CAREEM Archives

Careem acquires UAE’s FinTech platform Denarii

Careem, MENA-based super app, acquires Denarii, a Dubai-based money transfer platform that offers international financial remittance services for both businesses and individuals. Careem has fully acquired the assets of Denarii, and its FinTech technology will now...

by WAYA Staff - Jul 3, 2022

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

Startups

MNT-Halan recieved more than $200m from Chimera Abu Dhabi

MNT-Halan, a FinTech ecosystem and startup, announced today that Chimera Abu Dhabi has invested more than $200 million in equity...

by WAYA Staff - Feb 1, 2023

Money

Saudi Entertainment Ventures acquires AMC’s cinema chain in Saudi Arabia

Saudi Entertainment Ventures (SEVEN), a wholly owned subsidiary of the Public Investment Fund (PIF), will acquire AMC’s equity stake in the...

by WAYA Staff - Feb 1, 2023

Energy

Emerge partners with Coca-Cola Al Ahlia Beverages to launch a new solar project

Emerge, a joint venture (JV) between UAE’s Masdar and France’s EDF, has signed an agreement with Coca-Cola Al Ahlia Beverages,...

by WAYA Staff - Jan 30, 2023

Energy

QatarEnergy takes a 30% stake in offshore gas blocks in Lebanon

Eni and TotalEnergies have completed the transfer to QatarEnergy of a 30% interest in exploration Blocks 4 and 9 off...

by WAYA Staff - Jan 30, 2023

Startups

Hope Ventures invest $1.5 million in YAS Holding and RestHero through the TV show Beban

Hope Ventures, the investment arm of Hope’s Fund and producers of the Beban TV show, invested $1.5 million in YAS Holding...

by WAYA Staff - Jan 29, 2023

Money

CIB acquires 49% of Mayfair in a $40 million deal

CIB announced that the Central Bank of Egypt (CBE) and the Central Bank of Kenya (CBK) have granted the bank...

by WAYA Staff - Jan 29, 2023

Money

Dubai Investments acquires 9% stake in UK’s Monument Bank

Dubai Investments, an investment company listed on the Dubai Financial Market, acquired a 9% equity stake in Monument Bank Limited,...

by WAYA Staff - Jan 29, 2023

CAREEM

Careem acquires UAE’s FinTech platform Denarii

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