• Monday, 25 July 2022

    How are Egypt’s fresh graduates being provided the skills they need for work?

    How are Egypt’s fresh graduates being provided with the skills they need for work? Egypt’s private sector companies seek a range of skill sets in the fresh graduates they hire, with different sectors often having quite specific technical needs, but...
  • Monday, 18 July 2022

    Which skill sets does the Egyptian labor force look for in fresh graduates?

    What skills do Egyptian businesses look for in fresh graduates? The gap between the skill sets needed in Egypt’s labor market and those seen in university graduates is often cited as a reason for relatively low levels of productivity. This...
  • Tuesday, 21 December 2021

    Waste collection startup Bekia plans USD 1 mn Gulf expansion for 1Q2022

    Startup Bekia is looking to raise USD 1 mn to help it expand to the UAE and Saudi Arabia in 1Q2022, CEO Alaa Afifi told Al Mal. The company hopes to close an initial USD 1 mn round in the...
  • Thursday, 2 September 2021

    My Morning Routine: Ramy Khorshed, co-founder and CEO of Sakneen

    Ramy Khorshed, co-founder and CEO of Sakneen: Each week, My Morning Routine looks at how a successful member of the community starts their day — and then throws in a couple of random business questions just for fun. Speaking to...
  • Tuesday, 27 July 2021

    Contact makes first sukuk sale this year

    Contact closes its second EGP 2.5 bn sukuk offering: Contact Financial Holding, formerly Sarwa Capital Holding, has closed its second sukuk issuance worth EGP 2.5 bn, the company said in a statement (pdf). The sharia-compliant mudaraba sukuk carries a seven-year...
  • Monday, 8 February 2021

    Sakneen raises USD 1.1 mn in seed funding round

    Egyptian real estate marketplace Sakneen has raised USD 1.1 mn in an oversubscribed seed funding round led by Algebra Ventures, with “major participation” from Sarwa Capital and Foundation Ventures, according to a statement (pdf). The round also saw participation from...
  • Monday, 15 June 2020

    Sakneen raises USD 150k in pre-seed funding from Y Combinator

    STARTUP WATCH- Egyptian homebuying online platform Sakneen has raised USD 150k in pre-seed funding from US accelerator Y Combinator, co-founders Hussein El Kheshen and Ramy Khorshed told Enterprise in an exclusive interview. The company became one of the very few...

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