Connect with us

Now

Falak Startups Hosts Inaugural Demo Day from Thirteen Egyptian Governorates

Published

on

Falak Startups, in partnership with EFG-EV Fintech, announced its official launch to the regional entrepreneurial and investor community through an inaugural Demo Day sponsored by the SANAD Fund for MSME. Fifteen high-growth startups from thirteen governorates presented their refined business models, in an effort to secure funding from Egyptian and regional investors.

Falak (largest startup accelerator in the Middle East and Africa) organized  4-month acceleration program provides entrepreneurs with funding, mentorship, training, and comprehensive all-round support, in order for Egyptian youth  to thrive and compete in the global economy.

“Entrepreneurial success, especially within our young demographic, creates positive spillover effects throughout the entire economy, supports our goal to achieve wider financial inclusion and boosts job creation on the macroeconomic level. It is an essential component in creating a sustainable engine for long-term economic growth.” Said Dr. Sahar Nasr, Minister of
Investment and International Cooperation.

Dr. Shehab Marzban, Chairman of Egypt Ventures and Senior Advisor to the Minister of Investment and International Cooperation also added: “We’re very proud to see our youth develop strong business cases out of mere ideas they came to us with only months ago. Falak Startups will serve as a platform from which we aim to launch numerous acceleration programs, spanning across multiple sector industries. The feedback received today was tremendously positive, and is a strong reflection of the private sector’s support of our mission, as they are key partners in this journey to establish a dynamic, globally-competitive ecosystem”

The event took place at the Golden Room Hall in Prince Mohamed Ali (Manial) Palace, and was attended by y Dr Sahar Nasr, Minister of Investment and international Cooperation, Dr Ali ELMoselhy, Minister of Supply, Dr Rania Al Mashat, Minister of Tourism, Khaled Badawi, Minister of Public Enterprise, Dr Shehab Marzban, Senior Advisor to the Minister of Investment and International cooperation and Chairman of Egypt Ventures, Mohamed Fareed, Executive Chairman at the Egyptian Stock Exchange, General Mohamed Amin, Treasurer of the ‘Tahya Masr’ Fund, MP Amr Ghalab, Chairman of the Economic Committee of the House of Representatives, as well as numerous foreign dignitaries, prominent businessmen and investors, and entrepreneurs.

Some of the startups that participated in the event were Pay Nas, Auto Parts, Masry Market, 3elagi and Olli.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Now

Egypt to Receive $3 billion From World Bank

Published

on

bank

Egypt has made a new financial deal with the World Bank worth 3 billion dollars. This deal was reached after the World Bank took a scrutinize look on the economic reform measures that took place in Egypt. As a result, the World Bank reasserted its support to the government of Egypt and agreed to make the deal.

It is worthy of mention that the last time Egypt had made a deal with such a great amount was back in 2016, when the country secured a loan from the Fund at the World Bank in efforts to help and secure the economic growth of the country.

Continue Reading

Now

Surgery On Conjoined Twins Is Successful Thanks To 3-D Printing

Published

on

twins

The technology of 3-d printing has been used in different industries and we have already seen how useful it can be in terms of possibly making life much easier. This time, the prominent technology has been used to ensure the success of a surgery that was done on conjoined twins in Qatar.

The surgery took nine hours, but thankfully, Hamad and Tamim were both survivors and managed to get through the surgery. The 3-d technology was used in simulations that were conducted before the actual surgery. The 3-d model replicated the twins’ abdomen and liver, which made it easier for the surgeons to anticipated the process of the surgery. You may check the link to the video below.

 

Link to video: https://youtu.be/h4rcptB1enU

Continue Reading

Now

Woman Prevents Man From Entering His Apartment

Published

on

viral

A video has taken social media by a storm of a woman in a luxurious apartment complex in St. Luis. The woman is seen first persistently preventing the man from entering the building by blocking his way and asking him questions. Then, she proceeded to follow him upstairs, up the elevator, and even until the man entered his apartment. The woman later called 911 and brought the police over.

It is suspected that the actions of the woman were taken as such due to the color of the man’s skin. Whatever associations she may have had made it difficult for her to comprehend that the man was a resident in the apartment complex. The interesting question here is can the position of the woman be justified? You can watch the videos that were captured by the man during the encounter through the link below.

 

Video link: https://www.facebook.com/SuccesfulToles/videos/1837381202983084/

Continue Reading
Event Calendar
cinema

Facebook

Fashion

Categories

Top Posts

Trending

X
%d bloggers like this: