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Letsia emirates holding acquired Payeg
PAYEG was established 2018 to provide paypal solutions in egypt In 2021, Letsia emirates holding acquired Payeg . Letsia has now completed integrating Payeg into the Letsia UAE ecosystem. Payeg now provides access to a range of payment services to its business customers that enables them to accept online payments using both global and local payment methods as well as Paypal soluotions in egypt.
09-11-2021
Happy National Day, UAE!
Exactly 50 years ago today, leaders of the six Emirates of Abu Dhabi, Dubai, Sharjah, Umm Al Quwain, Fujairah, and Ajman came together in Dubai to form the world’s first Arab federation. The seventh emirate—Ras Al Khaimah—joined the alliance three months later in 1972, officially establishing the modern day United Arab Emirates.
02-12-2021
Letsia to Participate in GITEX EUROPE 2025 in Berlin to Showcase its Latest Tech Innovations
Letsia Emirates Holding has announced its upcoming participation in GITEX EUROPE 2025, set to take place in Berlin, Germany, from May 21 to 23, 2025. The event is expected to host a wide range of leading global companies specializing in technology and digital transformation. This participation marks a significant step in Letsia’s global expansion strategy. During the event, the company will showcase a selection of its cutting-edge technology products, including solutions in digital payments, smart applications, and digital transformation services, as well as its programs supporting entrepreneurs and startups. One of the highlights of this year’s participation will be the official announcement of "Letsia AI", a groundbreaking new subsidiary that operates entirely through AI-powered virtual employees. Letsia AI is the first of its kind in the region, offering services in software development, digital marketing, app creation, and data analysis — all without relying on traditional human staff. Letsia will welcome visitors at Hall 5, Booth B-27. Board Member Mr. Mohmed Rabie Moawad will be attending the event on behalf of the company’s leadership to engage in strategic meetings and explore new partnerships with global tech leaders. Letsia affirms that its participation in GITEX EUROPE reflects its commitment to innovation and its vision to lead the digital transformation journey — from the UAE to the world.
20-04-2025
Statements from Letsia’s Chairman: The 2026 ADX Growth Market Listing Will Be a Turning Point
Abu Dhabi – Eng. Mohamed Rabie Moawad, Founder and Chairman of Letsia Holding, affirmed that the company’s planned listing on the Abu Dhabi Securities Exchange (ADX) Growth Market by 2026 will mark a strategic turning point—financially and institutionally—positioning the group for stronger regional and global expansion. Moawad revealed that Letsia has begun concrete readiness measures that go beyond a typical listing announcement, including: Governance uplift: rolling out enhanced internal controls and performance monitoring aligned with international market standards. Regional expansion: preparations to open new European offices in 2025 to support cross-border investments and partnerships. Strategic advisory: a partnership with McKinsey & Company to drive organizational transformation and operational efficiency. Digital transformation: targeted investments in AI and blockchain to strengthen payments and financial services across the group. The group operates a diversified portfolio across vital sectors: Letsia Pay in digital payments (active in the UAE, Egypt, Saudi Arabia, Bahrain, Sri Lanka, and other markets); Rowad Information Technology (RIT) with 15+ years in software and application development; Letsia Business providing corporate development, evaluation, and training services supported by McKinsey; Letsia Youth as a startup incubator and accelerator; Letsia Edu running a British-curriculum international school in Egypt alongside vocational academies; Letsia Kids focused on modern learning methods for children; Letsia Marketing for integrated digital marketing; PAYEG in payments; the 2023 acquisition of SingleHop in hosting and cloud; the marketplace app Wayd; OD Fund connecting entrepreneurs and investors; and Finance Index covering economics and fintech. “The ADX Growth Market listing is not merely financial expansion; it is a structured pathway to scale our governance, technology, and partnerships. We aim to be a strategic contributor to the national economy while consolidating our global footprint,” Moawad said. Letsia currently operates through offices in the UAE, Egypt, Lebanon, the United States, and the United Kingdom, with plans to expand soon into European markets. The company views the listing as a catalyst to unlock sustainable growth and long-term value for stakeholders.
