رئيس مجلس الإدارة
سعيد اسماعيل
رئيس التحرير
مروة أبو زاهر

رئيس مجلس الإدارة
سعيد اسماعيل

رئيس التحرير
مروة أبو زاهر

Salam Properties Begins Construction at SPD Business Complex After Securing Permits

Salam Properties has officially obtained the necessary construction permits for the SPD

Business Complex, a major commercial and administrative development located in the Second

District of the Fifth Settlement, New Cairo The company has commenced excavation and construction

works at a strong pace, adhering to the highest building standards and ensuring full compliance with all

legal requirements prior to project implementation

Commitment to Timely Delivery and High-Quality Construction

Ahmed Kassem, Vice Chairman and CEO of Salam Properties, confirmed that the construction

progress is on track according to a detailed timeline that the company is strictly committed to

This disciplined approach preserves Salam Properties’ reputation and maintains client trust by

ensuring timely delivery Kassem emphasized that accelerating the pace of construction not only

safeguards the company’s standing but also protects the investments of both Salam Properties

and its clients He highlighted the company’s ongoing dedication to quality and deadline adherence

noting that these principles have been foundational since the company’s inception “Our commitment

goes beyond rapid execution; it includes upholding the highest standards of quality and precision at

every stage of construction,” Kassem stated

Parallel Project Execution Strategy Boosts Efficiency

Salam Properties implements a clear strategy of managing multiple projects simultaneously

allowing for efficient progress across various sites This approach reflects the company’s robust

planning and execution capabilities, enhancing client confidence and demonstrating its capacity

to manage a diverse portfolio of developments with high efficiency

SPD Business Complex: A New Landmark in New Cairo

Dr Moataz Shalaby, Chief Commercial Officer at Salam Properties, described the SPD Business

Complex as a mixed-use commercial and administrative hub designed to become a key architectural

landmark in New Cairo Located in the heart of the Fifth Settlement’s Second District, the project is

positioned to offer a modern, integrated workspace environment. Shalaby emphasized the company’s

vision to deliver innovative projects that combine contemporary design with strategic locations and

comprehensive services Our goal is to create a prime destination for business and investment

supporting entrepreneurs and both local and international companies he explained

Fawry and CDS Solutions Join Forces to Deliver Seamless Payment Integration for Odoo in Egypt

 In a strategic move reinforcing its leadership in Egypt’s digital payments sector, Fawry

the country’s foremost fintech company, has announced a new partnership with CDS Solutions

the certified Golden Partner of Odoo in Egypt This collaboration aims to seamlessly integrate Fawry’s

point-of-sale (POS) systems with Odoo’s cloud-based business management platform, enhancing digital

transformation and operational efficiency for Egyptian businesses

Seamless Integration of Payment Solutions with Odoo Platform

The partnership enables merchants and businesses ranging from medium-sized enterprises

to large corporations to manage payment transactions and generate financial reports smoothly

within the Odoo system Fawry will provide integrated payment acceptance services directly within

Odoo’s platform, while CDS Solutions will offer technical support and act as the integration facilitator

This ensures a reliable and user-friendly payment experience for Odoo clients across all Egyptian governorates

Leadership Insights: Empowering Egypt’s Digital Economy

Bassem Lotfy, Head of Business Development at Fawry, highlighted the significance of the partnership

This collaboration marks a key milestone in our journey, enabling us to integrate our innovative payment

solutions with a globally recognized platform like Odoo through CDS Solutions This integration not only

streamlines financial operations but also fosters growth for thousands of Egyptian businesses

He added Our commitment is to deliver comprehensive digital payment solutions that support Egypt’s Vision

2030 by empowering merchants and consumers with secure, flexible financial services

Echoing this, Eng. Ramadan Khalil, Co-Founder and CEO of CDS Solutions, stated

“With deep expertise in Odoo solutions for retail, food & beverage, and hospitality sectors

CDS has built a proven track record with leading brands in Egypt. Partnering with Fawry, the leader

in digital payments, enables us to offer clients fully integrated and secure payment systems within Odoo

enhancing their operational agility and competitive advantage

Driving Digital Transformation and Market Competitiveness in Egypt

This strategic alliance is part of Fawry’s broader vision to drive digital transformation in Egypt

through partnerships with leading global platforms like Odoo By delivering fully integrated

electronic payment solutions, Fawry empowers companies to boost operational efficiency

and competitiveness in a fast-evolving market This initiative reaffirms Fawry’s commitment

to building a comprehensive digital ecosystem that supports diverse sectors and simplifies

financial and commercial operations for businesses of all sizes

Sorouh Developments obtains approval to add a floor to Entrada project at New Capital

 

Sorouh Developments announced that the Administrative Capital for Urban Development (ACUD) company has approved the addition of a new floor to its Entrada project. This step reflects the trust placed in the company and its projects, while reaffirming its full compliance with all the requirements and standards set by the ACUD.

