As the first company approved under Egypt's Startup Charter, Flend leverages a tech-driven platform to unlock financing for SMEs.
Paragon Developments and Saudi Arabia’s Sumou Investment will co-develop a $1.4 billion mixed-use project in East Cairo.
A new regulatory framework outlines how shares can be borrowed, sold, and monitored under tighter risk controls.
US software platform Replit secured $400 million in a Series D round valuing the company at $9 billion.
Germany’s Knauf received approval to acquire a controlling stake in Saudi gypsum manufacturer United Mining Industries.
New York-based fintech KAST secured $80 million in Series A funding to scale its stablecoin payments platform globally.
From halal robo-advisors to blockchain-powered Islamic super apps, a new wave of Sharia-compliant fintechs is scaling fast across the Middle East and they're just getting started.
The raise, led by Balerion Space Ventures, combines $300 million in Series A equity and $200 million debt to expand facilities, grow the team, and advance Haven‑2.
Alpha Wave Global oversees about $29 billion in assets across private and public markets, with stakes in SpaceX, OpenAI and Anthropic.
Paris-based AI startup AMI Labs secured $1.03 billion in one of the largest seed rounds in AI history.
The deal integrates Mitcha’s designers and customers into Converted’s data-driven digital commerce ecosystem.
The initiative allows micro, small, and medium enterprises to receive financing through Fawry’s nationwide branch network.
The company, a spinoff from BIM Ventures, focuses on Shariah-compliant digital microfinance products for individual borrowers.
The fund, launched with Al Naeem Holding, will invest in USD-denominated savings instruments and allow weekly redemptions.
The rules aim to reduce setup and management costs while giving fund managers greater flexibility in structuring investment vehicles.
The planned venture capital and industrial funds aim to address startup funding gaps and support manufacturing growth in Egypt.
