Archer Aviation Archives

US Air Taxi Company Archer Aviation Raises USD 850M to Expand into MENA

Archer Aviation What happened? US-based Air taxi company Archer Aviation raised USD 850 million by selling 85 million shares at USD 10 each. This comes after previously raising USD 430 million in additional equity capital....

by WAYA Staff - Jun 17, 2025

Tech

WhatsApp’s Ad-Free Days Are Over

WhatsApp What is happening? After 11 years since its acquisition, Meta is bringing ads to Whatsapp. Mark Zuckerberg disclosed that...

by WAYA Staff - Jun 17, 2025

Real Estate

UAE’s Prop-AI Raises USD 1.5M to Expand AI Real Estate Investment Platform

Prop-AI What happened? UAE-based Prop-AI secured USD 1.5 million in a pre-seed round, The round was led by Plus VC,...

by WAYA Staff - Jun 17, 2025

Environment

EU and Egypt to Launch Platform to Mobilize USD 5.8B for Green Projects

EU and Egypt The European Union and the Government of Egypt will launch the EU-Egypt Investment Guarantee for Development Mechanism....

by WAYA Staff - Jun 17, 2025

Startups

US Air Taxi Company Archer Aviation Raises USD 850M to Expand into MENA

Archer Aviation What happened? US-based Air taxi company Archer Aviation raised USD 850 million by selling 85 million shares at...

by WAYA Staff - Jun 17, 2025

Startups

Octane Raises USD 5.2M to Scale Fleet Payment Tech in MENA

Octane What happened? Octane raised USD 5.2 million in a funding round led by Shorooq, Algebra Ventures and Elsewedy Capital...

by WAYA Staff - Jun 17, 2025

Startups

OCTA Secures USD 20M to Offer Working Capital to Saudi SMEs

Octa What happened? OCTA secured USD 20 million credit facility from Sukna Fund for Direct Financing (SFDF) to offer embedded...

by WAYA Staff - Jun 17, 2025

Money

Tasheel Launches Now Access to Offer Wage Processing in Saudi

Now Access United International Holding’s Tasheel announced the establishment of ‘Now Access.’ This is a fintech company specializing in providing...

by WAYA Staff - Jun 16, 2025

Money

Almarai Acquires Premium Water Producer Pure Beverages for USD 277M

Almarai What happened? Almarai Co. is acquiring 100% of the shares of Pure Beverages Industry Co. for approximately USD 277...

by WAYA Staff - Jun 16, 2025

Tech

UAE–OpenAI Deal Brings Free ChatGPT Plus to UAE Residents

ChatGPT Plus What happened? The UAE is now offering free access to ChatGPT Plus, a premium version of the AI...

by WAYA Staff - Jun 16, 2025

Startups

XFOLIO Raises USD 2M in a Seed Round from MEVP to Transform Wealthtech

XFOLIO What happened? XFOLIO, a wealth and treasury management platform, closed a USD 2 million seed round. The round was...

by WAYA Staff - Jun 16, 2025

Archer Aviation

US Air Taxi Company Archer Aviation Raises USD 850M to Expand into MENA

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