Egypt

63 Articles

Startups

Swvl Raises $13 Million Led by Coefficient to Accelerate Its U.S. Expansion

Swvl has completed a $13 million investment agreement led by Coefficient, backed by the Sawiris family, to fund its expansion in the United States and launch lending services for transport companies and partners. The round increases the share of recurring revenue and strengthens the new investor’s position within the company, with Abdullah Ali joining its board of directors.

2026-08-26

Financial Technology

“Hawiya” Paves the Way for Digital Financial Verification Through Banking Apps in Egypt

Hawiya, a company affiliated with the Central Bank of Egypt, is preparing to launch a pilot phase for a digital financial identity system that enables biometric verification, account opening, data updates, and transaction authentication through participating banks’ applications. The company has not yet specified the final launch date or the names of the banks participating in the first phase.

2026-08-25

Technologies

The National Telecommunications Regulatory Authority Records Varying Improvements in Mobile Network Quality During the Second Quarter of 2026

Measurements by the National Telecommunications Regulatory Authority showed improvements in voice and data quality indicators for Vodafone, Orange, and e&, while the number of areas affected by voice quality issues increased for WE. The measures included approving 799 new stations and measuring coastal roads and major routes.

2026-08-20

Energy and Green Technologies

International Study Proposes Converting Electronic Waste into Materials for Sensor Devices

An international study led by Dr. Tamer Shuaib of The American University in Cairo proposes converting components of electronic, industrial and plastic waste into materials used to manufacture sensors for environmental, health and industrial applications. The vision comes as the world produces about 62 million tons of this waste annually, at a growth rate five times higher than recycling efforts.

2026-08-19

Technologies

Egypt’s Ministry of Industry Launches a Unified Digital Platform to Support Manufacturers and Connect Supply Chains

The unified digital platform for supporting manufacturers brings together complaint services, databases of production inputs, and a marketplace for industrial products, along with an artificial intelligence-based service for preparing a preliminary feasibility study within minutes. Through the platform, the ministry aims to improve responsiveness to factories, deepen local manufacturing, and provide data that helps guide investment and industrial policies.

2026-08-19

Cybersecurity

SIM Cards Registered with Incorrect Details Become a Global Digital Identity Crisis

Experiences in Egypt, India, Ghana and Kenya, along with a study covering seven countries, reveal that a mismatch between a mobile SIM user and its registration data goes beyond a customer service problem to become a regulatory and security challenge linked to fraud and digital identity.

2026-08-18

Technologies

Saxony Egypt University and the Ministry of Labor Launch a Framework for Applied Training and Prepare to Establish an Electric Vehicle Center

Saxony Egypt University and the Egyptian Ministry of Labor signed a cooperation protocol to implement applied training programs and grant accredited certificates, with a focus on the needs of the manufacturing, transport, and services sectors. The cooperation includes a plan to establish a specialized center for training in electric vehicle technologies.

2026-08-18

Startups

Arab Therapy Raises $2 Million in Pre-Series A Round to Expand in Saudi Arabia and the Region

Digital mental health platform Arab Therapy, which provides services in Arabic, has raised $2 million in a pre-Series A funding round led by Manara Ventures, with participation from Anara Impact Fund and Value Makers Studio. The company will use the funding to expand in Saudi Arabia and the region and develop its AI-powered platform.

2026-08-15

Startups

UMAMI Launches AI-Powered LOS Platform with Investment Exceeding $1 Million

Egyptian educational technology company UMAMI has launched the LOS system, a smart infrastructure designed to connect learning, skills, workforce readiness, performance, and institutional decision-making within a single system. The company is supporting the platform’s development and expansion in Egypt and the region through phased investment exceeding EGP 50 million.

2026-08-15