27-09-2025
Letsia Launches (Letsia Forward Program) to Empower the Next Generation of Innovators
In a bold step toward fostering the next generation of tech-savvy entrepreneurs, Letsia proudly announces the official launch of the Letsia Forward Program, a strategic initiative developed and managed through its youth division, Letsia Youth. The program was unveiled as part of Letsia’s ongoing commitment to innovation, digital transformation, and talent acceleration across the MENA region. Mohamed Rabie Moawad, Chairman of Letsia Holding, emphasized that the program will serve as a catalyst for preparing young minds to lead the future of AI-powered businesses and startups. Set to commence on December 15, 2025, the Letsia Forward Program is designed as a structured and immersive training track that will span three months of intensive coaching, mentorship, and real-world application. Participants will gain hands-on experience in startup development, AI integration, MVP building, market research, and investor pitching — all under the guidance of seasoned experts and startup veterans. The program will select 50 high-potential youth participants from diverse academic and professional backgrounds. These individuals will be equipped with the tools and resources necessary to develop innovative solutions in sectors including fintech, edtech, healthtech, and sustainability. As part of the program’s distinctive approach, participants will receive access to Letsia’s ecosystem of companies, tools, AI models, and funding support. In the final phase, selected startups will be given the opportunity to receive seed funding and incubation under Letsia Business. "The Letsia Forward Program reflects our vision for inclusive innovation," said Moawad. "We're not just building businesses — we’re empowering a generation to redefine what’s possible through collaboration, creativity, and intelligent systems." The program marks another milestone in Letsia’s growing portfolio of initiatives aimed at developing talent, empowering communities, and shaping the future of business from the UAE to the world.
11-10-2025
Letsia Forward Program Kicks Off This December: Intensive Training for Arab Youth in Innovation and Entrepreneurship
As part of its strategic vision for a future driven by innovation and knowledge, Letsia announces the launch of its flagship initiative, the Letsia Forward Program, officially starting on December 15, 2025. The program will operate under the Letsia Youth arm and aims to support and empower young individuals between the ages of 18 and 30 across the Arab world. Chairman Mohamed Rabie Moawad confirmed that this initiative marks a transformative step in youth development, designed to offer a fully integrated learning journey. The curriculum includes ideation validation, business modeling, MVP development, digital marketing, and investor readiness training. “This program is about equipping our youth with practical tools and visionary mindset to become global change-makers,” said Moawad. Participants will benefit from interactive modules, live sessions, expert mentorship, and the opportunity to apply for funding through OD Fund, Letsia’s dedicated investment platform. Graduates may also qualify to join the Letsia business incubator and further scale their ventures with strategic support. The program will be delivered bilingually in Arabic and English, through a hybrid model combining online learning, live coaching, and regional events in major cities such as Dubai, Cairo, and Riyadh. Applications are expected to open in November 2025, and all ambitious youth and early-stage entrepreneurs are encouraged to follow official Letsia and Letsia Youth channels for upcoming announcements and eligibility details.
14-10-2025
Letsia Expands Investment Horizons Through Strategic Presence at GITEX 2025
In line with its commitment to exploring cutting-edge digital trends and expanding its investment portfolio, Letsia continues its strategic participation in GITEX Global 2025, currently underway in Dubai. The event, now in its second day, has attracted top global tech firms, innovators, and venture capitalists. Chairman Mohamed Rabie Moawad affirmed that Letsia’s presence this year is driven by a purely investment-oriented vision, with the goal of identifying promising opportunities in artificial intelligence, smart education, fintech, and emerging technologies. The company’s representatives have engaged with forward-thinking startups and innovative solution providers from over 100 countries. As part of its agenda, Letsia’s team attended the Expand North Star 2025—the world’s largest gathering for startups and investors—held under the GITEX umbrella. Since its inception in 2016, the event has seen remarkable growth, with participating startups increasing from 350 to over 2,000, a growth rate of 471%. The number of investors has risen from 150 to 1,200, while international representation has expanded from 39 to over 100 countries. Letsia commended the exceptional organization of the event and expressed gratitude to the Dubai Chamber of Digital Economy for their pivotal role in positioning Dubai as a global hub for the digital economy and innovation. The company also praised the leadership support behind the event, especially the visits by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, underlining the government’s dedication to smart economic transformation. Through its presence at GITEX 2025, Letsia reaffirms its mission to be a key regional force in technology-led investment and a connector between capital, innovation, and impactful change.
