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Meet our founder of the week: The Food Lab’s Kareem El Daly
The Food Lab’s shared economy cloud kitchens mean that the fixed costs that restaurants incur are shared across multiple brands
Two Egyptian financial companies to set up shop in the Gulf
Good afternoon, friends. Welcome to another relatively brisk news day at home, with some interesting updates on the financial services…
Egypt to start manufacturing FAW EVs in less than a year. PLUS: Pharma, commodities, telecom news
Production will be scaled up over the next three to five years
SoftBank to sink USD 9 bn a year into AI
The move is part of the company’s strategy to double down on AI and semiconductors investments
Coffee With: Karim Hussein, managing partner of Algebra Ventures
“Last year, we were sort of the only ones investing in startups. We had a view on what the true…
OneOrder raises USD 16 mn in a series A round ahead of Gulf expansion
The funds will be used to help OneOrder tap into the GCC markets this fall
How our lives are shaped by technology
Gone are the days of going off the grid. Technology is everywhere, and it’s changing our lives not just with…
Why employees are turning to AI for help (without telling their bosses)
While AI is a valuable tool that can boost efficiency at work, 53% of employees worry that using it makes…
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