Startups

SIC Backs Khwarizmi Ventures Fund II to Support Saudi Industrial Tech Startups

Saudi Arabia’s industrial development push is moving deeper into venture capital. SIDF Investment Company (SIC), a subsidiary of the Saudi...

by WAYA Staff - May 14, 2026

Tech

Google & SpaceX Want to Build AI Data Centers in Space

The tech giant is developing “Project Suncatcher,” a plan to connect solar-powered satellites equipped with AI chips into an orbital...

by WAYA Staff - May 13, 2026

Markets

Egypt’s Investment Fund Assets Surge to USD 7.8B in Q1 2026

Individuals accounted for more than 74% of fund certificate ownership as investment funds operating in Egypt rose to 187 by...

by WAYA Staff - May 13, 2026

Markets

SRMG Raises Thmanyah Stake to 75% & Commits USD 53.2M in Financing

The media group plans to expand Thmanyah’s visual sports and digital content business after the company secured exclusive Saudi sports...

by WAYA Staff - May 13, 2026

Startups

TruKKer Secures USD 300M Facility to Expand Digital Freight Network

The digital freight platform closed an asset-backed securitization facilities as it scales operations across the region. TruKKer secured a trade...

by WAYA Staff - May 13, 2026

Startups

Aumet Raises USD 12M to Build Its AI Procurement OS for Healthcare

The healthcare supply chain platform plans to expand its AI capabilities, grow enterprise deployments, and enter new GCC markets. The...

by WAYA Staff - May 13, 2026

Money

QIA Commits USD 500M to General Atlantic to Expand Global Growth Investments

The partnership will support global growth equity investments, Middle East market expansion, and investment collaboration between the two firms. Qatar...

by WAYA Staff - May 12, 2026

Energy

Aramco CEO Warns Oil Market Shock Could Stretch Into 2027 as Hormuz Disruptions Persist

The Saudi oil giant says the market has already lost around 1 billion barrels of oil in just two months....

by WAYA Staff - May 12, 2026

Markets

EGX Trading Jumps 76.9% as New Investors Surge 215%

The Egyptian Exchange recorded strong growth in the first quarter of 2026, with total trading value exceeding EGP 6 billion...

by WAYA Staff - May 12, 2026

Markets

Thndr Plans Expansion into the GCC as It Eyes Saudi, Dubai & Bahrain

The investment platform aims to build a single platform for Arab investors to access local, regional, and global markets. Thndr...

by WAYA Staff - May 12, 2026