Startups
Saudi-based Reachware Concludes USD 3M in Seed Round
· Saudi-based Reachware raised $3 million in a seed round led by Sadu Capital, with backing from 500 Sanabil...
Latest
Energy
TAQA Finalizes USD 463M Acquisition of SWS Holding
-The acquisition allows TAQA to expand its portfolio into the water management sector, enhancing its capabilities in wastewater treatment and...
Money
Saudi Fintech Malaa Concludes USD 17.3M Series A
– Malaa raised $17.3 million in a Series A funding round led by SNB Capital, with participation from Derayah Financial...
Money
UAE Fintech Ziina Secures USD 22M in Series A Funding
– UAE-based fintech Ziina has raised $22 million in Series A funding, led by Altos Ventures, to expand its financial...
Money
Saudi’s Syarah Secures USD 60M Series C to Develop its Marketplace
– Syarah, an automotive e-commerce platform, raised SAR 225 million (USD 60 million) in a Series C round led by...
Money
China to Promote Green Tech to African Leaders as Western Curbs Intensify
– China will urge 50 African nations to boost imports of its goods, such as electric vehicles and solar panels,...
Money
French Saint-Gobain Glass Current Investments in Egypt Total 160M Euros
– French Saint-Gobain Glass Egypt has €160 million in investments in Egypt and exports glass products worth €56 million annually....
Tech
Alibaba Concludes Three-Year ‘Rectification’ Period
– Alibaba Group has successfully completed a three-year rectification process mandated by China’s State Administration of Market Regulation following a...
Money
Egypt’s Central Bank Increases Lending to Government
– Egypt’s central bank increased its lending to the government in the last fiscal year, despite a decline in inflation...
Money
Abu-Dhabi Invictus Investment Expands African Presence with New Acquisition
– Invictus Investment Company, based in Dubai, has agreed to acquire a flour mill in Southern Africa to enhance its...
