Drive Finance Archives

Drive Finance Signs USD 104M Syndicated Loan to Fund Expansion

Drive Finance Drive Finance, a subsidiary of GB Capital, signed a syndicated credit facility worth around USD 104 million (EGP 5B). The facility is part of the company’s strategy to diversify its funding sources and...

by WAYA Staff - Nov 26, 2025

Money

Drive Finance Signs USD 104M Syndicated Loan to Fund Expansion

Drive Finance Drive Finance, a subsidiary of GB Capital, signed a syndicated credit facility worth around USD 104 million (EGP...

by WAYA Staff - Nov 26, 2025

Startups

Egypt Ventures Exits InfiniLink Following GlobalFoundries Acquisition

Egypt Ventures Egypt Ventures, investment firm, announced a successful exit from InfiniLink following the startup’s acquisition by GlobalFoundries (GF), US-based...

by WAYA Staff - Nov 26, 2025

Startups

Saudi’s Mnzil Raises USD 11.7M to Provide Workforce Housing Solutions

Mnzil Saudi’s co-living and transportation platform, Mnzil, raised USD 11.7 million (SAR 44M) in a Series A funding round. The...

by WAYA Staff - Nov 25, 2025

Markets

Egypt’s Budget Car Market Surges After Price Drops

Budget Car Market Due to a series of drops in prices in the Egyptian car market over the past six...

by WAYA Staff - Nov 25, 2025

Money

UAE’s Lunate Eyes USD 1B Investment in AI Firm MGX

Lunate Abu-Dhabi based alternative investment manager, Lunate, is in the process of discussing committing USD 1 billion to UAE state-backed...

by WAYA Staff - Nov 25, 2025

Startups

UAE’s Revibe Raises USD 17M to Expand Refurbished Electronics Marketplace

Revibe UAE’s marketplace for refurbished electronics, Revibe, raised USD 17 million in a funding round. The round was led by...

by WAYA Staff - Nov 25, 2025

Startups

Saudi’s Strataphy Raises USD 6M to Cool AI Infrastructure

Strataphy Saudi-based deep-tech startup, Strataphy, raised USD 6 million in a seed funding round. The round was led by Outliers...

by WAYA Staff - Nov 25, 2025

Money

Morocco Launches USD 269M Initiative to Boost Startup Investment Funds

Morocco Morocco’s Ministry of Digital Transition and Public Administration Reform, the Mohammed VI Investment Fund, Caisse de Dépôt et de...

by WAYA Staff - Nov 24, 2025

Real Estate

Egypt to Launch 9 Investment Opportunities in Galala City for Global Investors

Galala City The President of the General Authority for Investment and Free Zones (GAFI), Mr Hossam Heiba, and the Assistant...

by WAYA Staff - Nov 24, 2025

Startups

Buildroid AI Raises USD 2M to Roll Out Construction Robots

Buildroid AI US-based AI robotics startup, Buildroid AI, raised USD 2 million in a pre-seed funding round. The round was...

by WAYA Staff - Nov 24, 2025

Drive Finance

Drive Finance Signs USD 104M Syndicated Loan to Fund Expansion

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