Sorouh Developments

Eng. Ahmed Harby, CEO of Sorouh Developments, stated that this step adds significant value to the project, boosting its investment appeal while addressing the increasing demand for units.

Harby said that the approval supports the company’s expansion strategy and reinforces its commitment to delivering innovative urban solutions across its projects in the New Administrative Capital.

He noted that the approval reflects ACUD’s confidence in Sorouh Developments’ efficiency and its strict adherence to approved urban plans. This, he added, strengthens the company’s standing as a leading real estate developer both in the market and within the New Capital.

He pointed out that the addition of a new floor will expand the available space and units, meeting customer demand while enhancing investment returns and the project’s overall market value.

 

For his part, Mr. Hany Sonallah, ‏Chief Commercial Officer at the company, said that the Entrada enjoys one of the best residential locations in the New Capital.

 

The compound is situated on the very first plot of land in the R7 district, directly facing the International Exhibition City, next to The Knowledge Hub Universities, and just steps away from the Cathedral. The development consists of a ground floor and eight upper floors.

Sonallah pointed out that the project is located on the main Central Axis Road — a 100-meter-wide road that passes by Al Masa Hotel, the Government District, and the Presidential Palace, extending all the way to the Suez Road. This highlights its proximity to the main routes inside and outside the New Administrative Capital.

He added that the project’s built-up area represents only 19%, featuring the largest proportion of green spaces and landscaping in the capital, along with the largest artificial lakes and one of the lowest loading ratios, starting from just 18%.

He further explained that the project includes a diverse range of units, such as ground-floor units with gardens, typical floors, and duplexes.

 

The company has also focused on providing a wide selection of amenities, including a mixed-use commercial, administrative, and medical mall, a social club, swimming pools, a gym, underground parking across the entire compound, in addition to security, maintenance, and surveillance camera services.

He highlighted the company’s commitment to collaborating with leading entities to ensure the delivery of an innovative and fully integrated project. Accordingly, the company has partnered with Ehaf as the project’s engineering consultant and contracted Mimar Architects to serve as the architectural consultant on-site.

Additionally, Detac and the Spanish company Redcon have been engaged as contractors to execute the project.

He concluded that the company is offering units with flexible spcases ranging from 91 to 250 sqm, along with flexible payment plans starting at 10% down payment and extending up to 10 years.

 

This initiative aims to support clients’ purchasing power and provide financial solutions that enable them to acquire units that meet their needs.

ALJAR Developments Unveils Phase One of Aljar British District in East Cairo

ALJAR Developments has officially launched the first phase of its flagship real estate project

Aljar British District, located in East Cairo The project spans over 70 feddans with total investments

estimated at EGP 20 billion, marking a major milestone in East Cairo’s real estate development landscape

ALJAR Developments: A New Benchmark in East Cairo Real Estate

Dr. Ahmed Abdel Mageed, Member of Parliament and Founder of ALJAR Developments, announced that

the first phase includes approximately 1,200 residential and serviced units. The hotel segment will be managed

by the internationally renowned Concorde Hotels and Resorts, incorporating cutting-edge architectural designs

to meet modern luxury standards Construction is limited to just 25% of the total land area, ensuring that the

majority of the site is dedicated to green spaces, recreational facilities, and outdoor amenities an ideal

environment for integrated community living

Prime Location and Strategic Connectivity

Situated directly on the Suez Road, opposite the Open Air Mall in Madinaty, and just minutes from

the New Administrative Capital and Cairo International Airport, Aljar British District benefits from

unparalleled connectivity Easy access to key traffic arteries such as the Gamal Abdel Nasser Axis

positions the development as a top residential and investment destination in East Cairo

