Markets BRICS Reaches Out to Egypt: New Development Bank Eyes Projects in Cairo BRICS What is happening? The New Development Bank (NBD), the financial arm of the BRICS group, is considering financing projects... by WAYA Staff - May 8, 2025
Startups Mumbai’s Interior Design Startup Flipspaces Raised USD 35M to Expand to UAE Flipspaces What happened? Mumbai-based interior design startup, Flipspaces, raised USD 35 million. The round was led by Iron Pillar, Prudent... by WAYA Staff - May 8, 2025
Startups Standard Chartered Launches UAE Accelerator to Support Women-Led Startups Standard Chartered What happened? Standard Chartered announced the launch of the 7th cohort of the Futuremakers Women in Tech UAE... by WAYA Staff - May 7, 2025
Markets GAFI Launches “Coffee & Capital” Initiative to Enhance Investor Dialogue Coffee and Capital What happened? The General Authority for Investment and Free Zones (GAFI) launched a new initiative under the... by WAYA Staff - May 7, 2025
Money CI Capital Concludes EGP 2.5B Bond Issuance for Tasaheel Finance CI Capital What happened? CI Capital announced the successful conclusion of the EGP 2.5 billion corporate bond for Tasaheel Finance.... by WAYA Staff - May 7, 2025
Reports Could AI Be What the Environment Needs? Training a single AI model can emit as much carbon as five cars do in their entire lifetimes. As AI... by Malak Mokhles - May 6, 2025
Money iSupply Secures USD 3M Sharia Financing From Bokra for Pharma Distribution iSupply What happened? Bokra, an investment platform, announced a USD 3 million Sharia-compliant financing agreement with iSupply, a platform for... by WAYA Staff - May 6, 2025
Startups Singapore’s XWeave Raises USD 3M to Expand Stablecoin Payments to UAE XWeave What happened ? Singapore-based XWeave raised USD 3 million in seed funding. The round was led by Jungle Ventures... by WAYA Staff - May 6, 2025
Money Foras Acquires 10% Stake in Supply Chain Startup Canater for USD 1M Foras What happened Foras announced the acquisition of a 10% stake in the startup Canater which specializes in providing supply... by WAYA Staff - May 5, 2025
Money Money Fellows Raises USD 13M to Scale Digital Savings Platform in Africa Money Fellows What is happening? Money Fellows raised USD 13 million in a new financing round. The round was led... by WAYA Staff - May 5, 2025