BRICS Archives

Egypt joins BRICS as new member

Egypt approved on an agreement of establishing the New Development Bank (NDB) of the BRICS bloc and as being a new member. The decree was passed by the house of representatives in January. The BRICS bloc members...

by WAYA Staff - Apr 2, 2023

Startups

Saudi Autobia secures US$2.5m seed funding to reshape the automotive aftersales market

The B2B platform for automotive aftersales and spare parts Autobia announces the successful completion of a $2.5 million seed funding round. The...

by WAYA Staff - Jun 6, 2023

Money

Saudi Arabia to establish US$1b investment project in Iraq

Saudi Arabia announced investing US$1 billion to establish a huge project in Iraq amid a fruitful phase of the strong...

by WAYA Staff - Jun 6, 2023

Startups

Saudi Integrative Health fully acquires Nala platform

Saudi Arabia-based healthtech Integrative Health announced that it has acquired Nala, another Saudi healthtech platform, according to media reports. The digital health company...

by WAYA Staff - Jun 5, 2023

Markets

Dubai-based marketplace Floranow acquires Saudi’s Bloomax for expansion

Dubai-based online floral marketplace, Floranow, announced it has fully acquired Bloomax, Saudi Arabia’s largest wholesale distributor of fresh-cut flowers aiming to expand its...

by WAYA Staff - Jun 5, 2023

Tech

SC Women in Tech program grants US$50k to three Saudi female-led startups

The leading global banking group, Standard Chartered (SC), and the region’s leading full-fledged investment firm, Falak Investment Hub, announced the successful...

by WAYA Staff - Jun 4, 2023

Markets

Edita Food Industries acquires 100% of Fancy Foods

Edita Food Industries, a leading Fast Moving Consumer Goods (FMCG) company in Egypt and the Middle East, announced the acquisition of Fancy Foods,...

by WAYA Staff - Jun 4, 2023

Tech

Google leads US$36m funding round for Indian space startup Pixxel

Google is leading a $36 million funding round for Bengaluru-based Pixxel, a satellite-image startup, in the first major investment in...

by WAYA Staff - Jun 4, 2023

Money

DisrupTech Ventures to invest US$5m in new fintech startups

DisrupTech Ventures has recently announced it will allocate funding estimated at a range from US$4 to US$5m in four new Egyptian fintech...

by WAYA Staff - Jun 1, 2023

Startups

Dubai-based startup Tabby raises debt to US$350m

Dubai’s buy now, pay later firm Tabby has increased its debt facility to $350 million in a financing round led...

by WAYA Staff - Jun 1, 2023

Startups

Morocco-based DataPathology raises US$1m from Azur Innovation Fund

The Morocco-based healthtech startup DataPathology announced it raised US$1 million, led by Azur Innovation Fund. The startup’s mission is to address the lack of...

by WAYA Staff - May 31, 2023

BRICS

Egypt joins BRICS as new member

Sign up for our newsletter