14-10-2025
Letsia Launches “Letsia Forward Program” with a Global Summit in Dubai to Empower the Next Generation of Tech and Business Leaders
Letsia Holding has officially announced the launch of its flagship initiative, the “Letsia Forward Program,” beginning with a five-day international summit in Dubai from December 15 to 19, 2025. The event will bring together global experts, investors, educators, and entrepreneurs to mark the start of a comprehensive training journey aimed at developing future leaders in technology, innovation, and entrepreneurship. This launch marks the first phase of an extensive multi-month training program that combines both online (50%) and offline (50%) learning, designed to offer participants a blended educational experience that merges practical application with strategic knowledge. Mohamed Rabie Moawad, Chairman of Letsia Holding, stated that the program represents “a milestone in empowering young talents to drive digital transformation through hands-on learning and visionary leadership.” “The five-day summit in Dubai will serve as a platform for participants to meet global innovators, gain exposure to real-world success stories, and prepare for the in-depth training phase that follows,” Moawad added. Program Objectives: Empower young innovators to transform ideas into scalable, investment-ready ventures. Develop participants’ skills in AI, digital entrepreneurship, and innovation leadership. Create a global network connecting founders, mentors, and investors. Promote sustainable growth through innovation-driven education. Strengthen Dubai’s position as a global hub for entrepreneurship and digital transformation. Training Content: The program’s curriculum includes specialized learning tracks such as: Entrepreneurship & Strategic Business Planning Artificial Intelligence Applications in Business Digital Leadership & Innovation Management Startup Funding & Venture Investment Digital Transformation Strategies Case Studies featuring success models from global tech and education companies Structure & Phases: Phase 1: Opening Summit (Dubai, Dec 15–19, 2025) – interactive workshops, panel discussions, and networking sessions with investors. Phase 2: Applied Training – delivered through Letsia’s digital platform with weekly live sessions led by international mentors. Phase 3: Demo Day – participants pitch their startup projects to a panel of investors and Letsia experts for potential funding and partnership. Expected Outcomes: Accredited Certificate from Letsia Youth and Letsia EDU Practical business plan tailored to each participant’s project Access to Letsia’s global investor network through OD Fund Opportunities for funding and incubation within the Letsia ecosystem Letsia’s Vision: Through the Letsia Forward Program, the group aims to establish a global platform that bridges education, technology, and investment, in line with the Letsia 2030 Strategy to position Dubai as a world leader in innovation and entrepreneurship.
25-10-2025
A Comprehensive Investment Meeting Shapes the Next Phase of Letsia’s Strategic Partnerships
As part of its ongoing efforts to strengthen its regional presence and expand its network of investment alliances, Letsia held a comprehensive investment meeting bringing together a distinguished group of business leaders and investors from various sectors. The aim was to discuss future collaboration opportunities and support the group’s initiatives for the coming phase. The meeting, chaired by Mohamed Rabie Moawad, Chairman of the Board, reaffirmed Letsia’s commitment to building strategic partnerships that accelerate expansion and create added value across its multi-sector projects—particularly in technology, education, digital finance, and entrepreneurship. Mohamed Rabie Moawad stated during the meeting: “We believe that real expansion is not driven by funding alone, but by partnerships founded on forward-thinking ideas and long-term vision. This phase requires working with partners who can bring meaningful value—at the level of concept and execution.” Discussions on New Investment Opportunities The meeting included extensive discussions around several strategic tracks, including: Launching joint ventures in digital payments and smart financial solutions. Expanding vocational education and digital learning programs into new markets. Supporting entrepreneurship platforms and connecting them with local and international investors. Developing AI-powered technology solutions to support SMEs. Exploring expansion opportunities in Gulf countries and South Asia in the upcoming period. Letsia’s leadership also presented to the investors the group’s recent institutional transformation through the establishment of a collective leadership board that brings together diverse expertises. This development further strengthened investor confidence in the group’s ability to make fast, effective decisions and achieve sustainable growth through an integrated institutional vision. Strengthening Strategic Partnerships This meeting comes as part of a series of engagements conducted by Letsia with local and international investment entities, with the aim of building long-term partnerships that support growth plans and enable the group to expand its projects across multiple sectors. Mohamed Rabie Moawad added: “Partnerships are not a complementary option for us; they are a core element of Letsia’s operating model. We seek partners who can think with us—not just fund us. The future will not be built alone, but through a unified ecosystem moving in the same direction.” A Step That Strengthens Letsia’s Regional Position With this step, the group continues to reinforce its position as one of the region’s most dynamic entities in innovation, education, and entrepreneurship. Letsia is also preparing to launch new initiatives that will be announced soon, in collaboration with investors and partners from within and beyond the region.
