Cairo: Valmore Holding (VLMR.CA and VLMRA.CA on the Egyptian Exchange and VALMORE.KW on Boursa Kuwait), one of the MENA region’s leading investment companies, reported today its consolidated results for the quarter and year ended 31 December 2025. Revenues grew 24% year-on-year (y-o-y) to reach USD 685 million for 2025, driven by strong top-line growth across the […]
Beltone Holding is expanding its investment platform with the launch of its Private Equity platform, further strengthening the Group’s multi-stage investment strategy and reinforcing its commitment to supporting startups from Pre-Seed to Pre-IPO. Building on the strong track record established by Beltone Venture Capital in backing high-growth startups at early stages, the new platform represents […]
Egypt- and Saudi-based e-commerce logistics startup Flextock has raised $12.6 million in a Series A round led by TLcom Capital, with participation from Conjunction Capital and Capria Ventures, alongside Access Bridge Ventures, Foundation Ventures, BY Venture Partners, JIMCO, Alter Global, MSA Capital and other investors. Founded in 2021 by Mohamed Mossaad and Enas Siam, Flextock […]
El-Shanwany: The initial approval represents an important strategic milestone in our digital transformation journey and enables customers to fully control their spending while benefiting from a flexible and secure card. Mohamed Gamal: Our collaboration with Banque Misr, Visa, and Modupay reflects our ongoing commitment to delivering reliable and secure solutions that meet customers’ expectations and […]
Cairo-based e-commerce platform Breadfast has secured $50 million in a pre-Series C funding round backed by Mubadala Investment Company, a Saudi billionaire family, SBI Investment Co., and Olayan Financing Company, alongside other venture capital and institutional investors. Founded in 2017 in Cairo by Mostafa Amin, Muhammad Habib, and Abdallah Nofal, Breadfast has evolved from a […]
Mirsad AI is the first AI-native AML compliance engine built for GCC financial institutions and regulatory authorities — and one of the first of its kind worldwide — trained on both fiat and blockchain transaction data, and registered with the Qatar Financial Centre (QFC). Why it matters now: The global AML market is valued at […]
Cairo, Egypt, (10 FEB 2026): Bosta, a key enabler of e-commerce, has announced a strategic collaboration with Mastercard to support small and medium-sized enterprises in Egypt by delivering integrated solutions that aim to accelerate e-commerce growth in line with evolving market needs. Through this collaboration, Mastercard and Bosta will introduce a dedicated discount program for […]
Cairo, Egypt – In a move to reinforce its commitment to delivering differentiated, client-centric banking solutions, QNB Group celebrated the launch of Private Banking services at QNB Egypt. The new offering delivers a fully integrated banking experience tailored to an elite segment of high-net-worth clients, starting with a highly qualified relationship management team dedicated to meeting […]
Halan Visa Card to boost prepaid and instant credit access, as Halan issues over 1 million cards in 2025 and targets 2.5 million in 2026 Cairo, 8 FEB 2026: MNT-Halan, the leading and fastest growing fintech company in Egypt and the MENA region, has announced a strategic partnership with Visa, a world leader in digital […]
Cairo, Egypt — The Arab Republic of Egypt has officially launched “Egypt’s Startup Charter,” a landmark national framework aimed at strengthening the country’s startup ecosystem, mobilizing $1 billion in financing over five years, and enabling sustainable, innovation-led economic growth. The Charter is the outcome of more than a year of extensive consultations involving 15 national […]