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Egyptian startups secure funding to boost expansion to Saudi Arabia following a period of stagnation

CAIRO: Startups in Egypt have started to gain momentum with several ventures securing funding to boost expansion efforts to the Kingdom.ย  Following a period of startup funding stagnation, Egyptian founders have made their way back to the regional venture capital space with a flurry of investment deals and expansion strategies already in place.ย  Egyptian fintech startup Waffarha has secured a...
Saudi Arabia Al Qahirah Anastasia Kim Hussein Wahdan Farah Osman Rayan Osseiran

Stellantis eyes expanding product range in Saudi Arabia, CEO says

RIYADH: Dutch-based automobile manufacturing corporation Stellantis is planning to expand its product range in Saudi Arabia by introducing smart cars and light commercial vehicles into the market, an official has revealed.ย  In an interview with Arab News, Samir Cherfan, chief operating officer of Stellantis in the Middle East and Africa, said that the companyโ€™s Dare Forward 2030 plan aims to...
Saudi Arabia Al Qahirah Rayan Osseiran Farah Osman Hussein Wahdan Oleg Dashkevich

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