Integrated Educational and Medical District with British Accreditation

A standout feature of the project is its dedicated educational and medical district, covering 25 feddans

which houses Egypt’s first fully accredited British Medical Sciences University Established through a partnership

with the prestigious Aston University and British healthcare company NHMC, this district will offer undergraduate

and postgraduate degrees in medicine and health sciences The university campus will include a hospital

healthcare villages, and modern educational and recreational facilities, with programs scheduled to launch

in September 2027 This initiative targets both Egyptian and international students, marking a pioneering

step in medical education in Egypt

World-Class Design and Smart Community Features

Committed to global standards, ALJAR Developments has collaborated with leading consultancy

firms from Egypt and the region to ensure superior quality and design The project’s commercial

zone is designed by the acclaimed Egyptian architect Raef Fahmy, while the landscape architecture

is managed by Eng Tarek Sobhy, Chairman of Okoplan The residential area features 67 buildings with

basements, ground floors with gardens, four upper floors, and rooftops, all designed to maximize natural

ventilation, daylight, and open space utilization Artificial lakes add to the community’s aesthetic and

environmental appeal

ALJAR Developments

Diverse Residential Units and Flexible Payment Plans

Aljar British District offers a variety of unit types catering to different market needs

One-bedroom apartments 66 to 72 sqm

Two-bedroom units 116 to 132 sqm

Three-bedroom apartments 151 to 188 sqm

The company also provides flexible payment plans starting with only a 5% down payment

and installments extending up to seven years, making luxury living accessible Full project

delivery is scheduled within three years, underscoring ALJAR Developments’ commitment

to timely execution and high-quality standards

Exclusive Launch Offer and Future Prospects

To celebrate the launch, ALJAR Developments is offering a 10% discount on initial prices for early

buyers Dr. Abdel Mageed emphasized that Aljar British District will become a landmark in East Cairo’s

real estate sector, blending luxury living, advanced medical education, and healthcare facilities within

a smart, secure, and integrated community

COMEX Oman 2025 Launches with Strong Egyptian Tech Presence and Regional Digital Growth

Cairo, September 2025 The 34th edition of the COMEX Oman 2025 Global Technology

Exhibition launches tomorrow, running from September 8 to 11 at the Oman Convention and Exhibition

Centre The event is held under the esteemed patronage of His Highness Sayyid Shihab bin Tarik Al Said

Deputy Prime Minister for Defense Affairs Organized by Al Dar Al Arabia for Data Analysis in collaboration

with Oman’s Ministry of Transport, Communications and Information Technology, COMEX 2025 continues

to serve as a premier platform showcasing the latest digital innovations and connecting key technology

stakeholders from across the region and globe

Prominent Egyptian Participation Highlights Egypt’s Role as a Regional Tech Leader

This year, COMEX 2025 features a notable presence of Egyptian technology companies, specializing

in cutting-edge fields such as artificial intelligence (AI), cybersecurity, cloud computing, and financial

technology (fintech) These companies will present innovative industrial and commercial solutions aimed

at expanding their footprint in the growing regional markets This active participation underscores Cairo’s

growing reputation as a regional technology hub and center of innovation in the Middle East and Africa

Egyptian firms are leveraging the exhibition to forge strategic partnerships with Gulf and international

counterparts while attracting investments to fuel expansion efforts in Oman and neighboring countries

Oman’s Digital Transformation Sector Experiences Robust Growth

The launch of COMEX 2025 coincides with a significant surge in Oman’s digital transformation market

which reached an estimated USD 2.72 billion in 2025 Projections indicate growth to USD 4.65 billion by

2030, with a robust compound annual growth rate (CAGR) of 11.36% According to Oman’s national “Tahwul”

digital transformation program, government digital services witnessed an 80% performance increase by May 2025

compared to the previous year. More than 11.4 million electronic transactions were completed across 48 government

agencies, with 96% of targeted services streamlined and 74% digitized, signaling a fast-paced digital evolution

