A professional and modern illustration depicting the collaboration between ITIDA and Informatique to enhance software engineering competence. Include

ITIDA and Informatique Sign MoU to Enhance Software Engineering Competence in Egypt

ITIDA and Informatique Education for Technology signed an MoU to enhance software engineering competence in Egypt. The collaboration offers training, consultation, and certification services from ITIDA’s SECC, aiming to upskill employees, develop software products, and promote global standards. This initiative supports Egypt’s position as a leading hub for software development and technology services.

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A dynamic and modern illustration depicting a B2B digital trade platform in Egypt. Include elements like digital connections between retailers, wholes

Cartona Secures $8.1M in Series A Extension to Boost Digital Trade Market in Egypt

Cartona, a B2B platform digitizing Egypt’s traditional trade market, raised $8.1 million in a Series A extension. The funds will accelerate growth, expand market share, and support regional expansion. The company’s asset-light model and strong unit economics have driven substantial growth, now serving over 188,000 retailers across 17 Egyptian cities.

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A modern and dynamic illustration depicting advanced communication services in real estate projects. Include elements like high-speed internet, smart

Al-Attal Properties Partners with Orange Egypt to Provide Advanced Communication Services to Park Lane and West Leaves Projects

Al-Attal Properties has partnered with Orange Egypt to equip its Park Lane and West Leaves projects with advanced communication services through Orange’s Triple Play. This collaboration aims to enhance internet, telephone, and IPTV services, creating smart urban communities with modern infrastructure and sustainable designs in the New Administrative Capital and 6th of October City.

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A modern fintech scene depicting digital banking and financial services. Elements include smartphones with banking apps, digital wallets, financial gr

Egyptian Fintech MNT-Halan Secures $157.5 Million for Global Expansion

Egyptian fintech company MNT-Halan has secured US$157.5 million in funding to support its global expansion. Founded in 2018 to provide digital banking solutions for the unbanked, MNT-Halan’s ecosystem includes business lending, consumer finance, and e-commerce. With over 2.2 million active users, the company aims to extend its innovative financial services internationally.

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A dynamic scene showcasing Egypt's ICT sector advancements, with digital innovation centers, fiber optic cables, and modern mobile towers. The background

Egypt Targets ICT Sector Growth to 8% of GDP by 2030

Egypt plans to boost its ICT sector’s contribution to GDP from 5.8% to 8% by 2030. Minister Amr Talaat emphasized strategic collaborations and investments in submarine cables, cloud computing, and local mobile manufacturing. Initiatives include training programs for 500,000 ICT professionals annually, expanding digital innovation centers, and enhancing digital infrastructure, including broadband coverage and fiber optic networks, to support these goals.

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