Egypt's startup ecosystem attracted $228 million in venture capital and debt financing from January to May 2025, a 130% increase compared to the same period in 2024. The Ministerial Group for Entrepreneurship reported 16 deals, including 11 investments totaling $156 million, while two startups secured $23 million and $49 million in debt financing. Acquisitions like Dubizzle’s purchase of Hatla2ee and MaxAB-Wasoko’s acquisition of Fatora also highlighted activity in the proptech and fintech sectors.

The article highlights significant investment and acquisition activities among MENA startups in fintech, AI, and e-commerce sectors. Key developments include UK-based Ori securing strategic investment from Wa’ed Ventures, UAE-based Dubizzle Group acquiring Hatla2ee, and MANSA securing funding for liquidity solutions. Additionally, Box secures debt financing, and Palm Ventures closes a $30 million fund targeting AI startups. The article also notes strategic partnerships and acquisitions like Pinewood Technologies acquiring Seez, and Oman Investment Authority partnering with Golden Gate Ventures to boost Oman's tech sector.

Dubizzle Group, a UAE-based classifieds unicorn company, has acquired Hatla2ee, an Egypt-based automotive portal. The acquisition aims to grow Dubizzle's automotive presence in Egypt and the wider region. Haider Khan, CEO of Dubizzle Group MENA, emphasized the strategic importance of Egypt in the company's long-term vision. Samy Swellam, CEO of Hatla2ee, highlighted the platform's strong community and the potential for enhanced offerings through this partnership.