Coreangels MEA Archives

COREangels MEA Unveils USD 10M Fund to Back Startups in the Region

COREangels MEA What is happening? COREangels MEA has launched a USD 10 million investment fund for early-stage startups across the Middle East and Africa. The fund is backed by PTS Holdings and co-managed with Kemtix...

by WAYA Staff - May 27, 2025

Markets

FRA Approves Licenses for Telda, Bokra, EGY Trend & True Finance Lease

FRA Egypt’s Financial Regulatory Authority (FRA) issued decisions for 5 companies for activities ranging from establishing a real estate investment...

by WAYA Staff - Jul 1, 2025

Startups

Valify Secures FRA Approval to Issue Digital Contracts and Registries

Valify Valify, Egypt’s RegTech innovator, just got a major regulatory boost. It has officially received a license from the Financial...

by WAYA Staff - Jul 1, 2025

Startups

Saudi’s PetroApp Raises USD 50M to Scale Fuel and Fleet Services

PetroApp What happened? Saudi- based fuel management platform, PetroApp, secured USD 50 million investment round. The round was led by...

by WAYA Staff - Jul 1, 2025

Markets

Egypt’s Pharmaceutical Division Pushes for Price Increase on 1,000 Medicines

Pharmaceutical Division Ali Ouf, Head of the Pharmaceuticals Division at the Federation of Egyptian Chambers of Commerce, revealed that the...

by WAYA Staff - Jun 30, 2025

Markets

Egypt Introduces VAT Amendments to Broaden Tax Base

VAT The Egyptian Ministry of Finance introduced limited amendments to the Value Added Tax (VAT). This is to broaden the...

by WAYA Staff - Jun 30, 2025

Markets

Sharjah Fast-Tracks Business Setup With One-Day Instant License

Instant License The Sharjah Economic Development Department (SEDD) launched an ‘Instant License’ service. This is with the goal of promoting...

by WAYA Staff - Jun 30, 2025

Money

UAE’s Aqua 1 Foundation Buys USD 100M in Tokens from Trump’s Crypto Project

Aqua 1 Foundation What happened? UAE-based fund, Aqua 1 Foundation, bought USD 100 million worth of digital tokens from World...

by WAYA Staff - Jun 29, 2025

Startups

France’s PoliCloud Raises USD 8.8M Led by MENA VC Global Ventures

PoliCloud What happened? France-based PoliCloud, raised approximately USD 8.8 million (EUR 7.5M) in a seed round. The round was led...

by WAYA Staff - Jun 29, 2025

Startups

Saudi’s Impact46 Joins USD 5M Seed Round for US-Based Spekter Games

Spekter Games What happened? US-based Spekter Games secured a USD 5 million pre-seed funding round. The round was led by...

by WAYA Staff - Jun 29, 2025

Startups

UAE’s Idea-L Secures USD 1M to Launch AI-Powered Founder Platform

Idea-L What happened? UAE-based AI and Web3 platform, Idea-L, secures USD 1M in a pre-seed round. The round was secured...

by WAYA Staff - Jun 29, 2025

Coreangels MEA

COREangels MEA Unveils USD 10M Fund to Back Startups in the Region

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