Egypt’s Breadfast raises $26m

It will also be launching deliveries in Alexandria in early November 2021, with plans to expand into eight new cities across Egypt and Sub-Saharan Africa. (File/Supplied)
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Updated 04 November 2021
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Egypt’s Breadfast raises $26m

  • The startup will use the money to shorten its delivery time from 60 minutes to 20 minutes by growing its network of dark stores. 

RIYADH: Egypt’s grocery delivery startup Breadfast has raised a $26 million Series A round, co-led by Vostok New Ventures and Endure Capital.

JAM Fund, YC Continuity Fund, Shorooq Partners, 4DX Ventures, and Flexport also participated in the funding deal, MAGNiTT reported.

The startup will use the money to shorten its delivery time from 60 minutes to 20 minutes by growing its network of dark stores. 

It will also be launching deliveries in Alexandria in early November 2021, with plans to expand into eight new cities across Egypt and Sub-Saharan Africa. 
Founded in 2017, Breadfast offers delivery of groceries and other household essentials, having initially started its business with a focus on baked goods, to Egyptians across Cairo, Giza, and Mansoura.  


UAE thwarts terrorist cyberattacks targeting vital sectors

Updated 22 February 2026
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UAE thwarts terrorist cyberattacks targeting vital sectors

DUBAI: The UAE successfully prevented terrorist cyberattacks that targeted the country’s digital infrastructure and vital sectors, in an attempt to destabilize the nation and disrupt essential services, state news agency WAM reported.

The UAE Cybersecurity Council said the attacks included attempts to infiltrate networks, deploy ransomware, and conduct systematic phishing campaigns targeting national platforms.

It also involved the exploitation of artificial intelligence technologies to develop sophisticated offensive tools, reflecting a qualitative shift in the methods employed by terrorist groups and their ability to harness modern technologies to carry out digital attacks, WAM reported.

The Council reiterated the country’s national cybersecurity defense system makes sure that the safety of individuals, the protection of personal data and the continuity of critical services remain top priorities.

It further urged the public to report any cyber threats or suspicious attempts to ensure digital security in the country.