Arib Archives

Saudi’s Arib Raises USD 23.5M to Scale Digital Financing Platform

The Saudi fintech is scaling its financing marketplace as demand for digital credit solutions accelerates across the Kingdom. Saudi fintech startup Arib raised USD 23.5 million in a funding round led by Merak Capital, as...

by WAYA Staff - May 19, 2026

Startups

Saudi’s Arib Raises USD 23.5M to Scale Digital Financing Platform

The Saudi fintech is scaling its financing marketplace as demand for digital credit solutions accelerates across the Kingdom. Saudi fintech...

by WAYA Staff - May 19, 2026

Markets

Saudi Arabia & UAE Cut US Treasury Holdings by USD 16.6B in March

Saudi Arabia and the UAE reduced their holdings of US Treasury securities in March, joining a broader global pullback by...

by WAYA Staff - May 19, 2026

Startups

PlayReplay Raises USD 12M to Expand Across the Middle East

The Swedish sports technology company is expanding into Saudi Arabia, the UAE, Qatar, and Egypt supported by a regional partnership...

by WAYA Staff - May 19, 2026

Money

Fawry in Talks for New Acquisition Deals Worth USD 2.4M

The Egyptian fintech giant is pursuing new acquisitions as it looks to expand its technology capabilities and deepen integration across...

by WAYA Staff - May 18, 2026

Startups

GrowthLabs Acquires Startup Gate in USD 657K Deal

GrowthLabs is betting that the MENA startup ecosystem no longer needs more fragmented platforms. It needs infrastructure. The acquisition brings...

by WAYA Staff - May 18, 2026

Markets

Magrabi Retail to Acquire Majority Stake in Egypt’s Baraka Optics

Egypt’s optical retail market is seeing a new consolidation play. Magrabi Retail announced plans to acquire a 51% stake in...

by WAYA Staff - May 18, 2026

Money

Trump Ethics Filing Reveals Up to USD 750M in Trades Across Major US Securities

New ethics filings show extensive trading activity tied to securities linked to companies including Microsoft, Nvidia, Apple, Meta, and Goldman...

by WAYA Staff - May 17, 2026

Startups

UAE’s MGX Joins USD 2.1B Round for UK-Based Isomorphic Labs

The round signals growing Middle East interest in AI infrastructure beyond core computing and data centers. London-based Isomorphic Labs has...

by WAYA Staff - May 17, 2026

Markets

Egypt’s Consumer Finance Market Surges 57% to USD 1.8B

FRA data points to deeper adoption of non-banking finance across lending, investment, insurance, and capital markets as fintech expansion broadens...

by WAYA Staff - May 17, 2026

Startups

Tatweer Misr Is Launching Its Innovation Competition for the Seventh Time. Here Is Why That Number Matters.

Tatweer Misr has launched the seventh edition of its Innovation Competition through a partnership with Egypt’s Entrepreneur Awards (EEA), continuing...

by WAYA Staff - May 14, 2026

Arib

Saudi’s Arib Raises USD 23.5M to Scale Digital Financing Platform

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