The project paves the way for Egypt to export surplus renewable capacity to Europe
Author Archives: enterpriseam admin
Nanovate closes USD 1 mn pre-seed round
Nanovate will use the funds to grow its presence in Saudi Arabia and the UAE
Local startup funding dips 37% y-o-y during 9M 2025
Across the region as a whole, MENA startups raised over USD 3 bn across 469 transactions
HSBC Egypt named Best Cash-management Provider by Euromoney
The bank ranked first overall and across all sub-categories in the 2025 survey
AXA Egypt taps Mohamed Abou Alam as its new managing director
Mohamed Abou Alam (LinkedIn) was appointed as AXA Egypt’s managing director, according to a disclosure (pdf)). Abou Alam has been with the ins. giant since 2016, serving in various positions, most recently as its commercial deputy CEO. Before this, he worked for Chubb, Credit Agricole, and Orient Ins.
Infinity Fabric to set up USD 15 mn factory
PLUS- European Investment Bank is mulling a USD 38 mn equity investment into the EU-Egypt Tanmiya Growth Fund II
October rate cut highly likely amid growing job market risks
The Fed Chair also flagged a potential halt to its quantitative tightening policy
My Morning Routine: Hilda Louca, founder and CEO of Mitcha
I want to grow something that is meaningful, that lasts, and not just a marketplace that sells