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Saudi-Egyptian alliance mull local startup MazAid stake, while Akhdar, Awfar, and OBM Education secure Saudi funds
The Saudi-Egyptian alliance is looking to acquire nearly half of the homegrown startup
Homegrown chip designer Pearl Semiconductor secures USD 4.5 mn investment. PLUS: Acacia invests in Senegal.
Sawari Ventures, Shorooq Partners, and QBN Capital all invested in the semiconductor company
How a flexible approach to finance can deliver for emerging businesses
Today’s Egyptian tech entrepreneurs still need to judiciously deploy their financial resources
Intella closes USD 3.4 mn seed round led by Saudi VCs
The fresh funds are fueling Intella’s expansion into Saudi
Don’t be the next Instacart, VCs tell startups as Nasdaq newbies tread water
Fears that interest rates will remain higher for longer have hampered the fortunes of recent debutants on the Nasdaq
Orascom, Metito reach financial close for Abu Dhabi desalination project. PLUS news from Dar and Acacia, Banque Misr, Alameda, Siemens Healthineers
The USD 2.2 bn project includes a 500k cbm/day desalination plant and a 75-km water pipeline
Surviving Nuclear Winter: What’s the state of funding in Egypt?
Uncertainty has created a challenging environment for firms looking for funding — and for those looking to deploy capital
Beltone Venture Capital acquires 20% of home decor brand Ariika
Ariika will use the EGP 31 mn in fresh capital to expand in Saudi Arabia and increase export volumes
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