Yaoota.com secures largest investment from GCC for Egyptian tech startup
Abu Dhabi-based KBBO Group recently made the largest investment in an Egyptian technology startup to date with a $2.7 million investment in Yaoota.com, money, says CEO and cofounder Sherif ElRakabawy, that will be partially used to expand to the UAE and Saudi Arabia, capitalizing on the fact that the small emirate has the best infrastructure in place for the market with the highest Internet, mobile device and payment card penetration. Read More »