APPS Archives

Careem Super App Reaches 48 Million Users

Careem has announced it now has 48 million users using its Super App to catch rides, order food, deliver items and make payments. The UAE-based ride-hailing app reached the impressive milestone after experiencing a significant...

by WAYA Staff - Dec 27, 2020

Energy

Egypt’s KarmWater inaugurates Marsa Alam’s first solar-powered water desalination plant

KarmWater, the water solutions division of KarmSolar announced the inauguration of the first solar-powered water desalination plant in Marsa Alam, according to...

by WAYA Staff - May 30, 2023

Money

Saudi Arabia’s First Milling Co plans to raise US$266.4m from IPO

Saudi Arabia’s First Milling Company said that it planned to offer 30 percent of its share capital in an initial...

by WAYA Staff - May 30, 2023

Money

Dana Gas gets approval to increase foreign ownership in its shares to 100%

UAE-based energy firm Dana Gas has received regulatory approval to increase foreign ownership in its shares up to 100%, according...

by WAYA Staff - May 30, 2023

Startups

Morocco’s PrestaFreedom raises US$1.1m from Azur Innovation Fund

Morocco-based PrestaFreedom, a home services marketplace, announced it has secured US$1.1 million led by Morocco’s Azur Innovation Fund. PrestaFreedom plans to invest the fund in its...

by WAYA Staff - May 29, 2023

Startups

Egypt’s CardoO launches its first IoT-enabled smartwatch

The Egyptian startup CardoO, specialized in Internet of Things (IoT) devices, announced the launch of its first IoT-Enabled Smartwatch after it raised a...

by WAYA Staff - May 29, 2023

Markets

Two Chinese companies to build US$300m iron complex in SCZone

Egypt’s Suez Canal Economic Zone (SCZone) got an offer from two Chinese companies to build a US$300 million steel complex, according to...

by WAYA Staff - May 28, 2023

Money

Saudi PIF creates US$3b Saudi-Iraqi investment unit

The Saudi sovereign wealth fund PIF has announced it created a new unit to invest in various industries across Iraq, with a capital...

by WAYA Staff - May 25, 2023

Environment

France’s ENGIE to invest US$12b in energy, green hydrogen projects in UAE

France’s ENGIE announced that it will invest an amount of US$12 billion in energy, water desalination and green hydrogen projects in the UAE,...

by WAYA Staff - May 25, 2023

Money

Oman plans to inject US$5b investments in Egypt

The Oman Investment Authority announced its plan to inject US$5 billion in investments in the Egyptian market over the next three years to increase trade exchange and investments...

by WAYA Staff - May 24, 2023

Markets

AstraZeneca plans $US100m investment in Egyptian market

British pharma giant AstraZeneca announced its investment plan in Egypt to up to US$100 million over the coming years, according to...

by WAYA Staff - May 24, 2023

APPS

Careem Super App Reaches 48 Million Users

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