Egypt’s investment bank in Frontier and Emerging Markets (FEM), EFG Hermes, announced that it has successfully advised on the first securitized bond...

Saudi Arabian developer Red Sea Global has signed a 25-year concession agreement with France’s EDF and United Arab Emirates’ Masdar to establish its ultra-luxury...

Saudi Arabia-based online marketplace for food surplus, Barakah, announced it secured its seed funding round at a $1.5 million investment, according to the company. The funding round, led...

UAE telecom operator Etisalat by e& will invest at least US$194.4m into the Egyptian market in 2024, the Chief Consumer Officer (CCO) Ahmed Yahia, said...

The statistics agency CAPMAS data showed that Egypt’s annual urban consumer price inflation rate jumped to a higher-than-expected record of 37.4% in August from 36.5%...

The UAE-based Web3 gaming platform GAM3S.GG, formerly Polkastarter Gaming, announced it closed a $2 million Seed funding round, according to the company. Mechanism...

Saudi Arabia’s Public Investment Fund (PIF) announced it completed the sale of its 10.92 percent stake, versus 8,186,455 shares in the National Gas and Industrialization Company...

Mubadala Capital and the Brazilian state-owned petroleum company Petrobras have signed an MOU for potential investment in a biofuel project in Brazil, aiming at transforming the...

The fintech platform myZoi announced it secured US$14 million from SC Ventures and SBI Holdings, and it obtained two regulatory licenses from the Central Bank of...

The Cairo-based digital-led home and décor Dutch company, ariika, announced the conclusion of its Series A equity funding round, secured...