Our News
Shorouk News: Fawry’s Revenues from bill payments grow by over 350% in 2011
Cairo, Egypt – January 11th, 2012 By Shorouk Newspaper Fawry, provider of technology for banks and electronic payments, plans to expand its payment network through retail stores, banks and agencies, to cover 100% of the governorates of Egypt by theRead more
Ideavelopers Invests $1 million in Social Games Developer, Nezal
Cairo, Egypt – October 20th, 2011 – Ideavelopers, managers of the Technology Development Fund (“TDF”), led a Series A round with an investment of $1 million in Social Games developer, Nezal. In this investment round Nezal also raised additional fundsRead more
Ideavelopers invests in Egypt’s First Group Buying Website, Offerna.com
Cairo, Egypt – October 2nd, 2011 – Ideavelopers lead a Series A investment round in Offerna, Egypt’s first group buying site. “After surveying the landscape of group buying sites in Egypt, we were extremely impressed with Offerna’s team and vision.Read more
Ideavelopers bets on e-commerce with a 10 million EGP investment in Nefsak.com
Earlier this month, Ideavelopers closed a deal with Sherif Nassar, Founder and CEO of nefsak.com, where Ideavelopers will invest 10 million EGP in his company. Founded in 2008, Nefask has been the fastest growing Egyptian online retailer with sales increasingRead more
We’ve Moved to Heliopolis…
Ideavelopers office has moved to Heliopolis, East of Cairo. Our new address is now: 5 Farid St., off Al Thawra St., Suite 4, Heliopolis, Cairo. Egypt.