Cairo, Egypt – November 29, 2024 The National Security Services Company (SAFE), a leading entity under Saudi Arabia’s Public Investment Fund (PIF) spearheading transformation in the security services sector, has signed a memorandum of understanding (MoU) with Egypt’s eFinance, a premier fintech firm specializing in electronic payment and collection services. The announcement was made during the […]
Dubai, United Arab Emirates – Geidea, a leading provider of digital payment solutions in the Middle East, is set to launch its innovative SoftPos service in Egypt, following a successful two-year rollout in Saudi Arabia and later in the UAE. This expansion marks a significant milestone in Geidea’s strategy to drive digital transformation in the region, […]
In a strategic acquisition, Ayen, the Riyadh-based real estate inspection platform, has acquired the Cairo-based construction technology (contech) startup Elmawkaa in a seven-figure deal. This milestone positions Ayen to expand its portfolio of services, enhancing its market reach and solidifying its presence in the regional real estate and construction sectors. Ayen’s Founder and CEO, Ali […]
Riyadh, Saudi Arabia – October 2024 – Nana, a leading provider of digital shopping solutions in the Kingdom of Saudi Arabia, has announced the acquisition of the “Rasseed” application, a platform specializing in simplifying the purchase of branded and local gift cards. This strategic acquisition marks a significant step forward in Nana’s expansion plan, aligning […]
July 24, 2024 – Kemitt, Egypt’s premier e-commerce platform for furniture and home accessories, has announced its expansion into the Saudi Arabian market. This strategic move comes on the heels of a recently secured funding round, whose amount remains undisclosed, reflecting increasing investor confidence in Kemitt’s innovative business model and strong growth prospects. Since its […]
Arab Bank has introduced a state-of-the-art electronic payment service through its Point of Sale (POS) devices in collaboration with Geidea, a leading fintech and payment solutions provider. This initiative supports Egypt’s Vision 2030 for digital transformation and aligns with the Central Bank of Egypt’s vision for sustainable economic development, emphasizing financial inclusion and accessible financial […]
Egypt based EXITS MENA, a leading fintech advisory and arrangement firm for startups and SMEs in the MENA region, has announced a new strategic partnership project in the Kingdom of Saudi Arabia. This collaboration aims to bolster the company’s commitment to supporting entrepreneurs and startups in the Kingdom. The initiative is supported by a group […]