Technology
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6.4KCairo-based trucking marketplace Trella joins Y Combinator, eyes regional expansion
Cairo-based trucking marketplace has joined Y Combinator, the startup announced in a statement to MENAbytes, saying that it’s part of YC’s Summer...
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5.2KEgypt’s Fawry goes public with shares soaring 31% on first day, taking market cap to ~$366 million
Eleven-year-old Egyptian electronic payments company Fawry, after months of hype, finally went public on The Egyptian Exchange (EGX) on Thursday in first...
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15.4KOnline dating giant Match Group acquires Egyptian dating startup Harmonica to expand into Muslim-majority markets
Match Group, the online dating giant with a market cap of over $20 billion that owns different dating websites and apps including...
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10.5KExclusive: Delivery Hero’s Carriage shuts down operations in Egypt just five months after the launch
Carriage, the Kuwait-headquartered food delivery company owned by Delivery Hero, has shut down its operations in Egypt just five months after its...
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2.9KSwvl launches free WiFi and online entertainment on its buses in Kenya
Swvl has partnered with a local startup to launch free WiFi and online entertainment on its buses in Kenya, TechCrunch reported today....
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3.2KGitHub blocks partial access for developers in Syria, Iran and other countries under US sanctions
GitHub, the Microsoft-owned world’s largest code hosting platform has blocked partial access for developers in Syria, Iran, and some other countries under...
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4.1KAmazon Web Services (AWS) launches its first Middle East Region in Bahrain
Amazon Web Services (AWS) today announced the opening of AWS Middle East Region in Bahrain. The company that now has 22 geographic...
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3.9KIt’s official: Fawry to list shares on Egyptian Stock Exchange in August, sets IPO price at EGP 6.46
As the previous reports suggested, Egyptian electronic payments company Fawry has announced on Friday that it will list its shares on the Egyptian...
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3.7KDubai-based InsurTech Aqeed launches a Shopify-like platform to help offline insurance brokers sell insurance online
Dubai-based insurance technology startup Aqeed has launched cloud-based tools Aqeed Sales and Aqeed Brokers to help insurance brokers go online, the startup...
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2.6KSoftBank launches $108 billion Vision Fund 2 with Saudi & UAE missing from initial list of LPs
SoftBank has announced the launch of second Vision Fund yesterday with the capital reaching $108 billion, based on MoUs it has signed...