News
Thndr Plans Expansion into the GCC as It Eyes Saudi, Dubai & Bahrain
2+ hour, 24+ min ago (496+ words) The investment platform aims to build a single platform for Arab investors to access local, regional, and global markets. Thndr is accelerating its regional expansion strategy as it moves beyond Egypt and deeper into Gulf markets. The company is currently…...
QIA Commits USD 500 M to General Atlantic to Expand Global Growth Investments
3+ hour, 37+ min ago (370+ words) The partnership will support global growth equity investments, Middle East market expansion, and investment collaboration between the two firms. QIA's USD 500 million commitment to General Atlantic highlights how Gulf sovereign wealth funds are continuing to scale their exposure to global…...
Egypt's Central Bank Revises Inflation Outlook Amid Regional Tensions
1+ day, 2+ hour ago (680+ words) The CBE's Q1 2026 report said regional tensions continued to impact inflation, stronger reserves and external buffers supported resilience. Egypt's Central Bank (CBE) released its Q1 2026 Monetary Policy Report. The report outlines the dynamics that influenced the global and domestic economic landscapes in…...
Beltone VC & UAE's Citadel International Holdings' Joint Fund Exit Bosta
1+ day, 5+ hour ago (551+ words) Beltone VC's fifth exit since 2023 highlights continued investor appetite for logistics and e-commerce infrastructure startups in Egypt. Beltone Venture Capital and UAE-based Citadel International Holdings' joint fund has exited Bosta, delivering a reported internal rate of return (IRR) of 75%. The…...
World Bank Grants Egypt USD 1 B to Support Private Sector Job Creation & Green Transition
1+ day, 1+ hour ago (485+ words) The World Bank Group has approved a new USD 1 billion financing package for Egypt. The financing aims to support private sector-led growth, fiscal resilience, and the country's transition toward a greener economy. The financing comes as Egypt continues implementing economic…...
Egypt Education Platform Secures Temporary EGX Listing Approval With USD 37. 8 M Capital
1+ day, 4+ hour ago (388+ words) Education continues to gain momentum as an investment and growth sector in Egypt, and EEP's temporary listing is another example of that momentum. The move also reflects continued efforts by EGX and regulators to expand listings across different sectors and…...
Egyptian Engineers Built the Arab World's First Autonomous Harvesting Robot. Here Is Why That Matters.
2+ day, 1+ hour ago (310+ words) What makes the Egrobots announcement significant, however, is not just that an autonomous harvesting robot now exists in Egypt. It is that Egyptian engineers built it from the ground up. The harvesting robot, therefore, represents the most visible output of…...
Merak Capital Leads $1. 65 Million Round in Hakeem Health to Bring AI Clinical Decision Support to GCC Hospitals
2+ day, 3+ hour ago (243+ words) Merak Capital, a Saudi-based multi-strategy investment firm managing over SAR 3 billion across ten funds, has led a $1. 65 million investment round in Hakeem Health, alongside Sanabil 500. Hakeem Health develops Hakeem Dx, an AI-powered clinical decision support platform. It integrates with hospital…...
Averroes Ventures Targets USD 50 M Fund to Focus on Waste-to-Value Startups - WAYA
2+ day, 4+ hour ago (461+ words) The Egypt-based VC is betting on recycling, industry, and energy startups across MENA, with a Q3 2026 close in sight Averroes Ventures is moving to scale its investment strategy. The Egypt-based firm is preparing to launch a USD 50 million fund targeting startups…...
Open AI and Anthropic Are Building the Same Thing at the Same Time. That Matters.
1+ week, 2+ hour ago (369+ words) Backed by billions and Wall Street firms, two of AI's biggest players are racing to turn adoption into revenue ahead of potential IPOs Open AI and Anthropic are moving in parallel, forming separate joint ventures with major financial institutions to…...