Markets
EFG Hermes Launches 5 Funds for Retail Investors on EFG Hermes ONE App
EFG Hermes EFG Hermes, an EFG Holding company and investment bank, announced that its asset management arm launched five mutual...
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Money
Saudi’s Jada Fund of Funds Partners with India’s Stride Ventures to Drive Capital into the Kingdom
Jada Fund of Funds Jada Fund of Funds, a subsidiary of the Public Investment Fund (PIF), plans to increase allocations...
Startups
Morocco’s WafR Raises USD 4M Seed Round to Turn Corner Stores Into Financial Access Points
Morocco-based fintech WafR has raised $4 million in an oversubscribed seed round as it scales a model that turns neighborhood...
Startups
Presight–Shorooq’s $100 Million AI Fund Deploys Capital Into Five Startups in First Quarter
Abu Dhabi’s AI capital strategy is beginning to translate into deal flow. The Presight–Shorooq Fund I, a $100 million artificial...
Money
Qasatli Weighs 2027 EGX Listing as Mortgage Financier Seeks USD 20M Raise
Cairo-based Qasatli Mortgage Finance is preparing for a potential initial public offering on the Egyptian Exchange in 2027 as part...
Money
Beltone Expands Into Private Equity as It Deepens Multi-Stage Investment Push
Egypt’s Beltone Holding is launching a private equity platform in the first quarter of 2026, expanding beyond venture capital as...
Startups
Saudi’s Scopely Expands Gaming Push With $1 Billion Loom Deal
Saudi-owned mobile gaming company Scopely has agreed to acquire a majority stake in Turkish studio Loom Games, in a transaction...
