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UPDATE: AWS signals its Mideast services aren’t coming back online soon after taking three drone strikes
Amazon is telling clients to move services out of the Middle East for now
Fresh capital for Nargis as Mubadala deepens Egypt play
Plus: Arcius wagers USD 150 mn on Mediterranean exploration
Flextock raises USD 12.6 mn, aiming to streamline MENA e-commerce logistics
The firm will use the proceeds to expand its operational footprint in Egypt and Saudi Arabia
Banknbox and ASD Smart aim to bridge Sudan’s isolated banking apps by 2026
Plus: Schneider Electric, Zerotech, and AOI to assemble data center units locally, Breadfast raises USD 50 mn in funding round
How online-to-offline strategies are reshaping retail
What looks like a business model is actually a marketing strategy to drive footfall
The guide to getting a good bargain
? If there’s anything every single person on the planet can agree on, it’s this: everyone likes a good bargain.…
Meet our founder of the week: Kenzz’s Ahmad Atef
We wanted to build an e-commerce platform that catered to the masses — local and entirely Egyptian
Nahdet Misr to set up USD 100 mn waste-to-energy plant?
PLUS- Evolve Investment Holding plans to launch four to five new gold investment funds in Egypt
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