Browsing: Egypts

Egyptian logistics technology startup Turuq Innovations has secured seed funding from venture capital firm Den VC to strengthen its operations and expand logistics solutions for e-commerce businesses across Egypt.

People attend the first Alamein Africa Forum in the northern Egyptian coastal city of El Alamein, Oct. 2, 2026. The first Alamein Africa Forum opened Friday in the northern Egyptian coastal city of El Alamein, bringing together around 1,500 African business leaders to discuss investment, trade and economic cooperation. (Xinhua/Xu Haofu)

Halan’s co-founders Mounir Nakhla, CEO, and Ahmed Mohsen, CTO as MNT-Halan plans to offer 320 million shares in its Egyptian business

The new acquiring setup lets merchants accept payments across multiple Gulf markets through one integration.

The Saudi VC firm has partially exited Egyptian logistics startup Bosta, generating a net multiple of nearly 3x on its investment.