COMEX 2025: A Premier Platform for Innovation, Partnerships, and Industry Growth

COMEX 2025 features specialized pavilions dedicated to e-government, startups, fintech, and e-sports

complemented by a robust schedule of events including the COMEX Summit, panel discussions, innovation

competitions, and awards recognizing outstanding technology projects Mohamed Sami, General Manager

of Al Dar Al Arabia, highlighted that COMEX offers a vital gateway for showcasing breakthrough digital

solutions and serves as a fertile ground for investors, entrepreneurs, and innovators. The event particularly

supports Egyptian startups and SMEs in connecting their products and services to vital investment and

partnership opportunities

Egypt’s Technology Sector Growth Reflected in Regional Engagement

Sami emphasized that the prominent Egyptian presence at COMEX 2025 reflects the rapid advancement

of Egypt’s technology sector, positioning the country as a key player in the global tech ecosystem

Egypt continues to drive Arab technological integration efforts and strengthens the Middle East and North

Africa region’s (MENA) standing on the global digital map

COMEX 2025: A Milestone in Regional Digital Innovation and Transformation

COMEX 2025 marks a pivotal milestone in the digital transformation journey across the Middle East

reinforcing Oman’s status as a regional hub for digital innovation The event also highlights Egypt’s expanding

role as a strategic partner shaping the future of the digital economy and fostering regional technological growth

Mahmoud Sofrata Named Vice President of ICT Markets at Egypt’s ITIDA

Egypt’s Minister of Communications and Information Technology, Dr Amr Talaat

has officially appointed Eng Mahmoud Sofrata as the Vice President for ICT Markets

Development at the Information Technology Industry Development Agency (ITIDA)

The move reflects Egypt’s ongoing efforts to enhance its position as a leading global

hub for digital services and IT outsourcing

Over 25 Years of Global Experience in ICT and Digital Transformation

Eng Mahmoud Sofrata brings more than 25 years of leadership experience in business

development, strategic transformation, and digital innovation, having held senior roles

at major multinational corporations including Honeywell and Hewlett-Packard (HP)

His track record spans multiple regions—Middle East, Africa, Central Asia, Russia, and Turkey

and includes deep expertise in AI-powered solutions, green energy technologies, and technology

entrepreneurship

Driving Industrial Safety, Digital Innovation, and Market Localization

Prior to joining ITIDA, Sofrata served as Regional Director of Industrial Safety at Honeywell

International in Dubai, where he led strategic operations across several high-growth markets

Key accomplishments during his tenure include Launching IoT-enabled safety platforms for high

risk industries such as oil & gas and mining Leading a five-year growth strategy with measurable

sustained results Spearheading industrial localization initiatives, including local manufacturing

in UAE and Saudi Arabia

Championing Digital Transformation in Education and Enterprise Sectors

Sofrata also led major digital transformation initiatives, notably

The Digital Classrooms project

The Device-as-a-Service (DaaS) offering for enterprise clients

These programs helped advance digital infrastructure in both education and enterprise sectors

aligning with Egypt’s broader national strategy for digital inclusion and ICT development

Enabling Talent, Expanding Markets, and Promoting Gender Diversity

Throughout his career, Sofrata has been a strong advocate for local talent development and

leadership diversity, driving

The empowerment of local workforces in emerging markets

Greater representation of women in tech leadership roles

The expansion of IT markets in Africa, Saudi Arabia, and the UAE

Accelerating Egypt’s IT and Offshoring Growth at ITIDA

Since joining ITIDA in 2024 as Director of ICT Markets Development, Mahmoud Sofrata has

made significant contributions to accelerating Egypt’s IT and outsourcing sectors His efforts focused on

Building strategic partnerships with global IT firms

Launching market expansion initiatives to attract FDI

Positioning Egypt as a top destination for IT and BPO services

These achievements align with ITIDA’s mission to strengthen Egypt’s standing in the global digital

economy and create sustainable ICT jobs for future generations

Educational Background and Leadership Philosophy

Mahmoud Sofrata holds a Bachelor’s degree in Electronics and Communications Engineering from

Cairo University He is widely recognized for his talent development strategies, commitment to digital

skills empowerment, and his ability to build and lead high-performing teams across international markets

The appointment of Mahmoud Sofrata as Vice President for ICT Market Development at ITIDA marks a

strategic move by the Egyptian government to accelerate the growth of its ICT industry, attract global

investments, and reinforce Egypt’s role as a regional leader in digital transformation and innovation

Madinet Masr Secures FRA Approval to Establish “SAFE” Real Estate Fund

 In a strategic move that reaffirms its leadership in real estate innovation, Madinet Masr (EGX: MASR.CA), one of Egypt’s leading urban community developers and the first to introduce fractional property ownership to the Egyptian market, announced that the Financial Regulatory Authority’s (FRA) Committee for Establishing and Licensing Companies has approved the establishment of two new entities, which are SAFE Real Estate Fund and SAFE for Securities Promotion, Underwriting, and Real Estate Investment Fund Management.

