Startups
Saudi-based Kingdom Holding Co. announces a $229m investment in Europe’s asset management company M&G. M&G is a UK-based PLC specializing...
by
WAYA Staff
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Jul 21, 2022
Startups
Magma, Egypt’s sportswear-manufacturer, has been accquired by Mohamed El-Sewedy through venture capital firm Averroes Ventures. The Egypt-based sportswear brand was...
by
WAYA Staff
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Jul 21, 2022
Startups
AfricInvest, Tunisia’s investment and financial services company, closes its joint $112.8m fund with American venture capital firm Cathay Innovation. The...
by
WAYA Staff
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Jul 20, 2022
Money
The African Development Bank approved financing Egypt’s Food Security and Economic Resilience Support Program through a $271m loan. In light...
by
WAYA Staff
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Jul 20, 2022
Energy
TotalEnergies and ADNOC (Abu Dhabi National Oil Company) discuss potentially supplying France with Emirati diesel. During UAE President’s, Sheikh Mohammed...
by
WAYA Staff
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Jul 19, 2022
Energy
Infinity Group, Egyptian renewable energy provider, and infrastructure investor Africa Finance Corporation, acquired Lekela Power, making it Africa’s largest renewable...
by
WAYA Staff
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Jul 19, 2022
Tech
MOTOR announces the launch of its electric vehicle car-sharing platform in the UAE, aligning with its efforts to reduce the...
by
WAYA Staff
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Jul 19, 2022
Startups
Rania Al Mashaat, Egypt’s Minister of Investment and International Cooperation met with representatives from Google and Meta to explore possible...
by
WAYA Staff
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Jul 18, 2022
Money
UAE President Sheikh Mohamed bin Zayed announced a new $186m fund aimed at improving its space programmes as well as its...
by
WAYA Staff
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Jul 18, 2022
Money
During Joe Biden’s latest visit to Saudi Arabia, the two countries signed a range of partnerships covering a variety of...
by
WAYA Staff
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Jul 17, 2022
