CI Capital Archives

Souhoola Completes USD 9.6M Securitization Bond Issuance

BM Consumer Finance (Souhoola) completed a USD 9.6M (EGP 478M) securitized bond issuance for Capital Securitization, aiming to strengthen its market position and support expansion.

by WAYA Staff - Nov 28, 2024

Tech

US Greenlights AI Chip Export to UAE, Strengthening Microsoft-G42 Alliance

Microsoft has received US approval to export advanced AI chips for a facility in the UAE, in collaboration with G42.

by WAYA Staff - Dec 9, 2024

Startups

AfricArena Grand Summit Recognizes Africa’s Top Tech Startups

At the 2024 AfricArena Grand Summit in Cape Town, nine African start-ups were recognized for their innovative contributions.

by WAYA Staff - Dec 9, 2024

Tech

Flying Cars? Abu Dhabi’s Archer Electric Air Taxi Is Almost Here

Abu Dhabi has teamed up with Archer Aviation, a leader in electric vertical takeoff and landing (eVTOL) aircraft, to launch...

by WAYA Staff - Dec 9, 2024

Real Estate

Halal Hustle: Emirates REIT Refinances USD 205M in Style

Emirates REIT, a leading Shariah-compliant real estate investment trust, has taken a significant step in bolstering its financial structure.

by WAYA Staff - Dec 9, 2024

Environment

From Cairo to Cape Town: eSIMs and Eco-Friendly Innovations

Egypt’s embrace of eSIMs aligns with global trends, simplifying customer experiences while reducing dependency on physical SIM production.

by WAYA Staff - Dec 9, 2024

Money

Hub71 Startups Raise Over USD 1.9B in Funding

Hub71 startups have raised over USD 1.9 billion in funding and generated more than USD 1.08 billion revenue, showcasing the...

by WAYA Staff - Dec 9, 2024

Startups

Youth: Egypt’s Student Discount App Raises USD 20K in Gen-Z Challenge

Egypt's student discount platform, Youth, secured USD 20,000 (LE 1 million) in funding through the Gen-Z entrepreneurship show.

by WAYA Staff - Dec 8, 2024

Startups

African and Arab Startups Shine at Red Bull Basement 2024

With support from Red Bull Basement, these startups are proving that innovation knows no borders—and the best ideas are just...

by WAYA Staff - Dec 8, 2024

Money

National Bank of Kuwait Acquires Majority Stake in Upayments

NBK has acquired a 51% stake in UPayments, boosting Kuwait's digital payment sector.

by WAYA Staff - Dec 8, 2024

Markets

Qatar Gets Digital: New Banking Rules for a Cashless Economy

Imagine scrolling through your phone to access a 100% digital bank—no paperwork, no physical branches. Sounds futuristic? Not anymore.

by WAYA Staff - Dec 8, 2024

CI Capital

Souhoola Completes USD 9.6M Securitization Bond Issuance

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