Madinet Masr

 

This announcement crowns the company’s ongoing efforts to introduce and develop innovative investment solutions in the Egyptian market, in line with evolving regulatory frameworks while reinforcing the real estate sector’s role as a key driver of economic growth.

SAFE (Secure Assets for Fixed Earnings), developed by Minka Development, a subsidiary of Madinet Masr, and launched under the umbrella of Madinet Masr Innovation Labs, is the first platform of its kind in Egypt that enables investors to own fractional shares in real estate.

 

It is also among the first platforms to apply for accreditation under the new regulatory framework for fractional real estate ownership launched by the FRA.

 

This underscores Madinet Masr’s commitment to innovation and to providing safe, flexible solutions that meet the evolving needs of investors, while working alongside the FRA to ensure transparency and investor protection, further enhancing the appeal of the Egyptian real estate market as a secure and sustainable investment destination.

 

The application embodies Madinet Masr’s vision of creating a new model for real estate investment participation, fostering long-term sustainable value, and supporting the sector’s contribution to economic development.

 

 

SAFE is emerging as a reliable and innovative investment channel for income-generating real estate assets. During the first 8 months of its launch in December 2024, SAFE has handled transactions totaling nearly EGP 370 million in

 

inventory value, facilitated the sale of over 7,400 property shares, and attracted more than 70,000 users to date. More than 2,800 investors have begun earning monthly rental yields starting from the month following their investment, with average annual returns of 10%, many of which are linked to the USD exchange rate.

 

These milestones underscore the application’s strong market positioning as one of the fastest growing proptech ventures in Egypt. By offering entry points starting at EGP 50,000 per share, the application is expanding access to real estate ownership while advancing Madinet Masr’s strategic objective of promoting financial inclusion, enabling wealth creation, advancing the sector and supporting long-term sustainable development.

Selim Holding Strengthens Real Estate Team to Drive Hilton Capital Development

Selim Holding Group, owner of Al Mirage Developments, has announced the recruitment of a distinguished team of real estate professionals and emerging talents to spearhead its flagship project, Hilton Capital, located in Egypt’s New Administrative Capital.

Strategic Hires to Accelerate Growth and Innovation

Dr. Mohamed Selim, Chairman of Selim Holding Group, Member of Parliament, and Deputy for African Affairs, emphasized that hiring experienced experts with diverse real estate backgrounds both locally and internationally strengthens the company’s current operations and ambitious expansion plans.

This strategic move supports Selim Holding’s vision of delivering landmark developments, with Hilton Capital as a key milestone.

The new appointments include Mr. Mostafa El-Sayed as Managing Director and official representative of Baker Global USA in Egypt; Mr. Osama El-Gendy as Head of Commercial Sector, bringing over 20 years of experience managing major real estate projects; Mr. Amr El-Marakby as Head of Sales, renowned for his record-breaking achievements; and marketing expert Mr. Tamer Said as Marketing Advisor, tasked with aligning company strategy with the prestigious Hilton Hotels brand.

Driving Excellence and Innovation in Real Estate Development

Dr. Selim noted that these high-caliber hires signify a qualitative boost for the company, reinforcing Al Mirage’s commitment to professional standards in management and development.

This aligns with its expansion ambitions for 2025-2026 and enhances the company’s capacity to deliver innovative, integrated real estate projects.

Upcoming Projects and Strategic Vision

Selim Holding plans to launch several new projects over the next two years, cementing its position as one of Egypt’s fastest-growing real estate developers.

The company prides itself on attracting top talent and forming strong strategic partnerships, especially amid a favorable investment climate and robust regulations supporting financially sound developers.

Hilton Capital Project: Prime Location and Comprehensive Facilities

The Hilton Capital project, featuring the iconic Hilton Tower and Hilton Global Hotel, boasts a prime location overlooking the Green River, directly on Bin Zayed North Axis—the New Administrative Capital’s main artery. The site is conveniently situated five minutes from the New Capital Airport, three minutes from the Ministries and Financial District, and adjacent to key landmarks such as Misr Mosque and the Gold Market.

