MENA

Egypt saw highest number of startup deals in MENA during 2019: MAGNiTT
Business

Egypt saw highest number of startup deals in MENA during 2019: MAGNiTT

Leading community platform MAGNiTT in a January 7 report ranked Egypt as the country with the most startup investment deals…
Egypt drops out of list of top 10 countries affected by terrorists
Egypt

Egypt drops out of list of top 10 countries affected by terrorists

Egypt has departed the list of top 10 countries affected by terrorism this year in the 2019 Global Terrorism Index…
US dollar price continues to drop against Egyptian pound
Economy

US dollar price continues to drop against Egyptian pound

The US dollar fell by two piasters on Sunday, having thus decreased 130 piasters since the beginning of 2019, MENA…
MAGNiTT startup platform: Egypt second largest funding recipient in the MENA
Egypt

MAGNiTT startup platform: Egypt second largest funding recipient in the MENA

The MAGNiTT startups platform revealed the MENA region funding deals for startups kicking off in the area, showing that Egypt…
Egypt most popular travel destination for Emiratis in Eid al-Fitr
Egypt

Egypt most popular travel destination for Emiratis in Eid al-Fitr

Egypt ranks first among the most popular tourist destinations for Arab tourists, especially Emiratis, on the Eid al-Fitr holiday according…
Egyptian hotel market sees 34% growth Q1 2019
Economy

Egyptian hotel market sees 34% growth Q1 2019

A report conducted by Colliers’ MENA presented a positive outlook regarding this year’s Egyptian hotel markets including the markets in…
Highlights of the 17th edition of the world Economic Forum
Economy

Highlights of the 17th edition of the world Economic Forum

The World Economic Forum in the Middle East and North Africa took place at Jordan’s Dead Sea on April 6…
IMF chief warns of high Arab public debt
Business

IMF chief warns of high Arab public debt

Public debt has rapidly increased in many Arab countries since the 2008 global financial crisis, due to persistently high budget…
Careem to inject investments up to US $120 million in 2019
Business

Careem to inject investments up to US $120 million in 2019

  Careem CEO Wael Abu al-Ella stated on Saturday that the company would inject investments up to $120 million in…
Spotify launches in the Middle East and North Africa
Technology

Spotify launches in the Middle East and North Africa

  DUBAI (Reuters) – Spotify, the world’s most popular paid music streaming service, officially launched in the Middle East and…
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