Egypt

Finance

Cairo-Headquartered Beltone Holding Achieves Net Profit Of EGP514 Million In Q1 Of 2024

The company's consolidated financial and operational results for the period ending March 31, 2024 revealed remarkable growth.

Finance

Cairo-Headquartered Fintech Valu Launches Ulter, A Payment Program For Luxury Purchases

Ulter has the highest credit limit in the country, and offers flexible repayment plans spanning up to 60 months with no down payment, subject to the financed amount.

News and Trends

EFG Hermes ONE Becomes The First Financial Platform In Egypt To Receive Financial Regulatory Authority Approval For Its Digital Onboarding Process

With the introduction of this optimized digital onboarding process for investment portfolios up to EGP5 million, investors can now seamlessly register accounts on EFG Hermes ONE to trade on the Egyptian Stock Exchange.

Starting a Business

Startup Spotlight: Egypt-Based NoorNation Offers Renewable Energy Solutions To The Nation's Underserved Areas

NoorNation's flagship product is LifeBox- a solar-powered mobile solution that offers clean electricity and safe water simultaneously for farming businesses.

Starting a Business

The GrEEK Campus And MQR Join Forces To Establish MENA's Largest Member Community Of Entrepreneurs

The merger will support the two partners' members to expand their network, build new relationships, and uncover new business opportunities.

News and Trends

Egypt-Headquartered EFG Hermes Holding Rebrands As EFG Holding To Reflect Its Strategic Transformation Into "A Trailblazing Financial Institution"

The group's new slogan "Realize More" reflects its growth from one of Egypt's first pure-play, independent investment banks to a financial group that now serves people of all income levels and companies of all sizes across 12 markets through the expertise of over 7,100 employees.

News and Trends

The METATUT: a Metaverse Inspired By King Tutankhamun

The first Egyptian city in a virtual world was developed by the Cairo-based platform TUTERA

Growth Strategies

"We Got Funded!" Egypt-Based Money Fellows Raises US$31 Million In Series B Funding Round To Foster Greater Financial Inclusion In The Country

By digitizing the concept of money circles, the startup aims to create opportunities within a largely untapped space in the fintech sector.

Growth Strategies

Keep Growing, Keep Giving: Maha Abouelenein

Armed with lessons learnt through a successful career spanning more than 25 years, this communications-pro-turned-entrepreneur is now authoring her own book.

Finance

"We Got Funded!" Cairo-Based E-Commerce Platform Mazaya Raises US$5 Million Pre-Seed Round

Mazaya was founded in December 2021 with a mission to empower retailers and merchants of electronic goods and home appliances by enabling them to efficiently procure inventory for their stores through the Mazaya app.

Starting a Business

Cairo-Based Goodspace Is Using The Art Of Dance To Build A Tight-Knit Community And A Successful Business

"Some people don't understand that just because we want to give back to the community does not mean that we don't want to be a successful business!"

Entrepreneurs

Against All Odds: Fatma Ghaly, CEO, Azza Fahmy Jewellery

"Every few years, some crisis will happen, but it is how you handle them, and how you adjust to new circumstances that matters."

Entrepreneurs

Egypt's Direct-To-Consumer E-Commerce Platform Dresscode Has Its Eye On The Gen Z Market

Dresscode is a direct-to-consumer fast fashion e-commerce platform, primarily offering high-end brands and statement pieces at affordable prices.

Women Entrepreneur®

Webinar Invite: Against All Odds With Egyptian Actress And Podcaster Tara Emad On August 18, 2022

Tara Emad will share tips on growing her self-confidence and resilience in the next edition of the Against All Odds webinar series, helmed by Entrepreneur Middle East Managing Editor Tamara Pupic.

Entrepreneurs

How A MENA Last-Mile Delivery Company Drove Success In A Country With No Postal Codes

Yalla Fel Sekka co-founders shares how they dealt with economic instability, local competition for talent, and the fact that Egypt doesn't have postal codes.