The mixed-use development includes two floors of retail units, multiple floors of premium office spaces, and a hospitality section operated by Hilton Worldwide.

The two hotels will offer guest rooms, serviced apartments, luxurious sky villas, multi-purpose meeting halls, a fitness center, outdoor swimming pools, a spa, and premium office units. Hospitality and administrative units range from 30 to 95 square meters, with flexible options to combine units for customized spaces.

Award-Winning Architectural Excellence

Notably, the Hilton Tower project was recently shortlisted for the Best Architectural Design Award in Dubai. Designed under the guidance of architect Mohamed Talaat in collaboration with Emirati firm Sendan International, the project reflects exceptional architectural and technical standards, positioning it among the region’s most distinguished developments.

Central Bank of Egypt Reports 76.3% Financial Inclusion Rate as of June 2025

The Central Bank of Egypt (CBE) has announced a notable rise in financial inclusion rates

in Egypt, with 76.3% of the adult population (aged 15 and above) now owning and actively

using financial accounts as of June 2025 This translates to 53.8 million citizens engaging in financial

transactions through bank accounts, Egypt Post accounts, mobile wallets, or prepaid cards, according

to the latest core indicators published by the CBE This marks an increase from 74.8% recorded in

December 2024, reflecting the progress made under the framework of the Financial Inclusion Strategy (2022–2025)

Women’s Financial Inclusion in Egypt Rises to 70%

A key highlight of the report is the advancement in women’s access to financial services in Egypt

with the female financial inclusion rate reaching 70% in June 2025, up from 68.8% in December 2024

This improvement underscores the CBE’s commitment to women’s economic empowerment, in collaboration

with relevant ministries and stakeholders. These efforts aim to increase women’s financial independence

by expanding their access to formal financial tools and services

Youth Financial Inclusion Continues to Improve

Central Bank The financial inclusion rate among youth also showed steady growth, rising to 54.4% in June

2025 compared to 53.1% in December 2024. This increase is fueled by strategic initiatives from the CBE

including the authorization for youth aged 15 and above to open bank accounts, thus promoting early financial

literacy and inclusion

Financial Inclusion in Egypt Grows by 214% Since 2016

From 2016 to mid-2025, financial inclusion in Egypt has expanded by an impressive 214%, highlighting

a major transformation in citizens’ engagement with formal financial systems. This surge is a testament

to the country’s robust policy framework and its dedication to bridging the financial gap across diverse

population segments

Central Bank: Key Pillars and Enablers

The Financial Inclusion Strategy (2022–2025) developed by the Central Bank of Egypt is grounded

in data-driven approaches to monitor and enhance financial inclusion across the nation It focuses

on three main dimensions

Accessibility to financial services

Usage of accounts and services

Quality of financial offerings

To achieve its strategic goals, the CBE emphasizes

Diversification of financial products and services tailored to the needs of various customer

segments (banking and non-banking)

Establishment of inclusive regulatory and legislative frameworks

Promoting the integration of all social segments into the formal financial system

Enhancing financial education and digital transformation

The latest data from the Central Bank of Egypt confirms that the country is on a strong trajectory

toward comprehensive financial inclusion, with continuous efforts aimed at empowering women

engaging youth, and expanding access to reliable and quality financial services for all As Egypt

moves closer to realizing the goals of its Financial Inclusion Strategy 2025, the results reflect a

growing trust in and reliance on the formal financial ecosystem

Intella Secures $12.5 Million Series A Led by Prosus to Scale Market-Leading Arabic Speech Technologies

Funding will accelerate its mission to build AI models and tools tailored to Arabic dialects, deepen its enterprise capabilities and accelerate MENA expansion

Intella, the market leader in dialectal Arabic speech intelligence, today announced it has closed $12.5 million in an oversubscribed Series A round led by Prosus, with participation from 500 Global, Wa’ed Ventures, Hala Ventures, Idrisi Ventures and HearstLab, the investment arm of Hearst Corporation.

Intella

 

The funding will accelerate Intella’s mission to power a digital AI workforce across the Arabic-speaking world. With this new funding, Intella is doubling down on R&D, product expansion, and regional hiring to bring its vision to life.

