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Algebra’s Ziad Mokhtar looks forward to returning to roots as a tech entrepreneur
EXCLUSIVE- MOVES- Ziad Mokhtar, Algebra Ventures’ co-founder and managing partner, is phasing out his involvement in the firm, announcing overnight…
Alex Angels postpones launch of EGP 100 mn fund to November 2020
STARTUP WATCH- Alex Angels is setting up an offshore vehicle to manage its EGP 100 mn startup fund. Alex Angels…
Raya Auto to invest EGP 200 mn in EV production
INVESTMENT WATCH- Raya Auto plans to invest EGP 200 mn in local EV assembly over the next three years: Raya…
Your top education stories of the week
(xxYE) Your top education stories of the week: Higher education: A new phase of the Egypt-Japan University for Sciences and…
Insurtech, crowdfunding startups and other fintech players could soon face new FRA regulations
LEGISLATION WATCH- Insurtech, crowdfunding startups and other fintech players could soon face new FRA regulations: The Financial Regulatory Authority (FRA)…
Fawry receives CBE approval for bank transfer service
Fawry gets CBE nod to partner with state-owned bank for transfer service: E-payments platform Fawry has received preliminary approval from…
Egypt’s Fawry mulls launching emerging tech investment arm in 2021
Egyptian e-payment giant Fawry is considering establishing a new company to invest in emerging technology startups and firms, CEO Ashraf…
Kashier Payments raises undisclosed amount of seed funding
STARTUP WATCH- Egyptian e-payments startup Kashier Payments has raised an undisclosed amount of funding from a group of investors in…
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