Egypt-based Fintech Masroofi Raises $1.5 million
Egypt
Masroofi, an Egyptian financial technology startup, has recently achieved a major milestone by concluding a successful financing round, securing an impressive $1.5 million from...
500 Global and ITIDA Announce Scale Up Program in Egypt to Support Pre-Series A Startups
Egypt
500 Global, one of the world’s most active multi-stage venture capital firms, and The Egyptian Information Technology Industry Development Agency (ITIDA), announced the launch...
US-based Practical VC invests in Egypt’s EXITS MENA
Egypt
Silicon Valley-based venture firm Practical VC has announced its participation in a recent investment round in EXITS MENA, the region's leading investment platform....
Acasia Angels invests in UK medtech Precision Cardiovascular
Egypt
Egypt-based angel investment group “Acasia Angels” has participated in the $750,000 Seed round in UK-based medtech Precision Cardiovascular, along with the company directors and...
Egypt announces five-year tax exemption for startups
Egypt
President Abdul Fattah El Sisi announced the statement during his visit to Borg El Arab Technological University in Alexandria.
The announcement came within Egypt’s current strategy...