14-11-2025
Letsia Announces the Launch of Phase Two of Its International Expansion in Digital Education Across Europe and Asia
Letsia announces the commencement of Phase Two of its international expansion in the digital education (EdTech) sector. This step comes following the strong results achieved by the Pilot Program implemented in Vienna, Austria, where 68 students received advanced educational and vocational training supported by artificial intelligence and adaptive learning technologies. Chairman Mohamed Rabie Moawad stated that the first-phase experience in Austria marked a pivotal shift, moving the group from the stage of testing its educational model to the stage of broader implementation. He emphasized that the success of the pilot program “reinforced the model’s ability to integrate into the European educational environment and deliver real value aligned with modern learning standards.” Launch of Professional Training Programs Aligned with the German (Ausbildung) System Letsia has officially begun implementing a series of integrated educational and vocational programs designed to prepare learners for enrollment in Germany’s professional training system (Ausbildung). These programs combine European practical training with advanced digital learning experiences. The current programs include: Nursing and Healthcare Offering practical and theoretical training aligned with European healthcare standards. German Language (A1 – B2) Structured, intensive programs supported by interactive learning tools and adaptive performance analytics. Programming and Software Development Covering software engineering, systems development, and preparation for the European tech job market. Technical and Administrative Professions Including technical crafts, administrative skills, and competencies required in industrial and vocational institutions across Germany and Austria. The new training model integrates: Practical training within European institutions Digital learning via the Letsia Smart Education Platform Continuous evaluation using AI-driven analytical tools Pilot Program Outcomes: The Foundation of the New Expansion Phase The training of 68 students in Vienna demonstrated: High levels of engagement in smart classrooms Strong learner commitment Alignment of content with labor market needs The model’s adaptability to multicultural environments Educational institutions in Austria reported that Letsia’s model shows strong potential for supporting advanced vocational education. Phase Two Expansion Plans: Formal Growth Across Europe and Asia The current phase includes: Ongoing discussions with educational institutions in Germany to expand vocational training programs Developing advanced training modules in healthcare in Austria Collaborations with smart education entities in Malaysia and India Launching new digital platforms specializing in vocational training and interactive learning Creating educational pathways that connect European training models with learners in the Middle East Mohamed Rabie Moawad stated: “We are building a global educational network that enables learners to transition directly from study to profession. Our vision integrates theoretical knowledge, practical training, and AI-powered smart education.” A Step Toward a Unified Global Education Network Phase Two represents a major step toward building an integrated global education network based on innovation, professional training, and digital transformation. Letsia is set to announce additional partnerships and initiatives in the coming weeks.
19-11-2025
Letsia Forward Program Attracts a Record Number of Startup Applications in Its Registration Phase
The Letsia Forward Program has witnessed an unprecedented level of interest from startups and entrepreneurs, with registration numbers exceeding expectations in a short period of time. This surge highlights the program’s position as one of the most influential initiatives supporting innovation and early-stage companies in the region. According to Letsia, the high engagement reflects the growing demand for programs that offer practical solutions for development, investment readiness, and rapid growth—especially in a competitive and expanding innovation ecosystem. A Significant Rise Driven by Market Needs Initial data shows that startups applying to join the program come from a wide range of sectors, including: FinTech Digital Education Smart Solutions E-commerce Consulting Services Consumer-focused Applications The program aims to empower early-stage companies through: Specialized training in business model development Sessions with regional and international investors Support in building the Minimum Viable Product (MVP) Advanced advisory services in planning and growth Connecting startups with global accelerators and corporate partners A Platform for Broader Opportunities Program management has indicated that further updates will be announced soon, including: Opening an additional registration window due to high demand Adding new training tracks in investment and technology New collaborations with investment entities and global partners Launching dedicated events connecting startups with investors Letsia Forward Program aims to become a transformative platform that empowers entrepreneurs, supports scalable projects, and accelerates the journey of startups toward market entry and long-term success.
