Markets

Saudi Widens Access to Parallel Market With New Investor Criteria

Parallel Market Saudi’s Capital Market Authority (CMA) Board approved the expansion of the investor base in the Parallel Market ‘Nomu’....

by WAYA Staff - Nov 27, 2025

Startups

erad Secures USD 125M Facility to Expand SME Financing in GCC

erad Riyadh-based alternative financing platform for SMEs, erad, secured USD 125 million in a credit facility deal. This in partnership...

by WAYA Staff - Nov 27, 2025

Startups

UAE’s Mastiska Raises USD 10M to Advance Sovereign AI Chip Ambitions

Mastiska UAE-based Mastiska raised USD 10 million in a seed funding round mainly from sovereign wealth funds in the GCC. ...

by WAYA Staff - Nov 27, 2025

Real Estate

Price Correction Sweeps Egypt’s Real Estate Market

Price Correction  The Egyptian real estate market has seen a recent wave of price correction after continuous increases in residential...

by WAYA Staff - Nov 26, 2025

Startups

Propeller Launches USD 50M to Back AI Infrastructure Startups in US & MENA

Propeller Rooted in Jordan, Propeller, a venture capital firm focused on AI infrastructure, launched its USD 50M Fund III.  The...

by WAYA Staff - Nov 26, 2025

Money

Drive Finance Signs USD 104M Syndicated Loan to Fund Expansion

Drive Finance  Drive Finance, a subsidiary of GB Capital, signed a syndicated credit facility worth around USD 104 million (EGP...

by WAYA Staff - Nov 26, 2025

Startups

Egypt Ventures Exits InfiniLink Following GlobalFoundries Acquisition

Egypt Ventures Egypt Ventures, investment firm, announced a successful exit from InfiniLink following the startup’s acquisition by GlobalFoundries (GF), US-based...

by WAYA Staff - Nov 26, 2025

Startups

Saudi’s Mnzil Raises USD 11.7M to Provide Workforce Housing Solutions

Mnzil Saudi’s co-living and transportation platform, Mnzil, raised USD 11.7 million (SAR 44M) in a  Series A funding round. The...

by WAYA Staff - Nov 25, 2025

Markets

Egypt’s Budget Car Market Surges After Price Drops

Budget Car Market Due to a series of drops in prices in the Egyptian car market over the past six...

by WAYA Staff - Nov 25, 2025

Money

UAE’s Lunate Eyes USD 1B Investment in AI Firm MGX

Lunate Abu-Dhabi based alternative investment manager, Lunate, is in the process of discussing committing USD 1 billion to UAE state-backed...

by WAYA Staff - Nov 25, 2025