Edfa Venture Capital Launches “Startup Sync” to Drive Innovation and Connect Egyptian Startups with Investors

Edfa Venture Capital has launched “Startup Sync,” a platform connecting Egyptian startups with investors, providing financial backing, expert advice, and strategic partnerships. The initiative aims to foster growth and innovation, expanding into the Gulf market with support for startups entering Saudi Arabia and enhancing the regional entrepreneurial ecosystem.

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UAE Consumer Spending Sees Strong Growth in Q3 2024, Driven by FMCG and Technology Sectors

UAE consumer spending reached $3.7 billion in Q3 2024, driven by strong growth in FMCG and technology sectors. The rise of back-to-school promotions, digital shopping platforms, and convenience retail fueled this growth, with increasing adoption of online grocery services. The country’s retail landscape shows strong consumer confidence and evolving spending habits.

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Pakistan Government to Revamp Internet Infrastructure and Strengthen Cybersecurity

The Minister of State for IT and Telecom, Shaza Fatima Khawaja, has committed to overhauling Pakistan’s internet infrastructure. The government plans to enhance broadband access, improve coverage, and address cybersecurity challenges to ensure seamless service. Efforts include upgrading systems, enhancing tower intensity, and resolving issues affecting citizens’ internet experience.

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