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The tech shaping the Middle East

Much of what the modern world computes with was ignited in this region. MindEast believes it will lead again.

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    The full story behind each MindEast Reel, written from the same checked facts, with every source.

      Built here · Egypt

      Vilartech launches CompanyExit and AppExit, anonymous marketplaces for Egyptian firms

      Cairo software studio Vilartech runs two free marketplaces where owners list companies and digital assets without showing the name. The platforms say they do not verify listings or hold payments.

      What launched

      Launch Base Africa reported on 27 October that Vilartech, a software studio based in Cairo, runs two marketplaces for selling businesses. CompanyExit launched in September 2026 and describes itself as Egypt's first marketplace dedicated to buying and selling registered companies.1

      Its sister site, AppExit, followed on 19 October. It covers apps, websites, SaaS products and source code. Both sites are offered in Arabic and English.1

      How a sale works

      Public listings do not show the company or app name. Buyers accept a non-disclosure agreement, which is a secrecy contract, and submit a request. The owner alone decides who receives detailed information.1,2

      Approved parties communicate on the platform and can share documents through a private data room. Listing is free during the launch period, with no seller commission.1,2

      What the platforms do not do

      The platforms say they do not review or verify company documents, revenue figures, code or ownership. They also say they do not hold payments, provide valuations, run due diligence or give legal or financial advice. Figures in a listing are the seller's own.1

      Due diligence is a systematic vetting process in which parties research a potential deal thoroughly before formal agreements are made. In this model, that work is left to buyer and seller.1,3,4

      The reasoning and the market

      Founder Ibrahim Adel said owners currently rely on groups, brokers and contacts, so a company's name is out before a serious buyer appears. He calls CompanyExit complementary to Exits MENA, an advisory platform for startups and SMEs founded in 2022, and aimed at deals too small for advisory mandates.1

      The article cites the Egypt Startup Ecosystem Report 2026 (ITIDA, JICA, Startup Genome), which it says ranks Egypt first in Africa by number of exits, with 51 liquidity events and $7.4bn in total exit value over five years. It also says GAFI registered 50,607 companies in the 2025/26 fiscal year and 26,521 in the first half of 2026, a 19.8 per cent year-on-year increase.1

      According to the article, Egypt's venture funding reached $604m in 2025 and activity slowed in 2026. Practitioners estimate that liquidating a company takes six to twelve months, including a 120-day window for tax and social insurance clearance.1

      Government plans

      The article says the government recently introduced a National Startup Charter. It includes a planned unified platform for economic entities, covering incorporation to exit. That platform is a plan, not a delivered system.1

      What could not be verified

      • Whether CompanyExit is truly Egypt's first such marketplace: this is the platform's own description.
      • The 51 exits and $7.4bn figures: cited by the article from the ecosystem report, not checked against the report itself.
      • The six to twelve month liquidation estimate: it comes from unnamed practitioners.
      • The number of listings, users or completed sales on either platform.
      • Whether the platforms will charge fees after the launch period.

      Sources

      1. Launch Base Africa, 27 Oct 2026
      2. Zawya (CompanyExit press release)
      3. EBSCO Research Starters
      4. Thomson Reuters Legal Glossary

      Where the region's builders and backers meet.

      Building it, or backing it?

      MindEast explains how the region's technology works, one fact-checked story a day, and connects the people building it with the people backing it, from Casablanca to Beirut to Riyadh.

      Why MindEast

      In 1202, a merchant's son in Pisa finished a book that changed how Europe counted. He had learned the numbers in Béjaïa, a trading port on the Algerian coast where his father worked: the digits zero to nine. They reached the West through this region, along the same trade routes that once carried the Phoenician alphabet across the Mediterranean, alongside the algebra a scholar set down in Baghdad. Much of what the modern world computes with was ignited here.

      Somewhere along the way, the region started exporting its builders. Its engineers left for Silicon Valley, and its founders moved their companies abroad to be taken seriously. Now the tide is turning back East.

      MindEast's biggest bet is the region itself.

      About MindEast

      MindEast follows the technology being built in the Middle East and the founders building it. MindEast publishes a short explainer every day on Instagram, the full story behind each one here, and every week the region's startup funding rounds. The Launchpad introduces the region's founders to the people who back them.

      How MindEast checks

      A funding round is confirmed when the company or its lead investor announced it on their own site, or when two independent outlets agree. Outlets only count as independent if they are different outlets, not owned by the same group, and not both state media of the same country. When sources give different figures, MindEast shows both and says who said what.

      When a company makes claims about its own product, MindEast says they are the company's claims.

      MindEast's rules

      Nobody pays to appear on MindEast. MindEast holds no stakes in the companies it covers, and if that ever changes the page will say so. MindEast's opinions are about technology only and are always labelled. The same rules apply to every country MindEast covers. MindEast's pipeline uses AI to find, check and draft, and a person approves every story before it is published.

      Countries covered

      Corrections

      Spotted a mistake? Message @mindeast.ai on Instagram with the page and what is wrong. Corrections are made on the page and listed here with the date. No corrections yet.

      Ethics

      How MindEast keeps its stories apart from its introductions.

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      Shares in companies MindEast covers
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      How the stories are made

      Every Reel is made with AI from the sources it cites and approved by a person before it goes out. A fact comes from the company's or investor's own announcement, or from two independent outlets. Every country MindEast covers is held to the same rules.

      Spot a mistake? Message @mindeast.ai on Instagram and it is corrected.

      Last updated 27 October 2026.

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      Last updated 28 October 2026.

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