairo-based consumer credit fintech, has successfully secured $3 million in a convertible note to help the company achieve profitability by the first quarter of 2025. The investment round...
Beltone Holding secures license to offer financial solutions for SMEs
Beltone Holding has officially obtained the Financial Regulatory Authority’s final approval for its Small and Medium Enterprises finance license. This license will help Beltone’s trajectory of serving...
Egyptian B2B e-commerce platform Cartona raises $8.1 million
Cartona, the pioneering B2B platform that is revolutionizing Egypt’s traditional trade market, catering to a diverse range of stakeholders including mom-and-pop stores, hotels, restaurants, cafes, F...
Schneider announces Enactus World Cup qualifiers in Egypt on July 29-30
Schneider Electric announced the launch of the qualifying rounds for the Enactus World Cup in Egypt on July 29-30. This initiative aims to empower young “Impact Makers” to create positive ...
Egypt’s GlobalCorp partners with MSMEDA to support SMEs
GlobalCorp, a non-banking financial services institution, has signed a cooperation protocol with the Micro, Small and Medium Enterprises Development Agency (MSMEDA) within the framework of government ...
UAE’s mobility platform Hala enters Egypt with MwaslaTech
Hala, a UAE-based mobility company, plans to enter the Egyptian market by partnering with MwaslaTech, a local provider of smart transport solutions to enhance the travel experience for Egyptian commut...