Markets

valU partners with the AOI electronics factory and Zero Tech for security systems

valU, Buy-Now, Pay-Later (BNPL) lifestyle enabling FinTech platform, Arab Organization for Industrialization (AOI), consumer products and electronics manufacturer and Zero...

by WAYA Staff - May 23, 2022

Tech

Highly Anticipated Ethereum merge to take place this August

Preston Van Loon, a core developer of the Ethereum network, announced at the Permissionless conference that the highly-anticipated transition to...

by WAYA Staff - May 23, 2022

Startups

KRUSH Brands’ Locale raises $4.5m in a pre-Series A round

Locale, UAE-based foodpreneur-focused marketplace for virtual restaurants, built by cloud kitchen platform KRUSH Brands raised $4.5 million in a pre-Series...

by WAYA Staff - May 23, 2022

Money

PIF acquires 16.87% of Alwaleed’s Kingdom Holding for $1.5 billion

Saudi Prince Alwaleed bin Talal signed an agreement with Saudi Arabia’s Public Investment Fund to sell 16.87% of his investment firm...

by WAYA Staff - May 22, 2022

Tech

Twitter ups fight against misinformation amid the Ukraine crisis

In response to the Ukrainian crisis, Twitter announced this Thursday that it would be labelling and suppressing misinformation surrounding the...

by WAYA Staff - May 22, 2022

Tech

Blockchain and digitization to take center stage at World Economic Forum 2022

First scheduled for January, the annual meeting of the World Economic Forum is set to take place from May 22...

by WAYA Staff - May 22, 2022

Markets

CBE’s monetary policy committee raises interest rates by 2%

Monetary Policy Committee (MPC) raised the Central Bank of Egypt’s (CBE) overnight deposit rate, overnight lending rate, and the rate...

by WAYA Staff - May 22, 2022

Startups

Jordan’s cloud kitchen Kitchefy raised $325k in a pre-Seed round

Kitchefy, Jordan-based cloud kitchen startup, raised $325k in a pre-seed round. The startup secured the investment from the Oasis 500...

by WAYA Staff - May 22, 2022

Money

Alpha Dhabi to invest $2.5 billion in Alpha Wave Ventures II fund

Alpha Dhabi Holding, investment holding company in the UAE, to invest 9.2 billion AED (which accounts to $2.5 billion) in...

by WAYA Staff - May 22, 2022

Markets

Mastercard and OPay partner to advance financial inclusion in the region

Mastercard and OPay announced a strategic partnership to open up digital commerce to millions of people across Middle East and...

by WAYA Staff - May 19, 2022