Founded in 2021 by CEO Nour Taher and CTO Omar Mansour, Intella has emerged as a clear leader in Arabic speech services, offering enterprise-grade transcription, analytics, and AI-powered customer engagement tools tailored to more than 25 dialects. Its proprietary speech-to-text models have achieved a global record accuracy of 95.73%, enabling businesses to move beyond generic AI and deliver localized, human-like conversations at scale.

 

“From day one, our vision has been to bridge the gap between global AI advancements and the Arabic-speaking world,” said Nour AlTaher, Co-founder and CEO of Intella. “This funding from Prosus, a powerhouse investor with deep operational expertise, is a testament to the technology we’ve built and the market leadership we’ve established. It allows us to accelerate our goal of helping every enterprise in the region transform their customer conversations from dark data into a strategic asset.”

“This round is a catalyst for our product roadmap,” added Omar Mansour, Co-founder and CTO of Intella. “Our models already set the benchmark for Arabic accuracy. Now, we’re focused on building truly intelligent, Arabic-first conversational agents capable of multi-turn dialogue and contextual understanding—redefining how enterprises engage with their customers.”

 

Arabic is not monolithic; Modern Standard Arabic is rarely used in everyday speech. Each country, and often each region, relies on its own dialect, creating a fragmented linguistic landscape with over 25 primary dialects and numerous sub-dialects. Intella’s deeply localized, data-driven approach positions it as the foundational intelligence layer for Arabic voice and text applications.

Intella supports a fast-growing portfolio of enterprises across the MENA region, spanning sectors such as finance, telecommunications, and government. The company more than doubled its revenue in 2024 and is on track to 7x growth in 2025. With today’s round announcement, the company has raised over $16.9M in funding.

“The market opportunity in MENA is enormous, with over 7,500 companies and organizations operating across the region and Arabic being the fifth most spoken language globally,” said Robin Voogd, Head of Middle East Investments, Prosus Ventures. “Yet Arabic AI models have historically underperformed—challenged by complex phonetics, a lack of standardized spoken Arabic, and limited access to high-quality dialect-specific data. Intella is changing that. We see a lot of global opportunities to build in AI, and Intella is doing just that. We’re excited to back the company and support its mission of building AI locally, for the Arabic-speaking world.”

Demonstrating its commercial strength, intella unveiled Ziila, its Arabic-born digital human, in a debut partnership for the first time this month with Jumia, Africa’s largest e-commerce platform. Powering a new voice-ordering feature for Jumia customers, the launch marks a significant milestone, proving Ziila’s capability to navigate complex dialects in a demanding, real-world environment.

Further, intella will use the funding to solidify its market leadership and expand its technological edge. The capital will be strategically deployed to:

● Deepen Enterprise Capabilities: Launch its new conversational AI agent, Ziila, to work in tandem with its intellaCX analytics product. This creates a complete product suite that enables enterprises to both analyze conversations and build next-generation, voice-based customer experiences.

● Accelerate MENA Expansion: Scale its go-to-market teams in Egypt and Saudi Arabia to meet the surging demand from the finance, telecommunications, and government sectors.

● Innovate in Arabic-First AI: Continue investing in R&D to push the boundaries of dialectal understanding and further widen the accuracy gap against global competitors.

Gold Investment Opportunities is a pioneering real estate marketing company offering comprehensive lifelong services to its clients.

In a groundbreaking move within the Egyptian market, Gold Investment Opportunities launched the “Gold Life” program, the first initiative providing clients with lifelong integrated services.

Through the Gold Life program, clients enjoy a variety of services, including finishing and furnishing their properties, acquiring a vehicle, and other services that will be announced soon. The program guarantees clients access to services that meet all their needs, ensuring the highest levels of luxury and a happy life for life.

Gold Investment Opportunities

Ahmed Yasser, CEO of Gold Investment Opportunities, explained that the company entered the Egyptian market in 2024. The company’s founders possess extensive experience in the Egyptian market, and the company operates in real estate marketing, promoting projects by major developers.

He emphasized that the company’s goal is not solely to market real estate projects but also to introduce innovative ideas that add value to the Egyptian real estate market and provide services that ensure clients achieve the best living conditions and doubled investment returns.