20-11-2025
Letsia Forward Program Opens the Door for Financial Support and Investment in Top Participating Startups
Letsia Youth—the organizing body and official sponsor of the Letsia Forward Program—has announced the expansion of the program to include direct financial support and the opportunity for investment in selected high-potential startup projects participating in the current edition. This strategic move reflects a major step in Letsia Youth’s role within the entrepreneurship ecosystem, transitioning from offering training and mentorship only to providing real funding and investment opportunities for promising early-stage companies. The expansion aligns with the broader vision of the parent company, Letsia Holding, to build an integrated ecosystem that combines training, development, funding, and investor access—helping entrepreneurs strengthen their chances of success during their early phases. A Comprehensive Approach Combining Training and Funding Through this initiative, the program aims to: Provide seed funding for standout projects within the program Select high-growth startups for direct investment Support founders in building their Minimum Viable Products (MVPs) Accelerate their readiness for investor pitches Connect startups with a network of mentors, experts, and investment partners Selection Criteria for Funded Startups The evaluation process will consider: Innovation and strength of the idea Team readiness and execution capability Market size and scalability Growth potential Financial and operational viability Working teams within Letsia Youth are developing a transparent and fair assessment framework to ensure that the strongest projects receive appropriate financial and investment support. A Step Toward Supporting Founders from the Very Beginning Program management confirmed that this initiative responds to the rising need among entrepreneurs for programs that combine: Professional training Technical and operational support And finally, funding and investment This makes the Letsia Forward Program one of the most comprehensive and impactful initiatives supporting early-stage startups in the region. Preparing to Announce the First Batch of Funded Projects In the coming weeks, Letsia Youth is expected to announce: The startups selected for funding The amount of financial support provided Details of potential investments Plans for incubation and follow-up With this step, Letsia Youth continues to strengthen its position as a leading supporter of entrepreneurs in the region, transforming the Letsia Forward Program into an integrated platform for training, funding, and scalable growth capable of creating real impact in the startup ecosystem.
28-11-2025
Letsia Announces the Launch of OD Fund as an Innovative Investment Platform During the Letsia Forward Program Conference
Letsia Holding, in collaboration with Letsia Youth, has officially announced the launch of OD Fund during the Letsia Forward Program conference. This strategic step aims to support entrepreneurs and enable startups to access investors in a more efficient and professional way. Mohamed Rabie Moawad, Chairman of Letsia Holding, stated that the launch of the platform represents “a significant shift from simply supporting ideas and training entrepreneurs to providing a clear and practical pathway for funding and investment.” He emphasized that OD Fund was designed to act as a direct, transparent, and organized bridge between founders and investors. OD Fund stands as one of the most important new initiatives within the Letsia ecosystem, offering an innovative model that connects startups and investors directly. The platform enables founders to present their projects clearly, outline their funding needs, and reach investors who are actively seeking new opportunities. A Platform Connecting Entrepreneurs and Investors in One Place OD Fund enables founders to: Register their projects and present detailed information about their concepts and growth potential Showcase their funding requirements Communicate directly with interested investors Receive technical and developmental support before reaching the investment stage Meanwhile, the platform provides investors with: A curated library of ready-to-fund startup projects The ability to evaluate each project before initiating contact Insights into growth potential and risks Direct communication channels with founders Powered by Letsia and Letsia Youth The launch of OD Fund is supported by Letsia Holding and Letsia Youth, in alignment with the group’s strategic direction to build an integrated entrepreneurial ecosystem that includes: Training and development Funding and investment Supporting early-stage startups Empowering innovation across the region Introducing OD Fund during the Letsia Forward Program reflects Letsia’s commitment to elevating the level of support provided to entrepreneurs. A New Milestone in the Startup Ecosystem The platform is expected to contribute to: Increasing the number of startups receiving funding Enhancing collaboration between founders and investors Creating a digital environment that helps showcase ideas and discover high-potential projects Strengthening the regional entrepreneurial economy Letsia Youth is set to announce the official opening of project submissions on the platform soon, along with launch campaigns targeting both founders and investors.
