Startups

Bank Muscat & Derayah Financial Join USD 150M Round for US-Based Alpaca

Alpaca US-headquartered Alpaca raised USD 150 million in a Series D funding round led by Drive Capital. The round also...

by WAYA Staff - Jan 22, 2026

Markets

Ezz Steel Plans USD 1.1B Production Expansion 

Ezz Steel Egypt’s Ezz Steel, the country’s steel giant, plans to invest around USD 1.16 billion (EUR 1B) over the...

by WAYA Staff - Jan 22, 2026

Startups

Saudi’s GBT Raises USD 1.3M to Scale Geospatial AI Solutions

GBT Saudi-based geospatial data company, GulfBoost for Telecommunications and Information Technology (GBT), raised USD 1.33 million in a pre-seed investment...

by WAYA Staff - Jan 22, 2026

Startups

UAE’s Eat App Raises USD 10M to Expand Restaurant Reservation Platform

Eat App UAE-based restaurant and guest management platform Eat App raised USD 10 million in a Series B extension round....

by WAYA Staff - Jan 22, 2026

Startups

NowPay Raises USD 20M to Scale Payroll & Financial Wellness Platform to Saudi

NowPay NowPay, a payroll and financial wellness platform, raised USD 20 million in an investment. “Partnering with Tas’heel allows us...

by WAYA Staff - Jan 22, 2026

Startups

UAE’s A47 Raises USD 2M to Build AI Native News Platform

A47 UAE’s A47 raised USD 2 million in pre-seed funding to accelerate the development of an AI-native news platform. The...

by WAYA Staff - Jan 21, 2026

Startups

UAE’s OpenCX Raises USD 7M to Scale AI Customer Communication Platform 

OpenCX UAE-based OpenCX, an AI-native enterprise customer communication platform, raised USD 7 million in a funding round. The round was...

by WAYA Staff - Jan 21, 2026

Markets

Derayah Financial Goes Commission-Free in the Saudi Stock Market

Derayah Financial Derayah Financial, one of the largest independent brokerage platforms in Saudi Arabia, announced the removal of trading commissions...

by WAYA Staff - Jan 20, 2026

Markets

60% Saudization Now Required in Marketing and Sales Roles 

Saudization Saudi Arabia’s Ministry of Human Resources and Social Development announced the issuance of two decisions to raise Saudization rates...

by WAYA Staff - Jan 20, 2026

Startups

Saudi’s Grove Raises USD 5M to Transform Fresh-Produce Sector

Grove  Riyadh-based Grove secured USD 5 million in a seed funding round. The round was led by Outliers VC with...

by WAYA Staff - Jan 20, 2026