startup

Spain’s Glovo targets 50% of Egypt online delivery services in 18 months
Business

Spain’s Glovo targets 50% of Egypt online delivery services in 18 months

CAIRO (Reuters) – Spanish startup Glovo is targeting 50 percent of the online delivery market in Egypt within 18 months…
Alwaleed bin Talal to invest in the $50 million ‘Egypt Ventures’ fund
Economy

Alwaleed bin Talal to invest in the $50 million ‘Egypt Ventures’ fund

Global Saudi investor and businessman Al Waleed bin Talal plans to invest in the Investment Ministry’s $50 million development fund,…
World Bank, Alibaba fund invest in Hong Kong-based fintech startup
Business

World Bank, Alibaba fund invest in Hong Kong-based fintech startup

Hong Kong-based startup CompareAsiaGroup has secured $50 million in funding from investors led by the World Bank’s commercial lending arm,…
Uber CEO Travis Kalanick resigns under investor pressure
World

Uber CEO Travis Kalanick resigns under investor pressure

Uber Technologies Inc Chief Executive Travis Kalanick, co-founder of one of the most influential technology companies of its generation, resigned…
Isolation by the West fuels a tech startup boom in Iran
Technology

Isolation by the West fuels a tech startup boom in Iran

Mostafa Meisami has given up on the farming life, trading his old job raising cattle for a better-paying gig ferrying…
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