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SCZone working on new investor incentives, legislative amendments
LEGISLATION WATCH- SCZone working on new incentives for investors, amendments to special economic zones law: Officials from the Suez Canal…
Egypt based pharma locator Chefaa raises seven figure series A funding
STARTUP WATCH- Egypt-based Chefaa raises seven figure series A funding: AI driven pharmacy locator and on-demand medical delivery platform Chefaa…
Arabic-language learning platform Zedny launches with USD 1.2 mn pre-seed investment
STARTUP WATCH- Zedny launches with USD 1.2 mn pre-seed investment: Arabic-language learning and development platform Zedny.com launches today with a…
Sakneen raises USD 150k in pre-seed funding from Y Combinator
STARTUP WATCH- Egyptian homebuying online platform Sakneen has raised USD 150k in pre-seed funding from US accelerator Y Combinator, co-founders…
CVentures makes undisclosed investment in MagicCube
STARTUP WATCH- CIB’s VC arm CVentures has made an undisclosed investment in US-based mobile security startup MagicCube, according to a…
Our elected representatives want there to be … more MPs
LEGISLATION WATCH- Rejoice, we’re about to have even more MPs: The House of Representatives’ general assembly signed off yesterday on…
SFE mulls investment in state-owned pharma firm
INVESTMENT WATCH- Sovereign fund mulls investment in state-owned pharma firm: The Sovereign Fund of Egypt (SFE) is considering investing in…
Coca-Cola Egypt plans to invest EGP 1 bn this year
INVESTMENT WATCH- Coca-Cola Egypt is planning to invest EGP 1 bn this year to expand production capacity and increase sales…
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