Ahmed Yasser added that upon launching, the company studied client needs and found that the true need begins from purchasing the property and does not end there. This led to the idea of launching the “Gold Life” program to provide post-purchase services such as finishing, furnishing, and vehicle purchase. The company contracted with leading specialized firms to offer clients discounts and special facilitation.

He clarified that new services will be introduced soon. Once a client joins the Gold Life program, they enjoy lifelong services, which helps build a continuous contractual relationship between the company and clients. They also benefit from discounts and advantages from major companies.

He pointed out that Gold Investment Opportunities aims to become the number one company within 3 to 5 years in providing comprehensive services that ensure the best quality of life for clients.

Ahmed Yasser also mentioned that later, the company will launch another program aimed at providing services for startups and emerging companies interested in real estate marketing. Gold will assist these companies in establishing procedures, providing qualified teams, and setting up professional company management systems, ensuring the training of new generations of real estate companies.

Regarding real estate marketing activities, the CEO stated that the company quickly gained the trust of major real estate developers, achieving significant sales for developers in its first year in the Egyptian market.

The company offers clients of the Gold Life program advisory services to ensure the highest investment returns from their units. The program targets both residential clients and investors.

Regarding the Egyptian real estate market, Ahmed Yasser said that the market is very promising, with increasing demand from both local and foreign investors, including Egyptians working abroad and foreigners. The fourth-generation cities and Egypt Vision 2030 have contributed to making the Egyptian market highly attractive, with real estate investments offering the highest returns, especially when delaying resale decisions.

Mideast Communication Systems (MCS) and East Mediterranean Gas Forum (EMGF) Sign Memorandum of 

Mideast Communication Systems (MCS) and The East Mediterranean Gas Forum (EMGF) have signed a Memorandum of Understanding (MOU) to launch a Cybersecurity Capacity Building Program tailored for members of EmpowerMed Women Network, an initiative founded by EMGF to advance women’s empowerment and leadership.

 

MCS

The agreement was signed by Mr. Osama Mobarez, Secretary General of EMGF, and Eng. Tarek Shabaka, CEO of MCS, during an official ceremony held in Cairo.

Through this MOU, MCS will deliver specialized cybersecurity awareness and training programs that equip members of the EmpowerMed Women Network with practical skills and knowledge to navigate today’s digital challenges confidently.

The program is designed to equip members of the EmpowerMed Women Network with the skills to navigate the challenges of a rapidly evolving digital world. This is especially vital for the energy sector, which is among the most exposed to cyber threats. By building cybersecurity capacity, the initiative empowers women to strengthen digital resilience and play a pivotal role in safeguarding the sector’s future.

Speaking at the signing, Mr. Osama Mobarez, Secretary General of EMGF, said:

 

“Women’s empowerment is a strategic priority for EMGF. Through the EmpowerMed Women Network, we are committed to equipping women with the skills and opportunities needed to lead with impact. Our collaboration with MCS represents a forward-looking step to ensure that our members are not only shaping the energy dialogue, but also strengthening the sector’s resilience against today’s digital and cybersecurity challenges.”

Eng. Tarek Shabaka, CEO of MCS, added:
“We believe that capacity building is the cornerstone of cybersecurity, particularly in strategic sectors such as energy. We are pleased to collaborate with the East Mediterranean Gas Forum in this pioneering initiative, which serves as a model of synergy between the private sector and regional institutions in addressing digital security challenges.”

It is worth noting that the strategic partnership between MCS and the East Mediterranean Gas Forum will encompass several key training areas.

 

These include non-specialized tracks focused on cybersecurity awareness, a dedicated track for IT professionals to learn about the latest threats and defense strategies, as well as a track targeting engineers and system designers to ensure that cybersecurity principles are integrated into system design from the outset
About EMGF
The East Mediterranean Gas Forum (EMGF) is a regional platform for structured dialogue on natural gas policies, bringing together governments, industry leaders, and stakeholders to foster cooperation. EMGF is also deeply committed to gender equality and leadership development through its EmpowerMed Women Network.

About MCS
Mideast Communication Systems (MCS) is a leading regional IT solutions provider, recognized for its advanced portfolio of cybersecurity solutions and training programs. Through its Xpand CS Academy, established in 2022, MCS delivers high-quality cybersecurity training designed to build resilience and prepare professionals for the evolving digital landscape.