BILLIONAIRE Archives

Elon Musk Becomes First Person Worth USD 600B

Elon Musk Elon Musk becomes the first person ever worth USD 600 billion. Forbes attributes this rise to his stakes in Tesla and SpaceX, with the latter preparing for a high-profile IPO. Musk owns about...

by WAYA Staff - Dec 16, 2025

Startups

Morocco Commits USD 140M to Support Its Startup Ecosystem

Morocco Morocco is set to strengthen its startup ecosystem with a USD 140 million (MAD 1.3B) funding package under its...

by WAYA Staff - Dec 16, 2025

Money

Mubadala & Barings Enter USD 500M Real Estate Debt Partnership

Mubadala Mubadala Investment Company, an Abu Dhabi-based sovereign investor, and Barings, a US-based investment manager, launched a USD 500 million...

by WAYA Staff - Dec 16, 2025

Startups

Propeller Launches Kernel Camp to Boost MENA Deep-Tech Founders

Propeller Propeller, a venture capital firm focusing on AI infrastructure, launched Kernel Camp. The program is an eight-week residency for...

by WAYA Staff - Dec 16, 2025

People

Elon Musk Becomes First Person Worth USD 600B

Elon Musk Elon Musk becomes the first person ever worth USD 600 billion. Forbes attributes this rise to his stakes...

by WAYA Staff - Dec 16, 2025

Markets

AD Ports Announces Intent to Acquire Majority Stake in Alexandria Container Company

AD Ports Abu Dhabi’s AD Ports announced its intention to launch a Mandatory Tender Offer (MTO) to acquire an additional...

by WAYA Staff - Dec 16, 2025

Startups

India Accelerator Launches USD 15M Fund to Help Indian Startups Scale in Saudi

India Accelerator India Accelerator (IA), a seed-stage accelerator from India, is taking its startup support beyond the domestic market. The...

by WAYA Staff - Dec 15, 2025

Markets

UAE Issues First License for Online Gaming and Sports Wagering

Wagering The UAE’s General Commercial Gaming Regulatory Authority (GCGRA) has licensed its first internet gaming and sports wagering website. Moreover,...

by WAYA Staff - Dec 15, 2025

Energy

Egypt Signs USD 200M Sustainable Aviation Fuel Deal with Qatar’s Al Mana

Al Mana Egypt has signed a USD 200 million agreement with Qatari conglomerate, Al Mana Holding, to build a sustainable...

by WAYA Staff - Dec 15, 2025

Money

Prince Alwaleed Nears USD 2B Deal to Acquire Al-Hilal

Al-Hilal According to Asharq Al-Awsat, the announcement of Prince Alwaleed bin Talal Alsaud acquiring Al Hilal Club is in its...

by WAYA Staff - Dec 15, 2025

Money

Elsewedy Electric to Invest USD 500M in Saudi Arabia & Qatar

Elsewedy Electric Elsewedy Electric, an electricity giant, has allocated around USD 500 million in investments to establish new manufacturing facilities...

by WAYA Staff - Dec 15, 2025

BILLIONAIRE

Elon Musk Becomes First Person Worth USD 600B

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