30-11-2025
Letsia Youth Continues Its Preparations to Welcome Participants to the Letsia Forward Program
Letsia Youth is intensifying its preparations ahead of the Letsia Forward Program, which is set to launch in approximately 15 days. The event hall is currently undergoing organized and structured setup work, including technical preparations, logistical arrangements, and the design of interactive display areas that will welcome entrepreneurs and participating startups. Organizing teams within Letsia Youth, in coordination with Letsia Holding, are preparing dedicated spaces for presentations, demo areas for showcasing startup projects, and advanced audio-visual systems to ensure a professional and seamless experience for participants and guests. Aesthetic touches are also being implemented throughout the venue, including visual identity elements of the program, reception areas, and digital displays featuring promotional messages about the event and its role in supporting and empowering entrepreneurs during the upcoming phase. Letsia Youth emphasized that the scale of the ongoing preparations reflects the importance of the event, especially as it marks a major milestone in advancing training, development, and connecting entrepreneurs with investors — notably with the official launch of the OD Fund platform during the program. In the coming days, additional behind-the-scenes photos and updates from inside the hall will be shared, showcasing the progress made as the event approaches its official opening.
02-12-2025
Letsia Forward Program Announces the Completion of Participant Selection and Reveals a Major International Expansion Across Three Countries
The Letsia Forward Program has officially announced the completion of its participant selection for the upcoming edition, following an exceptionally strong registration period that witnessed unprecedented demand from entrepreneurs and startups across the region and beyond. This overwhelming response highlights the growing position of the program as one of the leading platforms for startup development and investment readiness. Program management confirmed that the number of applications significantly exceeded expectations, prompting early preparations for the second edition of the program, which is planned to launch shortly after the conclusion of the current edition. The tentative target for the next cycle is June 2026. In a strategic move reflecting the program’s international ambitions, preparations are underway to launch the second edition simultaneously in three countries: United Arab Emirates Arab Republic of Egypt Germany This expansion aims to widen the program’s impact and provide entrepreneurs from different markets with equal access to an integrated training and investment-oriented experience. The Letsia Forward Program delivers a comprehensive entrepreneurial journey that includes business model development, investment readiness, pitch preparation, executive mentoring, and direct access to funding opportunities through the broader Letsia ecosystem. The program is organized under the sponsorship of Letsia Youth, with strategic backing from the parent company Letsia Holding, as part of the group’s long-term vision to build a fully integrated entrepreneurial platform combining training, development, and investment. Mohamed Rabie Moawad, Chairman of Letsia Holding, stated that the remarkable demand for the program reflects a real market need for platforms that go beyond traditional training and focus on building investment-ready companies with real growth potential. He added that the planned simultaneous expansion across three countries represents a major milestone in the program’s evolution and reflects the group’s confidence in the model it has developed. From his side, Jonathan Mark Robert, Deputy Chief Executive Officer of Letsia Holding and Executive Supervisor of the Letsia Forward Program, emphasized that the current edition of the program has demonstrated outstanding levels of commitment, professionalism, and readiness among participating entrepreneurs. He noted that the team is actively working to position Letsia Forward as a truly international platform that operates according to global standards in both training and investor engagement. He further added that the early preparations for launching the program in the UAE, Egypt, and Germany at the same time clearly demonstrate the strategic direction of Letsia toward expanding its real entrepreneurial impact beyond local markets. The early announcement of the second edition and its planned international scope stands as a strong indicator of the success achieved by the current program and confirms Letsia’s strategic direction toward transforming Letsia Forward into a sustainable regional and global platform for building the next generation of entrepreneurs and high-growth startups.
06-12-2025