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Payments, Bureaucracy and Brain Drains: Cairo Stands at a Startup Crossroads

July 13, 2017

When Willie Elamien first showed up in Cairo in 2014, the city’s startup scene was very different than it is now. There was hardly any government support. People rarely saw entrepreneurialism as…

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Istanbul Continues to Grow as a Global Startup Hub – Despite its Sultan’s Power Grab

July 6, 2017

These are strange times in Turkey. In 2015 President Recep Tayyip Erdogan barely clung onto power in an unconvincing election victory,  just two years after popular protesters swept through Turkey from Istanbul’s…

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Rouhani’s Re-Election: A Victory for Moderate Iran, and its Entrepreneurs

May 23, 2017

It’s the economy, stupid. At least, that was the word on the streets of Tehran this Friday, as around 70% of Iran’s 80 million people elected their next President. The Middle Eastern…

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SoftBank Tech Fund Becomes World’s Largest with $93bn War Chest

May 22, 2017

SoftBank has announced that it has raised $93 billion for a new tech investment fund, which will become the largest in history. The Japanese telecoms giant, currently valued at $78.6bn, raised capital for…

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In Kabul, More Women Are Drawn to the Emerging Tech Sector

May 26, 2016

For Fakhria Ibrahimi Momtaz, finding clients for her tech company was just a tiny, first step. It was 2010 and Momtaz’ startup, Momtaz Host, had just registered with the government. Even that…

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Investment Roundup

Saudi Startup Foodics Gets $20m Cash Injection

Saudi Arabian firm Foodics, which has created an all-in-one restaurant

The Exit Report

Israel’s YL Ventures Sells Axonius Stake for $270m, Just a Week After Unicorn Valuation

Israeli venture capital fund YL Ventures has sold its stake in compatriot

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