How AI can open up Silicon Valley to international investors
Mobile apps are detecting skin cancer. Drones are delivering aid across continents. Artificial intelligence is disrupting every aspect of our lives. The venture capital world is no exception.
VCs are heading in the same direction,...
Jordanian Startup ‘Mawdoo3.com’ Raises $13.5m
Mawdoo3.com, the world's most visited Arabic website with more than 45 million unique users per month, has completed a US $13.5 million Series B round. The raise was led by UK-based Kingsway, with participation...
UAE’s new influencer marketing policy comes into effect
The national media council's law to regulate influencer marketing industry has came into effect on Jun 1. UAE-based social media influencers who are making commercial gains from their online popularity are now requested to...
Link Development Digitalizes Madaar Development Operations In Egypt
Egypt's leading real-estate company, Madaar Development has started digitalizing its operations using a real estate solution known as Microsoft Dynamics 365 which is developed and customized by Link Development, an A15 technology solutions provider.
This...
Egyptian fashion startup, La Reina raises $1 million in a Series A funding round
La Reina, Egypt’s first online fashion rental platform, announced $1 million in a Series A funding round led by Egypt’s largest venture capital fund, Algebra Ventures, with participation from the global VC fund, 500 Startups.
Founded...
Vodafone Egypt tests waters for ‘Ready Digital’
Telecom giant Vodafone Egypt set foot in the digital marketing industry, launching a new service called "Vodafone Ready Digital" – that promises to help small businesses start Facebook pages and reach customers on social...
Court suspends UBER, Careem services in Egypt
A court ruling in Egypt ordered the suspension of Uber (US based) and Careem (Dubai based) services, effective immediately leading to a win for local taxis.
This ruling was as a result of a lawsuit filed a year...
The Hub Advertising Becomes The Ad Store Exclusive Partner in Egypt
The Hub advertising, branding and digital agency has joined the international creative group of independent communication agencies; The Ad Store Human Network, as their exclusive partner in Egypt. With a wide network across 15...
Chef Manal Al Alem becomes the latest investor in Yumamia
Famous TV celebrity, Chef Manal Al Alem has become the latest investor in the Cairo-based food tech startup Yumamia. The total funding for the company since its inception stands at $1.3 million.
The startup has...
Samsung Acquires ‘Kngine’ Cairo-Based AI Startup to Improve Bixby
Samsung Research America recently announced its acquisition of Kngine — an artificial intelligence startup from Egypt. The startup, which was co-founded by two brothers Ashraf and Haytham ElFadeel was started in 2009 and had...
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