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Infrastructure 
Draft SMEs Act gets early nod from House committee
LEGISLATION WATCH- Draft SMEs Act gets early nod from House committee: The proposed SMEs Act, which would provide tax and…
Egyptian healthcare startup Bypa-ss: Consolidating all your medical information onto one card
Imagine being able to carry your entire medical history on a card. The idea is probably not groundbreaking in many…
IFC could invest USD 25 mn in Lorax Capital SME PE fund
INVESTMENT WATCH- IFC could put USD 25 mn into Lorax SME PE fund: The International Finance Corporation could provide USD…
SME Authority to provide EGP 800 mn to convert 10k car engines to natgas
The SME Development Authority is doling out EGP 800 mn to the Natural Gas Vehicles Company (Cargas) and Gastec to…
Egyptian e-commerce platform Gatjed secures USD 250k funding from angel investors
STARTUP WATCH- Egyptian e-commerce platform Gatjed has secured USD 250k in funding from several unnamed Egyptian and Gulf angel investors,…
Tripdizer raises USD 300k in seed round led by 500 Startups
STARTUP WATCH- Tripdizer has raised USD 300k in a seed round led by accelerator 500 Startups, reports Menabytes. The round…
Credit scorer i-Score seeks partnership to export services to Arab countries
Egyptian credit bureau i-Score is looking to enter other Arab markets, and has met with investors from Bahrain and Libya…
EBRD, FRA provide USD 15 mn loan to fund green tech for Egyptian SMEs
EBRD, FDA provide USD 15 mn loan to fund green tech for Egyptian SMEs: The European Bank for Reconstruction and…
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