The Financial Regulatory Authority (FRA) has granted preliminary approval for two projects focused on credit assessment and trading simulation to join its Regulatory Sandbox (FRA-Sandbox), bringing the total number of projects receiving initial approval since its launch to 11, as per a statement.

Egypt aims to bring at least five local companies to valuations of $1 billion or more within five years, as Minister of Planning and Economic Development Ahmed Rostom called for faster preparation of the regulatory framework for the Unicorn Startups Program, according to a ministry statement.

Minister of Planning and Economic Development Ahmed Rostom outlined plans to develop a joint investment fund to support companies at different stages of their growth.

Amazon.eg is offering two Golden Tickets to entrepreneurs in the new season of Shark Tank Egypt, doubling the number available through its collaboration with the show, according to an emailed press release.

President Abdel Fattah El-Sisi met with Orange CEO Christel Heydemann to discuss expanding the group’s investments in Egypt’s telecom and information technology sectors

Egypt’s Ministry of Communications and Information Technology (MCIT) and US-based technology giant NVIDIA have explored cooperation in artificial intelligence (AI), computing, skills development, research and development (R&D), and support for startups and entrepreneurs, as per a statement.

Egypt-based digital payments company octo has joined the European Bank for Reconstruction and Development’s (EBRD) Star Venture program, gaining access to specialized advisory services and international expertise to advance its growth and expansion plans, as per a press release.

Cairo-based Payments infrastructure provider Paymob has raised $35 million in a pre-Series C funding round to expand its digital payment acceptance business across the Middle East and North Africa (MENA) and introduce new products for small and medium-sized enterprise (SME) merchants and agentic commerce, as per an emailed press release.

Egypt-based startup incubator MINT by EGBANK has partnered with regional entrepreneurship and investment firm Value Makers Studio (VMS) to support Egyptian startups entering and expanding in Saudi Arabia.

Abu Dhabi-based Islamic financial platform Mal has opened its global waitlist, three months after securing in-principle approval (IPA) from the Central Bank of the UAE.

The Micro, Small and Medium Enterprises Development Agency (MSMEDA) signed a memorandum of understanding (MoU) with the Startup Egypt Foundation to provide startups and entrepreneurs with financial, technical, and institutional support.

Egypt’s startup ecosystem is strengthening its position as Africa’s premier hub with solid funding despite global capital constraints and regional headwinds.

Arab Finance Interview with Medea Nocentini, Founder of Companies Creating Change (C3) and Senior Partner at Global Ventures

Egyptian tech startup Simplex, which specializes in the assembly and manufacturing of Computer Numerical Control (CNC) machinery, has inaugurated a new industrial expansion in 10th of Ramadan City.

RiseUp, A15, and BitRoot hosted the first NVIDIA SIGNALS session in Egypt, bringing Egyptian artificial intelligence (AI) founders together with NVIDIA's technical teams, regional NVIDIA Inception startups, and investors at the Grand Egyptian Museum (GEM).

Morpho Investments Fund is considering four investment opportunities in Egypt across the industrial, food, and agricultural sectors, with a combined value of $36 million, Egyptian businessman Mohamed Farouk, one of the fund's shareholders, told Al Arabiya.

Mylerz Egypt, an integrated e-commerce last-mile delivery and fulfillment company, has raised more than EGP 100 million in new debt and equity funding from its existing shareholders to support its expansion in the Egyptian market.

Egyptian digital fleet payment solutions provider Octane has received the Entrepreneurs Award among Egypt's Top 100 Companies at the 11th Amwal Al Ghad Awards Ceremony, "Egypt for the Best Summit 2026," in recognition of its technology-driven contributions to fleet management.

Minister of Investment and Foreign Trade Mohamed Farid met with executives of local startup EVRAID to discuss plans to localize electric vehicle (EV) technology.

Egypt for the Best Summit 2026, held under the patronage of Prime Minister Mostafa Madbouly, honored Ahmed Wadi, Founder and CEO of Money Fellows