Energy UAE Exits OPEC+ as Group Holds Production Line. The move comes amid regional tensions, with OPEC+ maintaining output plans while quietly adjusting to the loss of one of... by WAYA Staff - May 4, 2026
Markets Careem Reportedly Winds Down Most Consumer Services in Saudi Arabia The move, if confirmed, signals a shift in one of Careem’s core growth markets, with only mobility services remaining active.... by WAYA Staff - May 4, 2026
Money Edita Secures USD 9.3M Loan to Expand Production Capacity The Egyptian snack giant is doubling down on capacity after a breakout year of growth. Edita is moving to scale.... by WAYA Staff - May 4, 2026
Tech Cursor AI Agent Wipes PocketOS Database in Seconds Cursor AI Agent Wipes PocketOS Database in Seconds, Exposing Risks in Autonomous Systems A rogue AI coding agent deleted a... by WAYA Staff - May 3, 2026
Money Egypt’s Remittances Hit Record High of USD 29.4B Egypt’s remittance inflows are hitting new highs. Remittances from Egyptians working abroad rose 28% year-on-year during July–February of FY 2025/2026,... by WAYA Staff - May 3, 2026
Markets MSC Launches New Route to Bypass Hormuz The world’s largest container carrier is redrawing the map between Europe and the Gulf, replacing a single sea route with... by WAYA Staff - May 3, 2026
Markets SelectUSA Brings the US Market Into One Room. Here Is What Egyptian Companies Can Do With That. The SelectUSA Investment Summit, taking place in Washington D.C., May 3-6, 2026, is the US government’s annual platform for connecting... by WAYA Staff - Apr 30, 2026
Startups Creative Zone Launches Young Entrepreneurs Program With RAKEZ & Mashreq NEO BIZ New UAE initiative bundles setup, banking, and operational support into a single entry point for first-time founders Creative Zone, in... by WAYA Staff - Apr 30, 2026
Money Creators HQ & Alfan Launch USD 1.36M Content Fund. This is Part of a Content Economy Push. The UAE is moving to fund content creation as infrastructure, not just influence. Creators HQ, a dedicated creators’ hub, has... by WAYA Staff - Apr 30, 2026
Startups UAE’s Udora Raises USD 10M and Rebrands from Flowwow. The Local Gifting Marketplace Model Is Scaling Across the GCC. A decade-old gifting platform is repositioning itself for scale in a market that is growing fast and still deeply local.... by WAYA Staff - Apr 30, 2026