Money Archives - Page 85 of 94

IFC invests $15m in Algebra Ventures to support Egyptian tech startups

IFC today announced an investment in the second fund from Algebra Ventures to support tech startups with access to finance and drive innovation and job creation primarily in Egypt. “We are delighted to see IFC...

by WAYA Staff - Apr 11, 2022

Money

Beltone Just Launched Egypt’s First Regulated Silver Fund

Silver has gained roughly 150% over the past year. Egyptian investors have had no regulated way to access it. Beltone...

by WAYA Staff - Mar 19, 2026

Money

Elsewedy Electric Ramps Up Saudi Expansion as Pipeline Hits USD 3B

Elsewedy Electric Elsewedy Electric, an electricity giant, is intensifying its focus on Saudi Arabia, positioning the Kingdom as a central...

by WAYA Staff - Mar 17, 2026

Money

Wider Consulting to Invest USD 14.3M in Egypt & Saudi to Support Entrepreneurship

Wider Consulting Wider Consulting, a joint Egyptian-Saudi advisory firm, is targeting around USD 14.3 million (EGP 750M) in investments over...

by WAYA Staff - Mar 9, 2026

Money

Saudi’s SAL Acquires Belgium’s Aviapartner Liège SA in USD 32.7M Deal

Aviapartner Liège Saudi Logistics Services Company (SAL) signed a USD 32.7 million (SAR 123M) to acquire the full 100% stake...

by WAYA Staff - Mar 8, 2026

Money

The Egyptian Company That Quietly Doubled Its Revenues. And the Number Everyone Missed.

Raya Holding’s FY2025 results show 41% revenue growth to EGP 63.8 billion. That figure is accurate. It is also the...

by WAYA Staff - Mar 8, 2026

Money

Investcorp Secures USD 1.25B to Buy Stakes in Private Capital Firms

Investcorp Bahrain-based alternative asset management giant Investcorp closed USD 1.25 billion for its Investcorp Strategic Capital Partners II ((ISCP II)...

by WAYA Staff - Mar 8, 2026