Markets
A 4% stake in oil major Saudi Aramco has been transferred from state ownership to Sanabil Investments, which is wholly owned...
by
WAYA Staff
-
Apr 16, 2023
Startups
The Saudi-based fintech savings platform Hakbah has raised a $2 million pre-Series A round to address the savings crisis in the Middle East...
by
WAYA Staff
-
Apr 16, 2023
Money
Abu Dhabi based Ryse Energy, a global leader in decentralized renewable energy systems, announces it has raised a $15 million...
by
WAYA Staff
-
Apr 13, 2023
Money
EFG Hermes, the leading investment bank franchise, announced it closed the issuance of a senior unsecured short-term note for Hermes Securities Brokerage...
by
WAYA Staff
-
Apr 12, 2023
Markets
Saudi Arabia aims at boosting the mining sector, and itensify exploration work for a minieral wealth valued at US$1.3 trillion. Saudi...
by
WAYA Staff
-
Apr 12, 2023
Money
Japanese company Sumitomo Electric Wiring Systems Inc. has obtained a golden license to build the world’s largest factory for the manufacturing of electrical...
by
WAYA staff
-
Apr 12, 2023
Money
Abu Dhabi-listed Emirates Stallions Group (ESG) will seek shareholder approval to sell its share in subsidiary WFC Holding LLC for US$85.6 million....
by
WAYA Staff
-
Apr 11, 2023
Money
The Central Bank of Egypt announced in a statement that the annual core inflation rate declined slightly to 39.5 percent...
by
WAYA staff
-
Apr 11, 2023
Money
Inditex, the Spanish multinational clothing giant, is selling its Russian business to UAE-based Daher Group, after closing 502 stores in...
by
WAYA Staff
-
Apr 11, 2023
Markets
Egypt announced a global bid for the exploration and exploitation of gold and associated minerals for the first time in 2023...
by
Staff WAYA
-
Apr 11, 2023