Business Archives

ADQ invests $125m in Aliph Capital Fund I

Aliph Capital, a GCC-centric private equity firm, announced that it has secured a $125 million investment for its Aliph Fund I from ADQ, an Abu Dhabi-based investment and holding company. Aliph Fund I (LP) is...

by WAYA Staff - Oct 24, 2022

Markets

OPay partners with Banque Misr to issue OPay prepaid card in partnership with Meeza and Mastercard

OPay, an electronic payment services provider, and Banque Misr partnered to issue prepaid cards. Banque Misr will act as the...

by WAYA Staff - Feb 6, 2023

Real Estate

Jumeirah Group acquires Switzerland’s Le Richemond hotel

Jumeirah Group, a luxury hospitality company and member of Dubai Holding, acquired its first property in Switzerland, the flagship property...

by WAYA Staff - Feb 6, 2023

Markets

Orange Egypt partners with Fawry to enhance digital payment services

Orange Egypt signed a partnership agreement with Fawry to enhance digital payment services through the Orange Cash wallet and develop...

by WAYA Staff - Feb 6, 2023

Tech

Oracle is investing $1.5 billion in Saudi Arabia

Oracle plans to invest $1.5 billion in Saudi Arabia it aims to build its cloud footprint in Saudi Arabia and...

by WAYA Staff - Feb 6, 2023

Money

GMG acquires Investment Corporation of Dubai’s aswaaq

GMG acquired aswaaq LLC from the Investment Corporation of Dubai (ICD), the principal investment arm of the government of Dubai,...

by WAYA Staff - Feb 6, 2023

Startups

The University of Hertfordshire and Gemini Africa partner to launch an entrepreneurship program for university students

The University of Hertfordshire and Gemini Africa signed a partnership agreement to launch an entrepreneurship program for university students. The...

by WAYA Staff - Feb 5, 2023

Startups

Lihytech, Saudi Arabia’s lithium-tech startup, raises $6m in funding

Lihytech, raised $6 million from Saudi Arabian mining company, Ma’aden, and the King Abdullah University of Science and Technology (KAUST) Innovation Ventures fund....

by WAYA Staff - Feb 5, 2023

Markets

PIF and AeroFarms partner to build indoor vertical farms in Saudi Arabia

PIF, The Public Investment Fund, signed a joint venture agreement with AeroFarms, a US-based commercial vertical farming company, to establish...

by WAYA Staff - Feb 2, 2023

Money

Etisalat Egypt signs a 4 billion EGP financing agreement with CIB

Etisalat Egypt by e&, a tech-telecom operator, signed a 4 billion EGP financing agreement with the Commercial International Bank (CIB)...

by WAYA Staff - Feb 2, 2023

Money

Banque du Caire gets a $100m loan from EBRD and British International Investment

EBRD, the European Bank for Reconstruction and Development and the British International Investment (BII) are providing a $100 million subordinated...

by WAYA Staff - Feb 1, 2023

Business

ADQ invests $125m in Aliph Capital Fund I

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