Kuwait’s Mobile Telecommunications Company (Zain) has launched Zain Ventures to explore future investment opportunities in the venture capital, financial technology (fintech), and the technology world, with a focus on digital …
Northern Africa
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Northern AfricaSpotlightTelecommunications
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United Arab Emirates-based music streaming app Anghami has announced a new business venture called Lab, a project that will see music studios launched in several major cities across the globe …
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Rotana, one of the leading hotel management companies with hotels across the Middle East, Africa, Eastern Europe and Turkey, has signed new management agreements with Al Marasem Development and Marina …
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Business PoliciesNorthern Africa
Egypt postpones nuclear power plant amid tensions with Russia over Nile dam
Egypt announced the postponement of the completion of the El-Dabaa nuclear plant project to 2030 instead of 2028. Egyptian Nuclear and Radiological Regulatory Authority spokesman Karim al-Adham confirmed in statements …
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Egypt has reached an agreement with the Kuwait Fund for Arab Economic Development for the development of two desalination plants in the new cities of Rafah and Bir al-Abed in …
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Elmenus, Egypt’s largest food ordering platform has raised $10 million in new funding. Founded in 2018 and with about 1.5 million monthly users, the new funding round was led by …
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AgricultureBusiness PoliciesNorthern Africa
Egypt’s table grape exports grew as global demand increases
At a vast grape farm in Sadat City of Menoufia province, north of Cairo, dozens of well-trained workers carefully harvested clusters of grapes dangling beneath the green leaves. Grapes, one …
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New legislation and regulatory changes in Egypt are set to unleash a surge in new fintech investments and change the way the country’s largely unbanked citizens do business, industry players …
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Morocco’s agricultural potential, especially its exports of citrus fruits to the European market has earned it the second position as the supplier of Spanish oranges with over 44,370 tons exported …
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Business PoliciesNorthern AfricaTelecommunications
Facebook to removed fake Ethiopia account network ahead of election
Facebook Inc said on Wednesday it had removed a network of fake accounts in Ethiopia targeting domestic users ahead of next week’s elections, which is linked to individuals associated with …